KWE (KWESST Micro Systems) Total Assets : $5.66 Mil (As of Dec. 2024)

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What is KWESST Micro Systems Total Assets?

KWESST Micro Systems's Total Assets for the quarter that ended in Dec. 2024 was $5.66 Mil.

During the past 12 months, KWESST Micro Systems's average Total Assets Growth Rate was -21.40% per year. During the past 3 years, the average Total Assets Growth Rate was -3.90% per year.

During the past 4 years, KWESST Micro Systems's highest 3-Year average Total Assets Growth Rate was -3.90%. The lowest was -3.90%. And the median was -3.90%.

Total Assets is connected with ROA %. KWESST Micro Systems's annualized ROA % for the quarter that ended in Dec. 2024 was -197.82%. Total Assets is also linked to Revenue through Asset Turnover. KWESST Micro Systems's Asset Turnover for the quarter that ended in Dec. 2024 was 0.13.

KWESST Micro Systems Total Assets Historical Data

The historical data trend for KWESST Micro Systems'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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KWESST Micro Systems Total Assets Chart

KWESST Micro Systems Annual Data

Trend

Sep21

Sep22

Sep23

Sep24

Total Assets

6.88

5.49

8.69

4.15

KWESST Micro Systems 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															6.79	4.82	4.92	4.15	5.66

KWESST Micro Systems 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.

KWESST Micro Systems's Total Assets for the fiscal year that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (A: Sep. 2024 )	+	Total Liabilities (A: Sep. 2024 )
	=	1.01	+	3.137
	=	4.15

KWESST Micro Systems'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 )
	=	3.519	+	2.146
	=	5.67

KWESST Micro Systems (NAS:KWE) Total Assets Explanation

Total Assets is connected with ROA %.

KWESST Micro Systems'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 )
	=	-9.704	/	( (4.147	+	5.664)	/ 2 )
	=	-9.704	/	4.9055
	=	-197.82 %

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.

KWESST Micro Systems'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 )
=	0.623	/	( (4.147	+	5.664)	/ 2 )
=	0.623	/	4.9055
=	0.13

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.

KWESST Micro Systems Total Assets Related Terms

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KWESST Micro Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » KWESST Micro Systems Inc (NAS:KWE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

62U:Germany KWE:Canada

Address

155 Terence Matthews Crescent, Unit No. 1, Kanata, Ottawa, ON, CAN, K2M 2A8

Website

https://www.kwesst.com

KWESST Micro Systems Inc develops and commercializes next-generation tactical systems. The company offers breakthrough technology in lethal and non-lethal systems with broad application, including law enforcement and personal defence, modernized digitization of tactical forces for shared situational awareness and targeting, and counter-measures against threats such as drones, lasers and electronic detection.