ARQQ (Arqit Quantum) Total Assets : $26.72 Mil (As of Sep. 2024)

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What is Arqit Quantum Total Assets?

Arqit Quantum's Total Assets for the quarter that ended in Sep. 2024 was $26.72 Mil.

During the past 12 months, Arqit Quantum's average Total Assets Growth Rate was -85.50% per year. During the past 3 years, the average Total Assets Growth Rate was -33.10% per year. During the past 5 years, the average Total Assets Growth Rate was 28.80% per year.

During the past 6 years, Arqit Quantum's highest 3-Year average Total Assets Growth Rate was 147.40%. The lowest was -33.10%. And the median was 82.40%.

Total Assets is connected with ROA %. Arqit Quantum's annualized ROA % for the quarter that ended in Sep. 2024 was -40.33%. Total Assets is also linked to Revenue through Asset Turnover. Arqit Quantum's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Arqit Quantum Total Assets Historical Data

The historical data trend for Arqit Quantum'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.

Arqit Quantum Total Assets Chart

Arqit Quantum Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Total Assets

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9.31

113.73

123.87

99.79

26.72

Arqit Quantum Semi-Annual Data
	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial					123.87	114.47	99.79	41.80	26.72

Arqit Quantum 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.

Arqit Quantum's Total Assets for the fiscal year that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (A: Sep. 2024 )	+	Total Liabilities (A: Sep. 2024 )
	=	11.818	+	14.901
	=	26.72

Arqit Quantum'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 )
	=	11.818	+	14.901
	=	26.72

Arqit Quantum (NAS:ARQQ) Total Assets Explanation

Total Assets is connected with ROA %.

Arqit Quantum's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-13.818	/	( (41.804	+	26.719)	/ 2 )
	=	-13.818	/	34.2615
	=	-40.33 %

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

Arqit Quantum's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0.174	/	( (41.804	+	26.719)	/ 2 )
=	0.174	/	34.2615
=	0.01

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.

Arqit Quantum Total Assets Related Terms

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Arqit Quantum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arqit Quantum Inc (NAS:ARQQ) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

3 Orchard Place, London, GBR, SW1H 0BF

Website

https://www.arqit.uk

Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology that makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. The company delivers its symmetric key agreement technology via its product QuantumCloud. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. The company operates and generates its revenue from UK.