HPSIF (Hybrid Power Solutions) Total Assets : $2.43 Mil (As of Aug. 2024)

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What is Hybrid Power Solutions Total Assets?

Hybrid Power Solutions's Total Assets for the quarter that ended in Aug. 2024 was $2.43 Mil.

During the past 12 months, Hybrid Power Solutions's average Total Assets Growth Rate was 11.90% per year. During the past 3 years, the average Total Assets Growth Rate was 90.30% per year.

During the past 4 years, Hybrid Power Solutions's highest 3-Year average Total Assets Growth Rate was 90.30%. The lowest was 90.30%. And the median was 90.30%.

Total Assets is connected with ROA %. Hybrid Power Solutions's annualized ROA % for the quarter that ended in Aug. 2024 was -128.99%. Total Assets is also linked to Revenue through Asset Turnover. Hybrid Power Solutions's Asset Turnover for the quarter that ended in Aug. 2024 was 0.30.

Hybrid Power Solutions Total Assets Historical Data

The historical data trend for Hybrid Power Solutions'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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Hybrid Power Solutions Total Assets Chart

Hybrid Power Solutions Annual Data

Trend

May21

May22

May23

May24

Total Assets

0.40

1.08

2.07

2.67

Hybrid Power Solutions Quarterly Data
	May21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Assets	Get a 7-Day Free Trial							2.24	2.20	3.47	2.67	2.43

Hybrid Power Solutions 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.

Hybrid Power Solutions's Total Assets for the fiscal year that ended in May. 2024 is calculated as

Total Assets	=	Total Equity (A: May. 2024 )	+	Total Liabilities (A: May. 2024 )
	=	0.307	+	2.363
	=	2.67

Hybrid Power Solutions's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2024 )	+	Total Liabilities (Q: Aug. 2024 )
	=	0.226	+	2.203
	=	2.43

Hybrid Power Solutions (OTCPK:HPSIF) Total Assets Explanation

Total Assets is connected with ROA %.

Hybrid Power Solutions's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %	=	Net Income (Q: Aug. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
	=	-3.288	/	( (2.669	+	2.429)	/ 2 )
	=	-3.288	/	2.549
	=	-128.99 %

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

Hybrid Power Solutions's Asset Turnover for the quarter that ended in Aug. 2024 is

	Asset Turnover
=	Revenue (Q: Aug. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
=	0.761	/	( (2.669	+	2.429)	/ 2 )
=	0.761	/	2.549
=	0.30

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.

Hybrid Power Solutions Total Assets Related Terms

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Hybrid Power Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hybrid Power Solutions Inc (OTCPK:HPSIF) » Definitions » Total Assets

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Traded in Other Exchanges

E092:Germany HPSS:Canada

Address

333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1

Website

https://www.hybridps.ca

Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada; Revenue is generated in three geographical markets, being Canada, United States and Netherlands.