Manitex Capital (TSXV:MNX.H) Total Assets: C$8.49 Mil (As of Jul. 2024)

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What is Manitex Capital Total Assets?

Manitex Capital TSXV:MNX.H Total Assets is C$8.49 Mil as of Jul. 2024.

Manitex Capital's Total Assets for the quarter that ended in Jul. 2024 was C$8.49 Mil.

Total Assets is connected with ROA %. Manitex Capital's annualized ROA % for the quarter that ended in Jul. 2024 was -90.77%. Total Assets is also linked to Revenue through Asset Turnover. Manitex Capital's Asset Turnover for the quarter that ended in Jul. 2024 was 0.00.

Manitex Capital  (TSXV:MNX.H) Total Assets Explanation

Total Assets is connected with ROA %.

Manitex Capital's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %=Net Income (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=-8.168/( (9.507+8.491)/ 2 )
=-8.168/8.999
=-90.77 %

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

Manitex Capital's Asset Turnover for the quarter that ended in Jul. 2024 is

Asset Turnover
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=0/( (9.507+8.491)/ 2 )
=0/8.999
=0.00

* 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.

Manitex Capital Total Assets Related Terms

Manitex Capital Total Assets Historical Data

* Premium members only.

The historical data trend for Manitex Capital'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.

Manitex Capital Total Assets Chart

Manitex Capital Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.24 21.46 16.88 9.80 10.56

Manitex Capital Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 8.83 10.56 10.62 9.51 8.49

Manitex Capital 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.

Manitex Capital's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (A: Oct. 2023 )+Total Liabilities (A: Oct. 2023 )
=9.241+1.322
=10.56

Manitex Capital's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets=Total Equity (Q: Jul. 2024 )+Total Liabilities (Q: Jul. 2024 )
=7.212+1.279
=8.49

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of C$8.49 Mil mean?
Manitex Capital (TSXV:MNX.H) has a Total Assets of C$8.49 Mil as of Jul. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Manitex Capital and its competitors.
Is Manitex Capital's Total Assets too high?
Manitex Capital's current Total Assets is C$8.49 Mil.
How does Manitex Capital's Total Assets compare to BLK and BX?
Manitex Capital's Total Assets of C$8.49 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Asset Management company?
A good Total Assets depends on the Asset Management industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Manitex Capital and its competitors. Manitex Capital's current Total Assets is C$8.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manitex Capital stock overvalued right now?
Manitex Capital (TSXV:MNX.H) has a current Total Assets of C$8.49 Mil. The current Total Assets is C$8.49 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Manitex Capital (TSXV:MNX.H), the current Total Assets is C$8.49 Mil as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Manitex Capital Business Description

Address 16667 Hymus Boulevard, Kirkland, QC, CAN, H9H 4R9
Manitex Capital Inc acquires interests in emerging and established companies in diversified sectors including life sciences, cleantech and sustainable products/technologies. It operates through the investment segment.