PSYTF (Pason Systems) Total Assets : $431.4 Mil (As of Dec. 2024)

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What is Pason Systems Total Assets?

Pason Systems's Total Assets for the quarter that ended in Dec. 2024 was $431.4 Mil.

During the past 12 months, Pason Systems's average Total Assets Growth Rate was 68.90% per year. During the past 3 years, the average Total Assets Growth Rate was 34.00% per year. During the past 5 years, the average Total Assets Growth Rate was 14.60% per year. During the past 10 years, the average Total Assets Growth Rate was 0.60% per year.

During the past 13 years, Pason Systems's highest 3-Year average Total Assets Growth Rate was 85.20%. The lowest was -16.90%. And the median was 7.40%.

Total Assets is connected with ROA %. Pason Systems's annualized ROA % for the quarter that ended in Dec. 2024 was 10.99%. Total Assets is also linked to Revenue through Asset Turnover. Pason Systems's Asset Turnover for the quarter that ended in Dec. 2024 was 0.17.

Pason Systems Total Assets Historical Data

The historical data trend for Pason Systems'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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Pason Systems Total Assets Chart

Pason Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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282.16

296.83

345.92

363.65

431.40

Pason Systems 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															363.65	432.81	423.98	433.23	431.40

Pason Systems 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.

Pason Systems'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 )
	=	347.914	+	83.484
	=	431.4

Pason Systems'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 )
	=	347.914	+	83.484
	=	431.4

Pason Systems (OTCPK:PSYTF) Total Assets Explanation

Total Assets is connected with ROA %.

Pason Systems'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 )
	=	47.524	/	( (433.233	+	431.397)	/ 2 )
	=	47.524	/	432.315
	=	10.99 %

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.

Pason Systems'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 )
=	75.545	/	( (433.233	+	431.397)	/ 2 )
=	75.545	/	432.315
=	0.17

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.

Pason Systems Total Assets Related Terms

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Pason Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pason Systems Inc (OTCPK:PSYTF) » Definitions » Total Assets

Comparable Companies

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3PS:Germany PSI:Canada

Address

6130 Third Street South East, Calgary, AB, CAN, T2H 1K4

Website

https://www.pason.com

Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on three strategic business units: The North American (Canada and the United States) and International (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.