Titan Logix (TSXV:TLA) Total Assets : C$19.02 Mil (As of Aug. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Titan Logix Total Assets?

Titan Logix's Total Assets for the quarter that ended in Aug. 2024 was C$19.02 Mil.

During the past 12 months, Titan Logix's average Total Assets Growth Rate was 29.40% per year. During the past 3 years, the average Total Assets Growth Rate was 5.80% per year. During the past 5 years, the average Total Assets Growth Rate was -3.80% per year. During the past 10 years, the average Total Assets Growth Rate was -0.10% per year.

During the past 13 years, Titan Logix's highest 3-Year average Total Assets Growth Rate was 34.60%. The lowest was -27.10%. And the median was 4.35%.

Total Assets is connected with ROA %. Titan Logix's annualized ROA % for the quarter that ended in Aug. 2024 was 19.95%. Total Assets is also linked to Revenue through Asset Turnover. Titan Logix's Asset Turnover for the quarter that ended in Aug. 2024 was 0.09.

Titan Logix Total Assets Historical Data

The historical data trend for Titan Logix'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.

* Premium members only.

Titan Logix Total Assets Chart

Titan Logix Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Total Assets

Get a 7-Day Free Trial

16.71

16.27

17.50

18.35

19.02

Titan Logix Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Assets	Get a 7-Day Free Trial															18.35	17.79	18.22	18.03	19.02

Titan Logix 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.

Titan Logix's Total Assets for the fiscal year that ended in Aug. 2024 is calculated as

Total Assets	=	Total Equity (A: Aug. 2024 )	+	Total Liabilities (A: Aug. 2024 )
	=	17.502	+	1.52
	=	19.02

Titan Logix's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2024 )	+	Total Liabilities (Q: Aug. 2024 )
	=	17.502	+	1.52
	=	19.02

Titan Logix (TSXV:TLA) Total Assets Explanation

Total Assets is connected with ROA %.

Titan Logix's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %	=	Net Income (Q: Aug. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
	=	3.696	/	( (18.025	+	19.022)	/ 2 )
	=	3.696	/	18.5235
	=	19.95 %

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

Titan Logix's Asset Turnover for the quarter that ended in Aug. 2024 is

	Asset Turnover
=	Revenue (Q: Aug. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
=	1.666	/	( (18.025	+	19.022)	/ 2 )
=	1.666	/	18.5235
=	0.09

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.

Titan Logix Total Assets Related Terms

Thank you for viewing the detailed overview of Titan Logix's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Titan Logix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Titan Logix Corp (TSXV:TLA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4130 - 93rd Street, Edmonton, AB, CAN, T6E 5P5

Website

https://www.titanlogix.com

Titan Logix Corp designs and manufactures mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. The company's TD Series of tank-level monitors are known for their high level of accuracy, rugged design, and solid-state reliability. The solutions are designed for hazardous and non-hazardous applications and serve customers in a wide range of applications including petroleum, environmental solutions, chemical, and agriculture. The company predominantly operates in two geographic regions that is Canada and the United States. The company derives the majority of its revenue from its business in the United States.

Executives

Grant Reeves	Director
Robert Tasker	Director
Nicholas Forbes	Senior Officer
Helen Cornett	Director
Victor Lukmain Lee	Director

Titan Logix Headlines

No Headlines