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Nano Nuclear Energy (Nano Nuclear Energy) Total Assets : $8.24 Mil (As of Dec. 2023)


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What is Nano Nuclear Energy Total Assets?

Nano Nuclear Energy's Total Assets for the quarter that ended in Dec. 2023 was $8.24 Mil.

During the past 12 months, Nano Nuclear Energy's average Total Assets Growth Rate was 140.20% per year.

Total Assets is connected with ROA %. Nano Nuclear Energy's annualized ROA % for the quarter that ended in Dec. 2023 was -67.92%. Total Assets is also linked to Revenue through Asset Turnover. Nano Nuclear Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Nano Nuclear Energy Total Assets Historical Data

The historical data trend for Nano Nuclear Energy'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.

Nano Nuclear Energy Total Assets Chart

Nano Nuclear Energy Annual Data
Trend Sep22 Sep23
Total Assets
2.25 7.23

Nano Nuclear Energy Quarterly Data
Sep22 Dec22 Sep23 Dec23
Total Assets 2.25 - 7.23 8.24

Nano Nuclear Energy 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.

Nano Nuclear Energy's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=7.009+0.225
=7.23

Nano Nuclear Energy'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 )
=7.801+0.443
=8.24

* 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.


Nano Nuclear Energy  (NAS:NNE) Total Assets Explanation

Total Assets is connected with ROA %.

Nano Nuclear Energy's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-5.256/( (7.234+8.244)/ 2 )
=-5.256/7.739
=-67.92 %

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

Nano Nuclear Energy's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (7.234+8.244)/ 2 )
=0/7.739
=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.

Nano Nuclear Energy Total Assets Related Terms

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Nano Nuclear Energy (Nano Nuclear Energy) Business Description

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Traded in Other Exchanges
N/A
Address
10 Times Square, 30th Floor, New York, NY, USA, 10018
Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.

Nano Nuclear Energy (Nano Nuclear Energy) Headlines

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