Aquarius Engines (Aquarius Engines) Total Assets : $19.37 Mil (As of Dec. 2023)

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What is Aquarius Engines Total Assets?

Aquarius Engines's Total Assets for the quarter that ended in Dec. 2023 was $19.37 Mil.

During the past 12 months, Aquarius Engines's average Total Assets Growth Rate was -32.10% per year. During the past 3 years, the average Total Assets Growth Rate was 35.50% per year. During the past 5 years, the average Total Assets Growth Rate was 59.60% per year.

During the past 7 years, Aquarius Engines's highest 3-Year average Total Assets Growth Rate was 130.70%. The lowest was 35.50%. And the median was 80.00%.

Total Assets is connected with ROA %. Aquarius Engines's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Aquarius Engines's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Aquarius Engines Total Assets Historical Data

The historical data trend for Aquarius Engines'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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Aquarius Engines Total Assets Chart

Aquarius Engines Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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13.60

69.05

56.86

37.86

19.37

Aquarius Engines Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial										47.71	41.89	37.86	29.89	19.37

Aquarius Engines 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.

Aquarius Engines's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	14.019	+	5.352
	=	19.37

Aquarius Engines's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	14.019	+	5.352
	=	19.37

Aquarius Engines (OTCPK:AQUEF) Total Assets Explanation

Total Assets is connected with ROA %.

Aquarius Engines's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0	/	( (29.892	+	19.371)	/ 2 )
	=	0	/	24.6315
	=	0.00 %

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

Aquarius Engines's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (29.892	+	19.371)	/ 2 )
=	0	/	24.6315
=	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.

Aquarius Engines Total Assets Related Terms

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