DevvStream Holdings (DevvStream Holdings) Total Assets : $0.13 Mil (As of Jan. 2024)

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What is DevvStream Holdings Total Assets?

DevvStream Holdings's Total Assets for the quarter that ended in Jan. 2024 was $0.13 Mil.

During the past 12 months, DevvStream Holdings's average Total Assets Growth Rate was -76.40% per year.

Total Assets is connected with ROA %. DevvStream Holdings's annualized ROA % for the quarter that ended in Jan. 2024 was -4,067.84%. Total Assets is also linked to Revenue through Asset Turnover. DevvStream Holdings's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

DevvStream Holdings Total Assets Historical Data

The historical data trend for DevvStream Holdings'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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DevvStream Holdings Total Assets Chart

DevvStream Holdings Annual Data

Trend

Jul22

Jul23

Total Assets

4.21

0.85

DevvStream Holdings Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial				2.53	1.56	0.85	0.21	0.13

DevvStream Holdings 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.

DevvStream Holdings's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	-0.055	+	0.909
	=	0.85

DevvStream Holdings's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	-4.244	+	4.371
	=	0.13

DevvStream Holdings (OTCPK:DSTRF) Total Assets Explanation

Total Assets is connected with ROA %.

DevvStream Holdings's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-6.956	/	( (0.214	+	0.128)	/ 2 )
	=	-6.956	/	0.171
	=	-4,067.84 %

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

DevvStream Holdings's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0	/	( (0.214	+	0.128)	/ 2 )
=	0	/	0.171
=	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.

DevvStream Holdings Total Assets Related Terms

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DevvStream Holdings (DevvStream Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DevvStream Holdings Inc (OTCPK:DSTRF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CQ0:Germany DESG:Canada

Address

2133-1177 W. Hastings Street, Vancouver, BC, CAN, V6E 2K3

Website

https://www.devvstream.com

DevvStream Holdings Inc is an Environmental Social and Governance (ESG) principled, high-tech, impact investing company focused on high quality and high return carbon credit generating projects. DES offers investors exposure to carbon credits, a key instrument used to reduce emissions of carbon dioxide and other greenhouse gases from industrial activities to reduce the effects of global warming.