Odyssey Semiconductor Technologies (Odyssey Semiconductor Technologies) Total Assets : $1.43 Mil (As of Dec. 2023)

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What is Odyssey Semiconductor Technologies Total Assets?

Odyssey Semiconductor Technologies's Total Assets for the quarter that ended in Dec. 2023 was $1.43 Mil.

During the past 12 months, Odyssey Semiconductor Technologies's average Total Assets Growth Rate was -21.00% per year. During the past 5 years, the average Total Assets Growth Rate was 20.80% per year.

During the past 6 years, Odyssey Semiconductor Technologies's highest 3-Year average Total Assets Growth Rate was 42.80%. The lowest was 8.20%. And the median was 25.50%.

Total Assets is connected with ROA %. Odyssey Semiconductor Technologies's annualized ROA % for the quarter that ended in Dec. 2023 was -205.76%. Total Assets is also linked to Revenue through Asset Turnover. Odyssey Semiconductor Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Odyssey Semiconductor Technologies Total Assets Historical Data

The historical data trend for Odyssey Semiconductor Technologies'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.

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Odyssey Semiconductor Technologies Total Assets Chart

Odyssey Semiconductor Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2.08

1.65

3.79

4.17

1.43

Odyssey Semiconductor Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															4.17	3.21	2.25	1.74	1.43

Odyssey Semiconductor Technologies 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.

Odyssey Semiconductor Technologies'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 )
	=	-5.331	+	6.757
	=	1.43

Odyssey Semiconductor Technologies'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 )
	=	-5.331	+	6.757
	=	1.43

Odyssey Semiconductor Technologies (OTCPK:ODII) Total Assets Explanation

Total Assets is connected with ROA %.

Odyssey Semiconductor Technologies'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 )
	=	-3.252	/	( (1.735	+	1.426)	/ 2 )
	=	-3.252	/	1.5805
	=	-205.76 %

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.

Odyssey Semiconductor Technologies'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 )
=	0.09	/	( (1.735	+	1.426)	/ 2 )
=	0.09	/	1.5805
=	0.06

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.

Odyssey Semiconductor Technologies Total Assets Related Terms

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Odyssey Semiconductor Technologies (Odyssey Semiconductor Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Odyssey Semiconductor Technologies Inc (OTCPK:ODII) » Definitions » Total Assets

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Address

9 Brown Road, Ithaca, NY, USA, 14850

Website

https://www.odysseysemi.com

Odyssey Semiconductor Technologies Inc is a semiconductor device company developing revolutionary high-voltage power switching components and systems based on proprietary Gallium Nitride (GaN) processing technology. The company's GaN processing technology allows for the realization of vertical current conduction GaN devices which extends application voltages from 1,000 V to over 10,000V, allowing GaN power switching devices to extend well beyond the consumer electronics application space and into more demanding applications such as electric vehicles, industrial motor control, and energy grid applications.