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AACTF (Aurora Solar Technologies) Total Assets : $5.23 Mil (As of Dec. 2024)


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What is Aurora Solar Technologies Total Assets?

Aurora Solar Technologies's Total Assets for the quarter that ended in Dec. 2024 was $5.23 Mil.

During the past 12 months, Aurora Solar Technologies's average Total Assets Growth Rate was -16.10% per year. During the past 3 years, the average Total Assets Growth Rate was 91.60% per year. During the past 5 years, the average Total Assets Growth Rate was 55.20% per year. During the past 10 years, the average Total Assets Growth Rate was 49.50% per year.

During the past 13 years, Aurora Solar Technologies's highest 3-Year average Total Assets Growth Rate was 321.70%. The lowest was -23.10%. And the median was 56.40%.

Total Assets is connected with ROA %. Aurora Solar Technologies's annualized ROA % for the quarter that ended in Dec. 2024 was -54.37%. Total Assets is also linked to Revenue through Asset Turnover. Aurora Solar Technologies's Asset Turnover for the quarter that ended in Dec. 2024 was 0.17.


Aurora Solar Technologies Total Assets Historical Data

The historical data trend for Aurora Solar Technologies'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.

Aurora Solar Technologies Total Assets Chart

Aurora Solar Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 3.04 2.52 6.89 7.53

Aurora Solar Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.83 7.53 7.12 6.40 5.23

Aurora Solar Technologies 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.

Aurora Solar Technologies's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=4.297+3.235
=7.53

Aurora Solar Technologies's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=2.934+2.295
=5.23

* 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.


Aurora Solar Technologies  (OTCPK:AACTF) Total Assets Explanation

Total Assets is connected with ROA %.

Aurora Solar Technologies's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-3.16/( (6.395+5.229)/ 2 )
=-3.16/5.812
=-54.37 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Aurora Solar Technologies's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.995/( (6.395+5.229)/ 2 )
=0.995/5.812
=0.17

* 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.

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.

Aurora Solar Technologies Total Assets Related Terms

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Aurora Solar Technologies Business Description

Traded in Other Exchanges
Address
788 Harbourside Drive, Suite 100, North Vancouver, Vancouver, BC, CAN, V7P 3R7
Aurora Solar Technologies Inc is engaged in the delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. Its products are DM Instruments, TCM Instruments, Insight, BT Imaging, and Visualize. The company's only operating segment is the development, manufacturing, and marketing, material inspection and inline quality control systems for the solar polysilicon, wafer, cell, and module manufacturing industries.

Aurora Solar Technologies Headlines