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Delta CleanTech (STU:66C) Total Assets : €2.15 Mil (As of Sep. 2024)


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What is Delta CleanTech Total Assets?

Delta CleanTech's Total Assets for the quarter that ended in Sep. 2024 was €2.15 Mil.

During the past 12 months, Delta CleanTech's average Total Assets Growth Rate was -10.90% per year.

Total Assets is connected with ROA %. Delta CleanTech's annualized ROA % for the quarter that ended in Sep. 2024 was -34.15%. Total Assets is also linked to Revenue through Asset Turnover. Delta CleanTech's Asset Turnover for the quarter that ended in Sep. 2024 was 0.10.


Delta CleanTech Total Assets Historical Data

The historical data trend for Delta CleanTech'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.

Delta CleanTech Total Assets Chart

Delta CleanTech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
- 5.21 3.76 2.26

Delta CleanTech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.73 2.26 2.49 2.09 2.15

Delta CleanTech 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.

Delta CleanTech'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 )
=2.004+0.253
=2.26

Delta CleanTech'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 )
=1.22+0.927
=2.15

* 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.


Delta CleanTech  (STU:66C) Total Assets Explanation

Total Assets is connected with ROA %.

Delta CleanTech'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 )
=-0.724/( (2.094+2.146)/ 2 )
=-0.724/2.12
=-34.15 %

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.

Delta CleanTech'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 )
=0.217/( (2.094+2.146)/ 2 )
=0.217/2.12
=0.10

* 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.

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.

Delta CleanTech Total Assets Related Terms

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Delta CleanTech Business Description

Traded in Other Exchanges
Address
2308 Palisade Drive S.W., Calgary, AB, CAN, T2V 3V1
Delta CleanTech Inc is a clean energy tech business. It is dedicated to providing clean technology solutions that address the environmental and social governance needs of corporations. The principal activity of Delta consists of CO2 capture, hydrogen production, solvent and ethanol purification, methane collection and destruction, and carbon credit certification and trading. The company operates in Canada which is also its key revenue generating market, Kazakhstan, and China.

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