Nxu (NXU) Total Assets : $8.48 Mil (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Nxu Total Assets?

Nxu's Total Assets for the quarter that ended in Dec. 2024 was $8.48 Mil.

During the past 12 months, Nxu's average Total Assets Growth Rate was -44.20% per year. During the past 3 years, the average Total Assets Growth Rate was 58.20% per year.

During the past 4 years, Nxu's highest 3-Year average Total Assets Growth Rate was 58.20%. The lowest was 58.20%. And the median was 58.20%.

Total Assets is connected with ROA %. Nxu's annualized ROA % for the quarter that ended in Dec. 2024 was -268.35%. Total Assets is also linked to Revenue through Asset Turnover. Nxu's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Nxu Total Assets Historical Data

The historical data trend for Nxu'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.

Nxu Total Assets Chart

Nxu Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Total Assets

4.61

7.04

13.26

8.48

Nxu Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial								13.26	21.56	14.11	8.44	8.48

Nxu 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.

Nxu'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 )
	=	6.032	+	2.446
	=	8.48

Nxu'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 )
	=	6.032	+	2.446
	=	8.48

Nxu (NAS:NXU) Total Assets Explanation

Total Assets is connected with ROA %.

Nxu'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 )
	=	-22.7	/	( (8.44	+	8.478)	/ 2 )
	=	-22.7	/	8.459
	=	-268.35 %

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.

Nxu'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 )
=	0.001	/	( (8.44	+	8.478)	/ 2 )
=	0.001	/	8.459
=	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.

Nxu Total Assets Related Terms

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

Nxu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nxu Inc (NAS:NXU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1828 N Higley Road, Suite 116, Mesa, AZ, USA, 85205

Website

https://www.nxuenergy.com

Nxu Inc is a technology company developing next-generation electric vehicle (EV) charging, battery, and vehicle technologies for mobility customers. Its technology company building energy and infrastructure solutions for consumers and businesses. Its NxuOne charging technology provides repeatable, consistent power delivery, designed to meet the needs of today's electric vehicles as well as those developed in the future.

Executives

Annie Pratt	director, 10 percent owner, officer: President	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Jessica Billingsley	director	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Britt E Ide	director	345 BOBWHITE COURT, SUITE 200, BOISE ID 83706
Gem Global Yield Llc Scs	10 percent owner	12C, RUE GUILLAUME J. KROLL, LUXEMBOURG N4 L-1882
Apoorv Dwivedi	officer: Chief Financial Officer	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Mark Hanchett	director, 10 percent owner, officer: Chief Executive Officer	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Caryn M. Nightengale	director	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Kate Sieker	officer: VP of People	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Bourgeois Benoit Le	officer: VP of User Experience	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Charles David Apps	officer: VP of Operations	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205