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Cathedra Bitcoin (TSXV:CBIT) Total Assets : C$48.67 Mil (As of Sep. 2024)


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What is Cathedra Bitcoin Total Assets?

Cathedra Bitcoin's Total Assets for the quarter that ended in Sep. 2024 was C$48.67 Mil.

Total Assets is connected with ROA %. Cathedra Bitcoin's annualized ROA % for the quarter that ended in Sep. 2024 was -33.77%. Total Assets is also linked to Revenue through Asset Turnover. Cathedra Bitcoin's Asset Turnover for the quarter that ended in Sep. 2024 was 0.12.

Cathedra Bitcoin Total Assets Historical Data

The historical data trend for Cathedra Bitcoin'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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Cathedra Bitcoin Total Assets Chart

Cathedra Bitcoin Annual Data
Trend
Total Assets

Cathedra Bitcoin Quarterly Data
Sep23 Sep24
Total Assets - 48.67

Cathedra Bitcoin 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.

Cathedra Bitcoin's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets=Total Equity (A: . 20 )+Total Liabilities (A: . 20 )
=N/A+N/A
=N/A

Cathedra Bitcoin'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 )
=27.362+21.31
=48.67

* 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.

Cathedra Bitcoin  (TSXV:CBIT) Total Assets Explanation

Total Assets is connected with ROA %.

Cathedra Bitcoin's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Sep. 2024 ))/ count )
=-16.436/( (0+48.672)/ 1 )
=-16.436/48.672
=-33.77 %

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.

Cathedra Bitcoin's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Sep. 2024 ))/ count )
=5.858/( (0+48.672)/ 1 )
=5.858/48.672
=0.12

* 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.

Cathedra Bitcoin Total Assets Related Terms

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Cathedra Bitcoin Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (TSXV:CBIT) » Definitions » Total Assets
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Traded in Other Exchanges
CBTTF:USA FB0:Germany
Address
320 - 638 Broughton Street, Vancouver, BC, CAN, V6G 3K3
Website
https://www.cathedra.com
Cathedra Bitcoin Inc develops and operates high-density compute infrastructure across North America. The company hosts bitcoin mining clients across its portfolio of three data centers (30 MW total) in Tennessee and Kentucky. Additionally, Cathedra is a partner in a joint venture that is developing a 60-MW data center in North Dakota which will also host Bitcoin miners. It also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. The company is focused on expanding its portfolio of data center infrastructure for high-density computing applications including bitcoin mining and artificial intelligence.

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