AKTSQ (Akoustis Technologies) Total Assets: $57.37 Mil (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AKTSQ Akoustis Technologies Inc AKTSQ
12 GF Score
Price $0.00
View Full Analysis

What is Akoustis Technologies Total Assets?

Akoustis Technologies AKTSQ -99.89% 12 Total Assets is $57.37 Mil as of Sep. 2024. GuruFocus rates AKTSQ with a GF Score™ of 12/100.

Akoustis Technologies's Total Assets for the quarter that ended in Sep. 2024 was $57.37 Mil.

Total Assets is connected with ROA %. Akoustis Technologies's annualized ROA % for the quarter that ended in Sep. 2024 was -40.41%. Total Assets is also linked to Revenue through Asset Turnover. Akoustis Technologies's Asset Turnover for the quarter that ended in Sep. 2024 was 0.14.

Akoustis Technologies  (OTCPK:AKTSQ) Total Assets Explanation

Total Assets is connected with ROA %.

Akoustis Technologies's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-25.68/( (69.741+57.371)/ 2 )
=-25.68/63.556
=-40.41 %

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

Akoustis Technologies's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=9.027/( (69.741+57.371)/ 2 )
=9.027/63.556
=0.14

* 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.

Akoustis Technologies Total Assets Related Terms

Akoustis Technologies Total Assets Historical Data

* Premium members only.

The historical data trend for Akoustis 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.

Akoustis Technologies Total Assets Chart

Akoustis Technologies Annual Data
Trend Jun15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.43 124.99 161.34 148.92 69.74

Akoustis Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 127.15 111.88 102.60 69.74 57.37
AKTSQ
12GF Score
Akoustis Technologies Inc AKTSQ
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akoustis 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.

Akoustis Technologies's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=-57.094+126.835
=69.74

Akoustis Technologies's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-65.215+122.586
=57.37

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $57.37 Mil mean?
Akoustis Technologies (AKTSQ) has a Total Assets of $57.37 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Akoustis Technologies and its competitors.
Is Akoustis Technologies' Total Assets too high?
Akoustis Technologies' current Total Assets is $57.37 Mil. Overall, Akoustis Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Akoustis Technologies' Total Assets compare to ELST and MLRT?
Akoustis Technologies' Total Assets of $57.37 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Hardware company?
A good Total Assets depends on the Hardware industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Akoustis Technologies and its competitors. Akoustis Technologies's current Total Assets is $57.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akoustis Technologies stock overvalued right now?
Akoustis Technologies (AKTSQ) has a current Total Assets of $57.37 Mil. The current Total Assets is $57.37 Mil. Akoustis Technologies' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Akoustis Technologies (AKTSQ), the current Total Assets is $57.37 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Akoustis Technologies Business Description

Address 9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078
Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.
12GF Score

Get the complete analysis for AKTSQ

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price