Three Sixty Solar (Three Sixty Solar) Total Assets : $0.36 Mil (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Three Sixty Solar Total Assets?

Three Sixty Solar's Total Assets for the quarter that ended in Mar. 2024 was $0.36 Mil.

During the past 12 months, Three Sixty Solar's average Total Assets Growth Rate was -79.90% per year. During the past 3 years, the average Total Assets Growth Rate was 20.70% per year. During the past 5 years, the average Total Assets Growth Rate was 14.20% per year. During the past 10 years, the average Total Assets Growth Rate was 26.00% per year.

During the past 13 years, Three Sixty Solar's highest 3-Year average Total Assets Growth Rate was 186.90%. The lowest was -66.30%. And the median was -13.40%.

Total Assets is connected with ROA %. Three Sixty Solar's annualized ROA % for the quarter that ended in Mar. 2024 was -377.85%. Total Assets is also linked to Revenue through Asset Turnover. Three Sixty Solar's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Three Sixty Solar Total Assets Historical Data

The historical data trend for Three Sixty Solar'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.

Three Sixty Solar Total Assets Chart

Three Sixty Solar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Sep22

Sep23

Total Assets

Get a 7-Day Free Trial

5.86

4.86

3.58

2.81

0.61

Three Sixty Solar 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															1.49	1.82	0.61	0.53	0.36

Three Sixty Solar 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.

Three Sixty Solar's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	-0.552	+	1.157
	=	0.61

Three Sixty Solar'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 )
	=	-1.086	+	1.443
	=	0.36

Three Sixty Solar (OTCPK:VSOLF) Total Assets Explanation

Total Assets is connected with ROA %.

Three Sixty Solar'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 )
	=	-1.672	/	( (0.528	+	0.357)	/ 2 )
	=	-1.672	/	0.4425
	=	-377.85 %

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.

Three Sixty Solar'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 )
=	0	/	( (0.528	+	0.357)	/ 2 )
=	0	/	0.4425
=	0.00

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.

Three Sixty Solar Total Assets Related Terms

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

Three Sixty Solar (Three Sixty Solar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Three Sixty Solar Ltd (OTCPK:VSOLF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AJ6:Germany VSOL:Canada

Address

408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1

Website

https://www.threesixtysolar.com

Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.