ITMPF (ITM Power) Total Assets : $462.60 Mil (As of Oct. 2024)

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What is ITM Power Total Assets?

ITM Power's Total Assets for the quarter that ended in Oct. 2024 was $462.60 Mil.

Warning Sign:

If a company builds assets at 34.1% a year, faster than its revenue growth rate of 11.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, ITM Power's average Total Assets Growth Rate was 1.60% per year. During the past 3 years, the average Total Assets Growth Rate was 41.90% per year. During the past 5 years, the average Total Assets Growth Rate was 34.10% per year. During the past 10 years, the average Total Assets Growth Rate was 42.00% per year.

During the past 13 years, ITM Power's highest 3-Year average Total Assets Growth Rate was 190.70%. The lowest was -0.10%. And the median was 38.85%.

Total Assets is connected with ROA %. ITM Power's annualized ROA % for the quarter that ended in Oct. 2024 was -16.00%. Total Assets is also linked to Revenue through Asset Turnover. ITM Power's Asset Turnover for the quarter that ended in Oct. 2024 was 0.04.

ITM Power Total Assets Historical Data

The historical data trend for ITM Power'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.

ITM Power Total Assets Chart

ITM Power Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Total Assets

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103.32

317.27

592.71

501.02

477.82

ITM Power Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Total Assets	Get a 7-Day Free Trial															493.98	501.02	490.93	477.82	462.60

ITM Power 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.

ITM Power's Total Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Assets	=	Total Equity (A: Apr. 2024 )	+	Total Liabilities (A: Apr. 2024 )
	=	336.318	+	141.506
	=	477.82

ITM Power's Total Assets for the quarter that ended in Oct. 2024 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2024 )	+	Total Liabilities (Q: Oct. 2024 )
	=	313.189	+	149.405
	=	462.59

ITM Power (OTCPK:ITMPF) Total Assets Explanation

Total Assets is connected with ROA %.

ITM Power's annualized ROA % for the quarter that ended in Oct. 2024 is

ROA %	=	Net Income (Q: Oct. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Oct. 2024 ))	/ count )
	=	-75.254	/	( (477.824	+	462.595)	/ 2 )
	=	-75.254	/	470.2095
	=	-16.00 %

Note: The Net Income data used here is two times the semi-annual (Oct. 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.

ITM Power's Asset Turnover for the quarter that ended in Oct. 2024 is

	Asset Turnover
=	Revenue (Q: Oct. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Oct. 2024 ))	/ count )
=	20.253	/	( (477.824	+	462.595)	/ 2 )
=	20.253	/	470.2095
=	0.04

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.

ITM Power Total Assets Related Terms

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ITM Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITM Power PLC (OTCPK:ITMPF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ITM.GB:UK ITM:UK IJ8:Germany

Address

2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ

Website

https://www.itm-power.com

ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.