Akoustis Technologies (FRA:AVH) Total Assets : €94.39 Mil (As of Mar. 2024)

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What is Akoustis Technologies Total Assets?

Akoustis Technologies's Total Assets for the quarter that ended in Mar. 2024 was €94.39 Mil.

During the past 12 months, Akoustis Technologies's average Total Assets Growth Rate was -16.60% per year. During the past 3 years, the average Total Assets Growth Rate was 57.40% per year. During the past 5 years, the average Total Assets Growth Rate was 52.50% per year.

During the past 11 years, Akoustis Technologies's highest 3-Year average Total Assets Growth Rate was 328.60%. The lowest was 36.30%. And the median was 61.35%.

Total Assets is connected with ROA %. Akoustis Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was -87.08%. Total Assets is also linked to Revenue through Asset Turnover. Akoustis Technologies's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.

Akoustis Technologies Total Assets Historical Data

The historical data trend for Akoustis Technologies'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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Akoustis Technologies Total Assets Chart

Akoustis Technologies Annual Data

Trend

Jul14

Jun15

Mar16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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42.44

63.43

103.75

152.63

137.45

Akoustis Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															147.11	137.45	119.14	102.60	94.39

Akoustis Technologies 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.

Akoustis Technologies's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	79.599	+	57.852
	=	137.45

Akoustis Technologies's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	38.553	+	55.838
	=	94.39

Akoustis Technologies (FRA:AVH) Total Assets Explanation

Total Assets is connected with ROA %.

Akoustis Technologies's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-85.772	/	( (102.597	+	94.391)	/ 2 )
	=	-85.772	/	98.494
	=	-87.08 %

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

Akoustis Technologies's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	6.909	/	( (102.597	+	94.391)	/ 2 )
=	6.909	/	98.494
=	0.07

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.

Akoustis Technologies Total Assets Related Terms

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Akoustis Technologies (FRA:AVH) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Akoustis Technologies Inc (FRA:AVH) » Definitions » Total Assets

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AKTS:USA AVH:Germany

Address

9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078

Website

https://www.akoustis.com

Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.

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