Critical Infrastructure Technologies (XCNQ:CTTT) Total Assets : C$4.27 Mil (As of Mar. 2024)

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What is Critical Infrastructure Technologies Total Assets?

Critical Infrastructure Technologies's Total Assets for the quarter that ended in Mar. 2024 was C$4.27 Mil.

During the past 12 months, Critical Infrastructure Technologies's average Total Assets Growth Rate was 61.80% per year.

Total Assets is connected with ROA %. Critical Infrastructure Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was -3.08%. Total Assets is also linked to Revenue through Asset Turnover. Critical Infrastructure Technologies's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Critical Infrastructure Technologies Total Assets Historical Data

The historical data trend for Critical Infrastructure Technologies'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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Critical Infrastructure Technologies Total Assets Chart

Critical Infrastructure Technologies Annual Data

Trend

Jun21

Jun22

Jun23

Total Assets

0.84

2.47

4.14

Critical Infrastructure Technologies Quarterly Data
	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial			16.15	4.14	3.45	4.03	4.27

Critical Infrastructure Technologies 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.

Critical Infrastructure Technologies's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	2.387	+	1.755
	=	4.14

Critical Infrastructure Technologies's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	2.162	+	2.107
	=	4.27

Critical Infrastructure Technologies (XCNQ:CTTT) Total Assets Explanation

Total Assets is connected with ROA %.

Critical Infrastructure Technologies's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-0.128	/	( (4.031	+	4.269)	/ 2 )
	=	-0.128	/	4.15
	=	-3.08 %

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

Critical Infrastructure Technologies's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (4.031	+	4.269)	/ 2 )
=	0	/	4.15
=	0.00

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.

Critical Infrastructure Technologies Total Assets Related Terms

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Critical Infrastructure Technologies (XCNQ:CTTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Critical Infrastructure Technologies Ltd (XCNQ:CTTT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1

Website

https://www.citech.com.au

Critical Infrastructure Technologies Ltd designs and develops rapidly deployable infrastructure and power systems to support life and mission-critical applications. The company's product set is a range of rapidly deployable, high-capacity communications platforms called the NEXUS 16 and CiNet. The NEXUS 16 is a fully integrated, high-capacity communications platform that can be quickly and safely transported to remote and hostile locations and be fully operational and transmitted in under 60 minutes. CiNet was built to support the Nexus products and provide seamless integration into the operator's own Network Management Systems.

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