Triterras (Triterras) Total Assets : $148.93 Mil (As of Aug. 2022)

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What is Triterras Total Assets?

Triterras's Total Assets for the quarter that ended in Aug. 2022 was $148.93 Mil.

Total Assets is connected with ROA %. Triterras's annualized ROA % for the quarter that ended in Aug. 2022 was -27.07%. Total Assets is also linked to Revenue through Asset Turnover. Triterras's Asset Turnover for the quarter that ended in Aug. 2022 was 0.17.

Triterras Total Assets Historical Data

The historical data trend for Triterras'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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Triterras Total Assets Chart

Triterras Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Total Assets

19.24

208.18

170.76

Triterras Semi-Annual Data
	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
Total Assets	Get a 7-Day Free Trial			37.38	208.18	176.11	170.76	148.93

Triterras 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.

Triterras's Total Assets for the fiscal year that ended in Feb. 2022 is calculated as

Total Assets	=	Total Equity (A: Feb. 2022 )	+	Total Liabilities (A: Feb. 2022 )
	=	144.339	+	26.421
	=	170.76

Triterras's Total Assets for the quarter that ended in Aug. 2022 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2022 )	+	Total Liabilities (Q: Aug. 2022 )
	=	122.704	+	26.221
	=	148.93

Triterras (OTCPK:TRIRF) Total Assets Explanation

Total Assets is connected with ROA %.

Triterras's annualized ROA % for the quarter that ended in Aug. 2022 is

ROA %	=	Net Income (Q: Aug. 2022 )	/	( (Total Assets (Q: Feb. 2022 )	+	Total Assets (Q: Aug. 2022 ))	/ count )
	=	-43.268	/	( (170.76	+	148.926)	/ 2 )
	=	-43.268	/	159.843
	=	-27.07 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2022) 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.

Triterras's Asset Turnover for the quarter that ended in Aug. 2022 is

	Asset Turnover
=	Revenue (Q: Aug. 2022 )	/	( (Total Assets (Q: Feb. 2022 )	+	Total Assets (Q: Aug. 2022 ))	/ count )
=	26.406	/	( (170.76	+	148.926)	/ 2 )
=	26.406	/	159.843
=	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.

Triterras Total Assets Related Terms

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Triterras (Triterras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Triterras Inc (OTCPK:TRIRF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23-04 Republic Plaza, 9 Raffles Place, Singapore, SGP, 048619

Website

https://www.triterras.com

Triterras Inc is a fintech company. The company is focused on trade and trade finance. Its technology platform facilitates commodities trading that connects and enables commodity traders to trade and source capital from lenders directly online. Also, the company focuses on credit insurance and logistics solutions for small and medium-sized enterprises using innovative blockchain-enabled technology.