POET (POET Technologies) Total Assets : $69.65 Mil (As of Dec. 2024)

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What is POET Technologies Total Assets?

POET Technologies's Total Assets for the quarter that ended in Dec. 2024 was $69.65 Mil.

During the past 12 months, POET Technologies's average Total Assets Growth Rate was 192.00% per year. During the past 3 years, the average Total Assets Growth Rate was 44.50% per year. During the past 5 years, the average Total Assets Growth Rate was -1.60% per year. During the past 10 years, the average Total Assets Growth Rate was 9.70% per year.

During the past 13 years, POET Technologies's highest 3-Year average Total Assets Growth Rate was 233.50%. The lowest was -56.30%. And the median was 19.80%.

Total Assets is connected with ROA %. POET Technologies's annualized ROA % for the quarter that ended in Dec. 2024 was -201.45%. Total Assets is also linked to Revenue through Asset Turnover. POET Technologies's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

POET Technologies Total Assets Historical Data

The historical data trend for POET 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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POET Technologies Total Assets Chart

POET Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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11.64

27.15

15.39

8.78

69.65

POET Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															8.78	8.85	28.31	50.51	69.65

POET 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.

POET Technologies'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 )
	=	20.689	+	48.964
	=	69.65

POET Technologies'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 )
	=	20.689	+	48.964
	=	69.65

POET Technologies (NAS:POET) Total Assets Explanation

Total Assets is connected with ROA %.

POET Technologies'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 )
	=	-121.036	/	( (50.514	+	69.652)	/ 2 )
	=	-121.036	/	60.083
	=	-201.45 %

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.

POET Technologies'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 )
=	0.029	/	( (50.514	+	69.652)	/ 2 )
=	0.029	/	60.083
=	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.

POET Technologies Total Assets Related Terms

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POET Technologies Business Description

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RI4A:Germany RI4A:Germany PTK:Canada

Address

120 Eglinton Avenue East, Suite 1107, Toronto, ON, CAN, M4P 1E2

Website

https://www.poet-technologies.com

POET Technologies Inc is a design and development company offering high-speed optical engines, light source products, and custom optical modules to the artificial intelligence systems market and hyperscale data centers. Its integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. POET's Optical Interposer platform also solves device integration challenges across a broad range of communication, computing, and sensing applications. The group's operations are located in Allentown, PA, Shenzhen, China, and Singapore.