MEIL (Methes Energies International) Total Assets: $7.08 Mil (As of Aug. 2023)


What is Methes Energies International Total Assets?

Methes Energies International MEIL Total Assets is $7.08 Mil as of Aug. 2023.

Methes Energies International's Total Assets for the quarter that ended in Aug. 2023 was $7.08 Mil.

Total Assets is connected with ROA %. Methes Energies International's annualized ROA % for the quarter that ended in Aug. 2023 was -3.56%. Total Assets is also linked to Revenue through Asset Turnover. Methes Energies International's Asset Turnover for the quarter that ended in Aug. 2023 was 0.00.

Methes Energies International  (OTCPK:MEIL) Total Assets Explanation

Total Assets is connected with ROA %.

Methes Energies International's annualized ROA % for the quarter that ended in Aug. 2023 is

ROA %=Net Income (Q: Aug. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=-0.252/( (7.079+7.078)/ 2 )
=-0.252/7.0785
=-3.56 %

Note: The Net Income data used here is four times the quarterly (Aug. 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.

Methes Energies International's Asset Turnover for the quarter that ended in Aug. 2023 is

Asset Turnover
=Revenue (Q: Aug. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=0/( (7.079+7.078)/ 2 )
=0/7.0785
=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.

Methes Energies International Total Assets Related Terms

Methes Energies International Total Assets Historical Data

* Premium members only.

The historical data trend for Methes Energies International'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.

Methes Energies International Total Assets Chart

Methes Energies International Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14
Total Assets
3.77 8.25 10.69 10.87 9.00

Methes Energies International Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Aug22 May23 Aug23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.73 8.48 0.00 7.08 7.08

Methes Energies International 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.

Methes Energies International's Total Assets for the fiscal year that ended in Nov. 2014 is calculated as

Total Assets=Total Equity (A: Nov. 2014 )+Total Liabilities (A: Nov. 2014 )
=4.139+4.864
=9.00

Methes Energies International's Total Assets for the quarter that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (Q: Aug. 2023 )+Total Liabilities (Q: Aug. 2023 )
=5.733+1.345
=7.08

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $7.08 Mil mean?
Methes Energies International (MEIL) has a Total Assets of $7.08 Mil as of Aug. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Methes Energies International and its competitors.
Is Methes Energies International's Total Assets too high?
Methes Energies International's current Total Assets is $7.08 Mil.
How does Methes Energies International's Total Assets compare to PARG and WWSG?
Methes Energies International's Total Assets of $7.08 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Methes Energies International and its competitors. Methes Energies International's current Total Assets is $7.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methes Energies International stock overvalued right now?
Methes Energies International (MEIL) has a current Total Assets of $7.08 Mil. The current Total Assets is $7.08 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Methes Energies International (MEIL), the current Total Assets is $7.08 Mil as of Aug. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Methes Energies International Business Description

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747
Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.