EESTech (EESTech) Total Assets : $0.13 Mil (As of Sep. 2023)

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What is EESTech Total Assets?

EESTech's Total Assets for the quarter that ended in Sep. 2023 was $0.13 Mil.

During the past 3 years, the average Total Assets Growth Rate was 295.70% per year. During the past 5 years, the average Total Assets Growth Rate was 113.50% per year.

During the past 7 years, EESTech's highest 3-Year average Total Assets Growth Rate was 295.70%. The lowest was -11.20%. And the median was 17.35%.

Total Assets is connected with ROA %. EESTech's annualized ROA % for the quarter that ended in Sep. 2023 was -977.08%. Total Assets is also linked to Revenue through Asset Turnover. EESTech's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

EESTech Total Assets Historical Data

The historical data trend for EESTech'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.

EESTech Total Assets Chart

EESTech Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Total Assets

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0.65

0.51

0.07

0.11

6.64

EESTech Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															-	-	0.49	0.13	0.13

EESTech 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.

EESTech's Total Assets for the fiscal year that ended in Dec. 2007 is calculated as

Total Assets	=	Total Equity (A: Dec. 2007 )	+	Total Liabilities (A: Dec. 2007 )
	=	5.371	+	1.268
	=	6.64

EESTech's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-0.529	+	0.656
	=	0.13

EESTech (OTCPK:EESH) Total Assets Explanation

Total Assets is connected with ROA %.

EESTech's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-1.236	/	( (0.126	+	0.127)	/ 2 )
	=	-1.236	/	0.1265
	=	-977.08 %

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

EESTech's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (0.126	+	0.127)	/ 2 )
=	0	/	0.1265
=	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.

EESTech Total Assets Related Terms

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EESTech (EESTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EESTech Inc (OTCPK:EESH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

16192 Coastal Highway, Lewes, DE, USA, 19958

Website

http://www.eestechinc.com

EESTech Inc is engaged in providing mine site waste management solutions and services through the application of industrially advanced and proprietary processing capabilities. The firm's objective is to provide tangible methods of mine-site remediation and reclamation through the cost-effective delivery of critical waste management solutions.

Executives

Graeme John Lynch	officer: Chief Operating Officer	EESTECH INC, 241 ADELAIDE ST., SUITE 417, BRISBANE C3 QLD 4000
Patrick James Caragata	director	EESTECH INC, 241 ADELAIDE ST., SUITE 417, BRISBANE C3 QLD 4000
Donald Graham Bartlem	director	EESTECH INC, 241 ADELAIDE ST., SUITE 417, BRISBANE C3 QLD 4000
Eestech, Inc.	officer: COMPANY SECRETARY and CFO	241 ADELAIDE STREET, SUITE 417, BRISBANE C3 4000
Ian Hutcheson	officer: SECRETARY & CFO	1260 S. HIGHWAY 89, BLDG. 1, SUITE H-5, CHINO VALLEY AZ 86323
Murray J. Bailey	director, officer: CHAIRMAN OF THE BD, PRESIDENT	1260 S. HIGHWAY 89, BLDG. 1, SUITE H-5, CHINO VALLEY AZ 86323
Gaylord Beeson	director	1260 S. HIGHWAY 89, BLDG. 1, SUITE H-5, CHINO VALLEY AZ 86323
Thomas L Svalberg	director, officer: Chief Operations Officer	5608 SOUTH ENSENADA COURT, AURORA CO 80015
John Ritter	director, officer: President	23011 MOULTON PARKWAY A-16, LAGUNA HILLS CA 92653
James W Zigler	director
James C Wilson	director
Steven Symms	director
Greg Paxton	10 percent owner	23011 MOULTON PARKWAY A-16, LAGUNA HILLS CA 92653
John Henderson	director, officer: CEO and CFO	23011 MOULTON PARKWAY A-16, LAGUNA HILLS CA 92653
Simon Mosley	10 percent owner