Polaris Renewable Energy (TSX:PIF) Total Assets : C$697.4 Mil (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Polaris Renewable Energy Total Assets?

Polaris Renewable Energy's Total Assets for the quarter that ended in Mar. 2024 was C$697.4 Mil.

During the past 12 months, Polaris Renewable Energy's average Total Assets Growth Rate was -5.30% per year. During the past 3 years, the average Total Assets Growth Rate was 5.30% per year. During the past 5 years, the average Total Assets Growth Rate was 3.00% per year. During the past 10 years, the average Total Assets Growth Rate was 3.50% per year.

During the past 13 years, Polaris Renewable Energy's highest 3-Year average Total Assets Growth Rate was 4428.30%. The lowest was -85.90%. And the median was 2.00%.

Total Assets is connected with ROA %. Polaris Renewable Energy's annualized ROA % for the quarter that ended in Mar. 2024 was 3.38%. Total Assets is also linked to Revenue through Asset Turnover. Polaris Renewable Energy's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Polaris Renewable Energy Total Assets Historical Data

The historical data trend for Polaris Renewable Energy's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Polaris Renewable Energy Total Assets Chart

Polaris Renewable Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

610.70

627.63

643.46

726.94

696.83

Polaris Renewable Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															726.70	704.27	711.47	696.83	697.41

Polaris Renewable Energy Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Polaris Renewable Energy's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	362.141	+	334.686
	=	696.8

Polaris Renewable Energy's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	367.173	+	330.238
	=	697.4

Polaris Renewable Energy (TSX:PIF) Total Assets Explanation

Total Assets is connected with ROA %.

Polaris Renewable Energy's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	23.532	/	( (696.827	+	697.411)	/ 2 )
	=	23.532	/	697.119
	=	3.38 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Polaris Renewable Energy's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	27.927	/	( (696.827	+	697.411)	/ 2 )
=	27.927	/	697.119
=	0.04

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Polaris Renewable Energy Total Assets Related Terms

Thank you for viewing the detailed overview of Polaris Renewable Energy's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Polaris Renewable Energy (TSX:PIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Polaris Renewable Energy Inc (TSX:PIF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

RAMPF:USA N4T:Germany

Address

7 St. Thomas Street, Suite 606, Toronto, ON, CAN, M5S 2B7

Website

https://www.polarisrei.com

Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development and operation of renewable energy projects in the Americas. The Company operates in five reportable operating segments: 1) Nicaragua which includes the acquisition, exploration, development and operation of a geothermal project; 2) Peru which includes the acquisition, exploration, development and operation of hydroelectric projects; 3) Panama which includes acquisition, development and operation of solar projects; 4) Dominican Republic which includes acquisition, development and operation of solar projects; 5) Ecuador which includes acquisition, exploration, development and operation of hydroelectric projects.

Executives

Anthony Nenard Jelic

Senior Officer

Polaris Renewable Energy (TSX:PIF) Headlines

No Headlines