TGI Solar Power Group's Total Assets for the quarter that ended in Jul. 2023 was $0.29 Mil.
During the past 12 months, TGI Solar Power Group's average Total Assets Growth Rate was 0.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 169.00% per year.
During the past 5 years, TGI Solar Power Group's highest 3-Year average Total Assets Growth Rate was 169.00%. The lowest was 169.00%. And the median was 169.00%.
TGI Solar Power Group Total Assets Historical Data
The historical data trend for TGI Solar Power Group'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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TGI Solar Power Group Total Assets Chart
TGI Solar Power Group Annual Data
Trend
Jul15
Jul16
Jul17
Jul22
Jul23
Total Assets
-
0.15
-
0.30
0.29
TGI Solar Power Group Semi-Annual Data
Jul15
Jul16
Jul17
Jul22
Jul23
Total Assets
-
0.15
-
0.30
0.29
TGI Solar Power Group 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.
TGI Solar Power Group's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as
* 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.
TGI Solar Power Group (OTCPK:TSPG) Total Assets Explanation
Note:
The Net Income data used here is one times the annual (Jul. 2023) 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.
TGI Solar Power Group's Asset Turnover for the quarter that ended in Jul. 2023 is
* 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.
TGI Solar Power Group Total Assets Related Terms
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TGI Solar Power Group Inc offers its products and services to clients on a world-wide basis and maintains JVs and strategic alliances with installation, integration and energy consulting firms. TGI's plans to acquire new-patented technologies, components, processes, designs and methods with commercial value to generate shareholder value.
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