GWTI (Greenway Technologies) Total Assets : $0.02 Mil (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Greenway Technologies Total Assets?

Greenway Technologies's Total Assets for the quarter that ended in Dec. 2024 was $0.02 Mil.

During the past 13 years, Greenway Technologies's highest 3-Year average Total Assets Growth Rate was 179.10%. The lowest was -92.30%. And the median was -60.40%.

Total Assets is connected with ROA %. Greenway Technologies's annualized ROA % for the quarter that ended in Dec. 2024 was -2,435.56%. Total Assets is also linked to Revenue through Asset Turnover. Greenway Technologies's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Greenway Technologies Total Assets Historical Data

The historical data trend for Greenway 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.

* Premium members only.

Greenway Technologies Total Assets Chart

Greenway Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

Get a 7-Day Free Trial

0.01

0.06

0.03

0.02

Greenway Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															-	-	-	0.12	0.02

Greenway 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.

Greenway Technologies's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	-13.006	+	13.027
	=	0.02

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

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	-13.006	+	13.027
	=	0.02

Greenway Technologies (OTCPK:GWTI) Total Assets Explanation

Total Assets is connected with ROA %.

Greenway Technologies's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-1.644	/	( (0.115	+	0.02)	/ 2 )
	=	-1.644	/	0.0675
	=	-2,435.56 %

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

Greenway Technologies's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0	/	( (0.115	+	0.02)	/ 2 )
=	0	/	0.0675
=	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.

Greenway Technologies Total Assets Related Terms

Thank you for viewing the detailed overview of Greenway Technologies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Greenway Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Greenway Technologies Inc (OTCPK:GWTI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1521 North Cooper Street, Suite 205, Arlington, TX, USA, 76011

Website

https://www.gwtechinc.com

Greenway Technologies Inc is engaged in the research and development of proprietary gas-to-liquids (GTL) synthesis gas (Syngas) conversion systems. It uses its component G-Reformer unit to convert natural gas into syngas. The company is at the development stage and plans to produce renewable GTL synthesized diesel and jet fuels in the United States.

Executives

Paul R. Alfano	director	21 BARCHAN DUNE RISE, VICTOR NY 14546
Robert Kevin Jones	director	892 MEADOW HILL RD, FT. WORTH TX 76108
David Patrick Six	director, officer: President	8704 EAGLEVIEW CT, FORT WORTH TX 76179
John William Olynick	officer: President	35 LOUVAIN STREET, FAIRFIELD CT 06825
Peter J. Hauser	director	1208 SHADY CREEK ROAD, MARRIOTTSVILLE MD 21104-1447
Kenton James Harer	director	4109 MAPLERIDGE DRIVE, GRAPEVINE TX 76051
Raymond Wright	director, officer: SECRETARY	6628 BRYANT IRVIN ROAD, SUITE 250, FORT WORTH TX 76132
Ransom Bert Jones	director, officer: President and CFO	10608 CAMELOT DRIVE, FRISCO TX 75035
Randy Moseley	director, 10 percent owner, officer: CFO - CHAIRMAN
Richard Halden	director, 10 percent owner, officer: President	6628 BRYANT IRVIN ROAD, SUITE 250, FORT WORTH TX 76132
T Craig Takacs	director	6628 BRYANT IRVIN ROAD, SUITE 250, FORT WORTH TX 76132
Kevin Bentley	director, 10 percent owner, officer: CEO	6628 BRYANT IRVIN ROAD, SUITE 250, FORT WORTH TX 76132