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Zefiro Methane (NEOE:ZEFI) Total Assets : C$35.08 Mil (As of Dec. 2024)


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What is Zefiro Methane Total Assets?

Zefiro Methane's Total Assets for the quarter that ended in Dec. 2024 was C$35.08 Mil.

During the past 12 months, Zefiro Methane's average Total Assets Growth Rate was 3.80% per year.

Total Assets is connected with ROA %. Zefiro Methane's annualized ROA % for the quarter that ended in Dec. 2024 was -68.18%. Total Assets is also linked to Revenue through Asset Turnover. Zefiro Methane's Asset Turnover for the quarter that ended in Dec. 2024 was 0.29.


Zefiro Methane Total Assets Historical Data

The historical data trend for Zefiro Methane'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.

Zefiro Methane Total Assets Chart

Zefiro Methane Annual Data
Trend Jun22 Jun23 Jun24
Total Assets
1.31 30.80 39.71

Zefiro Methane Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.71 36.85 39.71 39.40 35.08

Zefiro Methane 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.

Zefiro Methane's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=11.9+27.805
=39.71

Zefiro Methane'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 )
=7.679+27.404
=35.08

* 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.


Zefiro Methane  (NEOE:ZEFI) Total Assets Explanation

Total Assets is connected with ROA %.

Zefiro Methane'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 )
=-25.392/( (39.403+35.082)/ 2 )
=-25.392/37.2425
=-68.18 %

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.

Zefiro Methane'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 )
=10.66/( (39.403+35.082)/ 2 )
=10.66/37.2425
=0.29

* 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.

Zefiro Methane Total Assets Related Terms

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Zefiro Methane Business Description

Traded in Other Exchanges
Address
2501 - 550 Burrard Street, Vancouver, BC, CAN, V6C 2B5
Zefiro Methane Corp provides end-of-life solutions for industrial oil and gas operations that emit harmful greenhouse gas (GHG) emissions, specifically methane released from orphaned and abandoned oil and gas wells or associated midstream assets. It generates carbon credits, which can then be sold into carbon credit markets, by reducing methane emissions through the plugging of orphaned and abandoned oil and gas wells. Its services include methane testing, quantification, and monitoring, asset retirement and methane abatement, and carbon offset generation among others. It has a single segment, being the provider of a range of turnkey solutions to plug onshore oil and gas wells across the Appalachian Basin. It operates in the United States which generates all of its revenue, and Canada.
Executives
Talal Debs Director, Senior Officer
Nan (jonson) Sun Director
X Machina Sustainable Technologies Inc 10% Security Holder

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