AMMPF (AmmPower) Total Assets : $2.57 Mil (As of Aug. 2024)

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What is AmmPower Total Assets?

AmmPower's Total Assets for the quarter that ended in Aug. 2024 was $2.57 Mil.

During the past 12 months, AmmPower's average Total Assets Growth Rate was 2.90% per year. During the past 3 years, the average Total Assets Growth Rate was 44.30% per year.

During the past 5 years, AmmPower's highest 3-Year average Total Assets Growth Rate was 304.10%. The lowest was 44.30%. And the median was 174.20%.

Total Assets is connected with ROA %. AmmPower's annualized ROA % for the quarter that ended in Aug. 2024 was 33.16%. Total Assets is also linked to Revenue through Asset Turnover. AmmPower's Asset Turnover for the quarter that ended in Aug. 2024 was 0.00.

AmmPower Total Assets Historical Data

The historical data trend for AmmPower'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.

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AmmPower Total Assets Chart

AmmPower Annual Data

Trend

May20

May21

May22

May23

May24

Total Assets

0.41

2.29

2.91

2.09

1.95

AmmPower Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Assets	Get a 7-Day Free Trial													1.92	1.83	1.86	1.95	2.57

AmmPower 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.

AmmPower's Total Assets for the fiscal year that ended in May. 2024 is calculated as

Total Assets	=	Total Equity (A: May. 2024 )	+	Total Liabilities (A: May. 2024 )
	=	-3.231	+	5.177
	=	1.95

AmmPower's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2024 )	+	Total Liabilities (Q: Aug. 2024 )
	=	-2.955	+	5.519
	=	2.56

AmmPower (OTCPK:AMMPF) Total Assets Explanation

Total Assets is connected with ROA %.

AmmPower's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %	=	Net Income (Q: Aug. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
	=	0.748	/	( (1.946	+	2.565)	/ 2 )
	=	0.748	/	2.2555
	=	33.16 %

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

AmmPower's Asset Turnover for the quarter that ended in Aug. 2024 is

	Asset Turnover
=	Revenue (Q: Aug. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
=	0	/	( (1.946	+	2.565)	/ 2 )
=	0	/	2.2555
=	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.

AmmPower Total Assets Related Terms

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AmmPower Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

601A:Germany AMMP:Canada

Address

5 Hazelton Avenue, Toronto, ON, CAN, M5R 2E1

Website

https://www.iamm.green

AmmPower Corp is a clean energy company focused on the production of green ammonia. It is active in all facets of green ammonia technology, including the production of green fertilizers, carbon-free shipping fuel, and the 'cracking', or moving of green hydrogen as ammonia. The company operates in one business segment: which is the development of a proprietary technology to produce green ammonia, a carbon-free fertilizer and energy carrier. The company operates in Canada and the United States of which it generates the majority of its revenue from the United States.