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Lhyfe (LHYFF) Total Assets : $197.65 Mil (As of Jun. 2023)


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What is Lhyfe Total Assets?

Lhyfe's Total Assets for the quarter that ended in Jun. 2023 was $197.65 Mil.

During the past 12 months, Lhyfe's average Total Assets Growth Rate was 177.40% per year. During the past 3 years, the average Total Assets Growth Rate was 380.70% per year.

During the past 4 years, Lhyfe's highest 3-Year average Total Assets Growth Rate was 380.70%. The lowest was 380.70%. And the median was 380.70%.

Total Assets is connected with ROA %. Lhyfe's annualized ROA % for the quarter that ended in Jun. 2023 was -18.10%. Total Assets is also linked to Revenue through Asset Turnover. Lhyfe's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.


Lhyfe Total Assets Historical Data

The historical data trend for Lhyfe'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.

Lhyfe Total Assets Chart

Lhyfe Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Assets
9.26 11.84 70.69 182.96

Lhyfe Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Assets Get a 7-Day Free Trial - 70.69 195.75 182.96 197.65

Lhyfe 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.

Lhyfe's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=141.508+41.448
=182.96

Lhyfe's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=128.486+69.167
=197.65

* 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.


Lhyfe  (OTCPK:LHYFF) Total Assets Explanation

Total Assets is connected with ROA %.

Lhyfe's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=-34.436/( (182.957+197.653)/ 2 )
=-34.436/190.305
=-18.10 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) 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.

Lhyfe's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=0.419/( (182.957+197.653)/ 2 )
=0.419/190.305
=0.00

* 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.

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.

Lhyfe Total Assets Related Terms

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Lhyfe (LHYFF) Business Description

Traded in Other Exchanges
Address
30 Rue Jean Jaures, Nantes, FRA, 44000
Lhyfe SA is engaged in the production of green hydrogen for mobility and industry. The company designs, builds and exploits its green hydrogen production sites, which have the particularity of being directly connected to the various available renewable energy sources. The Group addresses two priority markets, which are among the emitters of greenhouse gases: the heavy mobility sector (trucks, buses, trains and in the long term, maritime and air transport) as well as (ii) the industry sector, among which chemistry (production of ammonia, methanol, etc.), steel production and glass production are priority targets.

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