Digihost Technology (TSXV:DGHI) Total Assets : C$56.54 Mil (As of Dec. 2023)

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What is Digihost Technology Total Assets?

Digihost Technology's Total Assets for the quarter that ended in Dec. 2023 was C$56.54 Mil.

During the past 12 months, Digihost Technology's average Total Assets Growth Rate was -18.60% per year. During the past 3 years, the average Total Assets Growth Rate was 38.50% per year.

During the past 5 years, Digihost Technology's highest 3-Year average Total Assets Growth Rate was 140.90%. The lowest was 38.50%. And the median was 89.70%.

Total Assets is connected with ROA %. Digihost Technology's annualized ROA % for the quarter that ended in Dec. 2023 was -86.19%. Total Assets is also linked to Revenue through Asset Turnover. Digihost Technology's Asset Turnover for the quarter that ended in Dec. 2023 was 0.24.

Digihost Technology Total Assets Historical Data

The historical data trend for Digihost Technology'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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Digihost Technology Total Assets Chart

Digihost Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

5.13

21.16

102.44

71.46

56.54

Digihost Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial												71.46	71.08	67.52	64.06	56.54

Digihost Technology 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.

Digihost Technology'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 )
	=	39.238	+	17.308
	=	56.55

Digihost Technology's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	39.238	+	17.308
	=	56.55

Digihost Technology (TSXV:DGHI) Total Assets Explanation

Total Assets is connected with ROA %.

Digihost Technology's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-51.972	/	( (64.061	+	56.544)	/ 2 )
	=	-51.972	/	60.3025
	=	-86.19 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Digihost Technology's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	14.464	/	( (64.061	+	56.544)	/ 2 )
=	14.464	/	60.3025
=	0.24

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.

Digihost Technology Total Assets Related Terms

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Digihost Technology (TSXV:DGHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digihost Technology Inc (TSXV:DGHI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

DGHI:USA 1NQ:Germany

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.digihost.ca

Digihost Technology Inc is a blockchain company focused on Bitcoin mining. The company's mining facility is located in Buffalo, New York, and is equipped with an 18.7 MVA 115,000-kilovolt ampere outdoor substation with an option to increase the power output to 42MVA.