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EIFZF (Exchangeome) Total Assets : $3,185 Mil (As of Sep. 2024)


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What is Exchangeome Total Assets?

Exchangeome's Total Assets for the quarter that ended in Sep. 2024 was $3,185 Mil.

Warning Sign:

If a company builds assets at 15.5% a year, faster than its revenue growth rate of 7.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Exchangeome's average Total Assets Growth Rate was 9.60% per year. During the past 3 years, the average Total Assets Growth Rate was 21.40% per year. During the past 5 years, the average Total Assets Growth Rate was 15.50% per year. During the past 10 years, the average Total Assets Growth Rate was 16.70% per year.

During the past 13 years, Exchangeome's highest 3-Year average Total Assets Growth Rate was 2788.30%. The lowest was 9.50%. And the median was 21.40%.

Total Assets is connected with ROA %. Exchangeome's annualized ROA % for the quarter that ended in Sep. 2024 was 5.29%. Total Assets is also linked to Revenue through Asset Turnover. Exchangeome's Asset Turnover for the quarter that ended in Sep. 2024 was 0.17.


Exchangeome Total Assets Historical Data

The historical data trend for Exchangeome'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.

Exchangeome Total Assets Chart

Exchangeome Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,721.13 1,791.07 2,022.40 2,612.32 3,041.00

Exchangeome Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,916.00 3,041.00 2,991.58 3,052.89 3,185.04

Exchangeome 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.

Exchangeome'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 )
=928.349+2112.652
=3,041

Exchangeome'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 )
=939.838+2245.199
=3,185

* 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.


Exchangeome  (OTCPK:EIFZF) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=165.024/( (3052.89+3185.037)/ 2 )
=165.024/3118.9635
=5.29 %

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

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

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=524.034/( (3052.89+3185.037)/ 2 )
=524.034/3118.9635
=0.17

* 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.

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.

Exchangeome Total Assets Related Terms

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Exchangeome Business Description

Traded in Other Exchanges
Address
101-990 Lorimer Boulevard, Winnipeg, MB, CAN, R3P 0Z9
Exchange Income Corp is a diversified, acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with cash flows operating in niche markets. Its Aerospace and Aviation segment is a key revenue driver, recognizes revenue from the provision of Aftermarket parts sales, Aircraft and engine sales, Aircraft and engine lease revenue, Surveillance and aircraft modification services, Software development and sales of software licenses, Charter, passenger flight, medevac, and cargo services. The Manufacturing segment recognizes revenue from the sales of manufacturing products and services.