TTNMF (Titanium Transportation Group) Total Assets : $210.5 Mil (As of Dec. 2024)

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What is Titanium Transportation Group Total Assets?

Titanium Transportation Group's Total Assets for the quarter that ended in Dec. 2024 was $210.5 Mil.

Warning Sign:

If a company builds assets at 21.7% a year, faster than its revenue growth rate of 17.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Titanium Transportation Group's average Total Assets Growth Rate was -14.70% per year. During the past 3 years, the average Total Assets Growth Rate was 11.10% per year. During the past 5 years, the average Total Assets Growth Rate was 21.70% per year. During the past 10 years, the average Total Assets Growth Rate was 83.20% per year.

During the past 11 years, Titanium Transportation Group's highest 3-Year average Total Assets Growth Rate was 3259.30%. The lowest was 6.10%. And the median was 16.35%.

Total Assets is connected with ROA %. Titanium Transportation Group's annualized ROA % for the quarter that ended in Dec. 2024 was -25.79%. Total Assets is also linked to Revenue through Asset Turnover. Titanium Transportation Group's Asset Turnover for the quarter that ended in Dec. 2024 was 0.35.

Titanium Transportation Group Total Assets Historical Data

The historical data trend for Titanium Transportation 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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Titanium Transportation Group Total Assets Chart

Titanium Transportation Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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108.33

182.55

206.95

265.35

210.52

Titanium Transportation Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															265.35	260.49	251.78	243.87	210.52

Titanium Transportation 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.

Titanium Transportation Group's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	56.088	+	154.43
	=	210.5

Titanium Transportation Group's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	56.088	+	154.43
	=	210.5

Titanium Transportation Group (OTCPK:TTNMF) Total Assets Explanation

Total Assets is connected with ROA %.

Titanium Transportation Group's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-58.584	/	( (243.865	+	210.519)	/ 2 )
	=	-58.584	/	227.192
	=	-25.79 %

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

Titanium Transportation Group's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	79.905	/	( (243.865	+	210.519)	/ 2 )
=	79.905	/	227.192
=	0.35

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.

Titanium Transportation Group Total Assets Related Terms

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Titanium Transportation Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Titanium Transportation Group Inc (OTCPK:TTNMF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TTNM:Canada

Address

32 Simpson Road, Bolton, ON, CAN, L7E 1G9

Website

https://www.ttgi.com

Titanium Transportation Group Inc is assets-based transportation and logistics firm that provides services like truckload, dedicated, cross-border trucking services, freight logistics, warehousing, and distribution. The company operating segments namely, the Truck Transportation segment represents the pickup and delivery of full loads across Canada and the United States using a closed van, flatbed or other specialized equipment, and the logistics segment represents the brokering of freight across North America. Most of its revenue is earned through the Truck transportation segment. The group has a business presence in Canada and the United States.