Kernel Group Holdings (Kernel Group Holdings) Total Assets : $5.66 Mil (As of Mar. 2024)

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What is Kernel Group Holdings Total Assets?

Kernel Group Holdings's Total Assets for the quarter that ended in Mar. 2024 was $5.66 Mil.

During the past 12 months, Kernel Group Holdings's average Total Assets Growth Rate was -92.80% per year. During the past 3 years, the average Total Assets Growth Rate was 489.60% per year.

During the past 4 years, Kernel Group Holdings's highest 3-Year average Total Assets Growth Rate was 489.60%. The lowest was 489.60%. And the median was 489.60%.

Total Assets is connected with ROA %. Kernel Group Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -8.94%. Total Assets is also linked to Revenue through Asset Turnover. Kernel Group Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Kernel Group Holdings Total Assets Historical Data

The historical data trend for Kernel Group Holdings'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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Kernel Group Holdings Total Assets Chart

Kernel Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

0.33

305.69

309.37

67.85

Kernel Group Holdings Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial									78.84	79.35	66.68	67.85	5.66

Kernel Group Holdings 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.

Kernel Group Holdings'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 )
	=	59.518	+	8.33
	=	67.85

Kernel Group Holdings'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 )
	=	-3.801	+	9.457
	=	5.66

Kernel Group Holdings (NAS:KRNLW) Total Assets Explanation

Total Assets is connected with ROA %.

Kernel Group Holdings'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 )
	=	-3.284	/	( (67.848	+	5.656)	/ 2 )
	=	-3.284	/	36.752
	=	-8.94 %

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.

Kernel Group Holdings'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 )
=	0	/	( (67.848	+	5.656)	/ 2 )
=	0	/	36.752
=	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.

Kernel Group Holdings Total Assets Related Terms

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