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STI (Solidion Technology) Total Assets : $6.10 Mil (As of Sep. 2024)


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What is Solidion Technology Total Assets?

Solidion Technology's Total Assets for the quarter that ended in Sep. 2024 was $6.10 Mil.

Total Assets is connected with ROA %. Solidion Technology's annualized ROA % for the quarter that ended in Sep. 2024 was -420.03%. Total Assets is also linked to Revenue through Asset Turnover. Solidion Technology's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.


Solidion Technology Total Assets Historical Data

The historical data trend for Solidion Technology'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.

Solidion Technology Total Assets Chart

Solidion Technology Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
6.71 128.58 71.35

Solidion Technology Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only - 71.35 8.50 6.54 6.10

Solidion Technology 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.

Solidion Technology'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 )
=-28.533+99.879
=71.35

Solidion Technology's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-18.787+24.887
=6.10

* 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.


Solidion Technology  (NAS:STI) Total Assets Explanation

Total Assets is connected with ROA %.

Solidion Technology's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-26.548/( (6.54+6.101)/ 2 )
=-26.548/6.3205
=-420.03 %

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

Solidion Technology's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (6.54+6.101)/ 2 )
=0/6.3205
=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.

Solidion Technology Total Assets Related Terms

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Solidion Technology Business Description

Traded in Other Exchanges
N/A
Address
13355 Noel Road, Suite 1100, Dallas, TX, USA, 75240
Solidion Technology Inc is engaged in researching, developing and manufacturing battery materials and components, as well as the development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation. It is recognized as a global IP leader in both the high-capacity anode and the high-energy solid-state battery.