Supernova Digital Assets (AQSE:SOL) Total Assets : £3.01 Mil (As of Oct. 2023)

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What is Supernova Digital Assets Total Assets?

Supernova Digital Assets's Total Assets for the quarter that ended in Oct. 2023 was £3.01 Mil.

Total Assets is connected with ROA %. Supernova Digital Assets's annualized ROA % for the quarter that ended in Oct. 2023 was -154.71%. Total Assets is also linked to Revenue through Asset Turnover. Supernova Digital Assets's Asset Turnover for the quarter that ended in Oct. 2023 was -0.53.

Supernova Digital Assets Total Assets Historical Data

The historical data trend for Supernova Digital Assets'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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Supernova Digital Assets Total Assets Chart

Supernova Digital Assets Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Total Assets

12.51

9.73

3.01

Supernova Digital Assets Semi-Annual Data
	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Assets	Get a 7-Day Free Trial			12.51	-	9.73	11.75	3.01

Supernova Digital Assets 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.

Supernova Digital Assets's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	2.931	+	0.074
	=	3.01

Supernova Digital Assets's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	2.931	+	0.074
	=	3.01

Supernova Digital Assets (AQSE:SOL) Total Assets Explanation

Total Assets is connected with ROA %.

Supernova Digital Assets's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	-11.416	/	( (11.753	+	3.005)	/ 2 )
	=	-11.416	/	7.379
	=	-154.71 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2023) 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.

Supernova Digital Assets's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	-3.905	/	( (11.753	+	3.005)	/ 2 )
=	-3.905	/	7.379
=	-0.53

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.

Supernova Digital Assets Total Assets Related Terms

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Supernova Digital Assets Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Supernova Digital Assets PLC (AQSE:SOL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Great Queen Street, 9th Floor, London, GBR, WC2B 5DG

Website

https://www.supernovaplc.com

Supernova Digital Assets PLC is an investment company that looks to identify investment and business-building opportunities in the high-growth Solana and cryptocurrency ecosystem.