MAXQF (Maritime Launch Services) Total Assets : $9.90 Mil (As of Dec. 2024)

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What is Maritime Launch Services Total Assets?

Maritime Launch Services's Total Assets for the quarter that ended in Dec. 2024 was $9.90 Mil.

During the past 12 months, Maritime Launch Services's average Total Assets Growth Rate was 8.40% per year. During the past 3 years, the average Total Assets Growth Rate was 814.80% per year.

During the past 6 years, Maritime Launch Services's highest 3-Year average Total Assets Growth Rate was 814.80%. The lowest was 622.10%. And the median was 718.45%.

Total Assets is connected with ROA %. Maritime Launch Services's annualized ROA % for the quarter that ended in Dec. 2024 was -91.20%. Total Assets is also linked to Revenue through Asset Turnover. Maritime Launch Services's Asset Turnover for the quarter that ended in Dec. 2024 was -0.00.

Maritime Launch Services Total Assets Historical Data

The historical data trend for Maritime Launch Services'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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Maritime Launch Services Total Assets Chart

Maritime Launch Services Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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0.01

9.27

8.56

10.74

9.90

Maritime Launch Services Quarterly Data
	Dec19	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														10.74	10.46	10.12	10.29	9.90

Maritime Launch Services 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.

Maritime Launch Services's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	-2.323	+	12.224
	=	9.90

Maritime Launch Services'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 )
	=	-2.323	+	12.224
	=	9.90

Maritime Launch Services (OTCPK:MAXQF) Total Assets Explanation

Total Assets is connected with ROA %.

Maritime Launch Services'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 )
	=	-9.208	/	( (10.291	+	9.901)	/ 2 )
	=	-9.208	/	10.096
	=	-91.20 %

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.

Maritime Launch Services'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 )
=	-0.034	/	( (10.291	+	9.901)	/ 2 )
=	-0.034	/	10.096
=	-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.

Maritime Launch Services Total Assets Related Terms

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Maritime Launch Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Maritime Launch Services Inc (OTCPK:MAXQF) » Definitions » Total Assets

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MAXQ:Canada

Address

1883 Upper Water Street, Suite 303, Halifax, NS, CAN, B3J 1S9

Website

https://www.maritimelaunch.com

Maritime Launch Services Inc is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry.

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