Invinity Energy Systems (LSE:IES) Total Assets : £55.47 Mil (As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Invinity Energy Systems Total Assets?

Invinity Energy Systems's Total Assets for the quarter that ended in Jun. 2023 was £55.47 Mil.

During the past 12 months, Invinity Energy Systems's average Total Assets Growth Rate was 2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 50.00% per year.

During the past 5 years, Invinity Energy Systems's highest 3-Year average Total Assets Growth Rate was 50.00%. The lowest was 36.80%. And the median was 43.40%.

Total Assets is connected with ROA %. Invinity Energy Systems's annualized ROA % for the quarter that ended in Jun. 2023 was -49.10%. Total Assets is also linked to Revenue through Asset Turnover. Invinity Energy Systems's Asset Turnover for the quarter that ended in Jun. 2023 was 0.27.

Invinity Energy Systems Total Assets Historical Data

The historical data trend for Invinity Energy 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.

* Premium members only.

Invinity Energy Systems Total Assets Chart

Invinity Energy Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

19.08

15.44

50.15

66.64

53.09

Invinity Energy Systems Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial					47.49	66.64	57.55	53.09	55.47

Invinity Energy 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.

Invinity Energy Systems'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 )
	=	34.39	+	18.695
	=	53.09

Invinity Energy Systems'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 )
	=	43.249	+	12.219
	=	55.47

Invinity Energy Systems (LSE:IES) Total Assets Explanation

Total Assets is connected with ROA %.

Invinity Energy Systems'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 )
	=	-26.648	/	( (53.085	+	55.468)	/ 2 )
	=	-26.648	/	54.2765
	=	-49.10 %

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.

Invinity Energy Systems'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 )
=	14.812	/	( (53.085	+	55.468)	/ 2 )
=	14.812	/	54.2765
=	0.27

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.

Invinity Energy Systems Total Assets Related Terms

Thank you for viewing the detailed overview of Invinity Energy Systems's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Invinity Energy Systems (LSE:IES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Invinity Energy Systems PLC (LSE:IES) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

IESVF:USA IES.GB:UK J4Q5:Germany

Address

Castle Street, 3rd Floor, IFC5, St. Helier, JEY, JE2 3BY

Website

https://www.invinity.com

Invinity Energy Systems PLC operates in the manufacturing of vanadium flow battery systems and their related installation and other services. Its vanadium flow batteries are a form of heavy-duty, stationary energy storage, used in high-utilization applications such as being coupled with industrial-scale solar generation for distributed, low-carbon energy projects. The company's flow battery systems are ideal for commercial and industrial sites, grid network infrastructure projects, and off-grid applications, either standalone or alongside renewable energy such as solar PV. It generates the majority of its revenue from the sale of Battery systems and associated control systems. Its geographical segments are the United Kingdom, Asia, the United States, and Others.

Invinity Energy Systems (LSE:IES) Headlines

No Headlines