Maris Tech (Maris Tech) Total Assets : $11.33 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Maris Tech Total Assets?

Maris Tech's Total Assets for the quarter that ended in Dec. 2023 was $11.33 Mil.

During the past 12 months, Maris Tech's average Total Assets Growth Rate was 51.20% per year. During the past 3 years, the average Total Assets Growth Rate was 124.30% per year.

During the past 5 years, Maris Tech's highest 3-Year average Total Assets Growth Rate was 124.30%. The lowest was 75.90%. And the median was 100.10%.

Total Assets is connected with ROA %. Maris Tech's annualized ROA % for the quarter that ended in Dec. 2023 was -8.08%. Total Assets is also linked to Revenue through Asset Turnover. Maris Tech's Asset Turnover for the quarter that ended in Dec. 2023 was 0.32.

Maris Tech Total Assets Historical Data

The historical data trend for Maris Tech'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.

Maris Tech Total Assets Chart

Maris Tech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

0.75

0.57

2.04

13.36

11.33

Maris Tech Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial				2.04	14.10	13.36	10.74	11.33

Maris Tech 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.

Maris Tech's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	6.894	+	4.439
	=	11.33

Maris Tech's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	6.894	+	4.439
	=	11.33

Maris Tech (NAS:MTEK) Total Assets Explanation

Total Assets is connected with ROA %.

Maris Tech's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.892	/	( (10.737	+	11.334)	/ 2 )
	=	-0.892	/	11.0355
	=	-8.08 %

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

Maris Tech's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	3.557	/	( (10.737	+	11.334)	/ 2 )
=	3.557	/	11.0355
=	0.32

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.

Maris Tech Total Assets Related Terms

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

Maris Tech (Maris Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maris Tech Ltd (NAS:MTEK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Yitzhak Modai Street, Rehovot, ISR, 7608804

Website

https://www.maris-tech.com

Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.