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TOGI (TurnOnGreen) Total Assets : $3.76 Mil (As of Sep. 2024)


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What is TurnOnGreen Total Assets?

TurnOnGreen's Total Assets for the quarter that ended in Sep. 2024 was $3.76 Mil.

During the past 12 months, TurnOnGreen's average Total Assets Growth Rate was -27.70% per year. During the past 3 years, the average Total Assets Growth Rate was 516.90% per year.

During the past 8 years, TurnOnGreen's highest 3-Year average Total Assets Growth Rate was 714.20%. The lowest was 1.70%. And the median was 516.90%.

Total Assets is connected with ROA %. TurnOnGreen's annualized ROA % for the quarter that ended in Sep. 2024 was -68.62%. Total Assets is also linked to Revenue through Asset Turnover. TurnOnGreen's Asset Turnover for the quarter that ended in Sep. 2024 was 0.34.

TurnOnGreen Total Assets Historical Data

The historical data trend for TurnOnGreen'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.

TurnOnGreen Total Assets Chart

TurnOnGreen Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 0.03 0.05 4.43 6.65 4.72

TurnOnGreen Quarterly Data
Dec08 Mar09 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.18 4.72 4.23 3.94 3.76

TurnOnGreen 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.

TurnOnGreen'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 )
=-29.426+34.143
=4.72

TurnOnGreen'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 )
=-28.952+32.707
=3.76

* 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.

TurnOnGreen  (OTCPK:TOGI) Total Assets Explanation

Total Assets is connected with ROA %.

TurnOnGreen'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 )
=-2.64/( (3.94+3.755)/ 2 )
=-2.64/3.8475
=-68.62 %

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.

TurnOnGreen'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 )
=1.29/( (3.94+3.755)/ 2 )
=1.29/3.8475
=0.34

* 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.

TurnOnGreen Total Assets Related Terms

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TurnOnGreen Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TurnOnGreen Inc (OTCPK:TOGI) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
1421 McCarthy Boulevard, Milpitas, NV, USA, 95035
Website
https://www.turnongreen.com
TurnOnGreen Inc is engaged in the design, development, manufacture and sale of highly engineered, feature-rich, high-grade power conversion and power system solutions for mission-critical applications and processes. It operates in two operating segments, power solutions and EV charging solutions. Majority revenue is generated from Power supply units.
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Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Amos Kohn director, officer: Chief Executive Officer 48430 LAKEVIEW BLVD., C/O DIGITAL POWER CORP, FREMONT CA 94538
Douglas Gintz director, officer: Chief Technology Officer C/O TURNONGREEN, INC., 1421 MCCARTHY BLVD., MILPITAS CA 95035
Marcus Charuvastra officer: President 2980 BEVERLY GLEN CIR.,, STE 100, LOS ANGELES CA 90077
Henry Carl Nisser director, officer: Chief Executive Officer 100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
David J Katzoff officer: CFO, Secretary, Treasurer 201 SHIPYARD WAY, NEWPORT BEACH CA 92663
Kristie Andreula officer: Chief R and D Officer 30 N GOULD STREET, SUITE 11023, SHERIDAN WY 82801
Vincent Andruela director, officer: CEO, CFO, and President 30 N GOULD STREET, SUITE 11023, SHERIDAN WY 82801
Michael Andreula officer: Chief Marketing Officer 30 N GOULD STREET, SUITE 11023, SHERIDAN WY 82801
Karada Ltd 10 percent owner TRUST COMPANY COMPLEX, AJELTAKE ROAD, AJELTAKE, MAJURO 1T MAJURO
Lars Brannvall director, officer: President, CEO, CFO, Secretary SUITE 5.18, MLS BUSINESS CENTRE, 130 SHAFTESBURY AVENUE, LONDON X0 W1D 5EU
Colour Industry Inc. 10 percent owner PRASANMITR THANI TOWER, SUITE 2404, 41 SUKHUMVIT SOI 23, KLONGTOEY NUA, WATTANA, BANGKOK W1 10110
Coloured Industry Technology Partnership 2 Llp 10 percent owner 4 BEDFORD ROW, LONDON X0 WC1R 4DF
Mobile Warrior Technology Partnership Llp 10 percent owner 4 BEDFORD ROW, LONDON X0 WC1R 4DF