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Azorean-Aquatic Technologies (XPAR:MLAAT) Total Assets : €0.47 Mil (As of Dec. 2019)


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What is Azorean-Aquatic Technologies Total Assets?

Azorean-Aquatic Technologies's Total Assets for the quarter that ended in Dec. 2019 was €0.47 Mil.

Total Assets is connected with ROA %. Azorean-Aquatic Technologies's annualized ROA % for the quarter that ended in Dec. 2019 was -1.52%. Total Assets is also linked to Revenue through Asset Turnover. Azorean-Aquatic Technologies's Asset Turnover for the quarter that ended in Dec. 2019 was 0.00.


Azorean-Aquatic Technologies Total Assets Historical Data

The historical data trend for Azorean-Aquatic 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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Azorean-Aquatic Technologies Total Assets Chart

Azorean-Aquatic Technologies Annual Data
Trend Dec18 Dec19
Total Assets
0.46 0.47

Azorean-Aquatic Technologies Semi-Annual Data
Dec18 Dec19
Total Assets 0.46 0.47

Azorean-Aquatic 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.

Azorean-Aquatic Technologies's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=0.092+0.373
=0.47

Azorean-Aquatic Technologies's Total Assets for the quarter that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (Q: Dec. 2019 )+Total Liabilities (Q: Dec. 2019 )
=0.092+0.373
=0.47

* 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.


Azorean-Aquatic Technologies  (XPAR:MLAAT) Total Assets Explanation

Total Assets is connected with ROA %.

Azorean-Aquatic Technologies's annualized ROA % for the quarter that ended in Dec. 2019 is

ROA %=Net Income (Q: Dec. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Dec. 2019 ))/ count )
=-0.007/( (0.459+0.465)/ 2 )
=-0.007/0.462
=-1.52 %

Note: The Net Income data used here is one times the annual (Dec. 2019) 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.

Azorean-Aquatic Technologies's Asset Turnover for the quarter that ended in Dec. 2019 is

Asset Turnover
=Revenue (Q: Dec. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Dec. 2019 ))/ count )
=0/( (0.459+0.465)/ 2 )
=0/0.462
=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.

Azorean-Aquatic Technologies Total Assets Related Terms

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Azorean-Aquatic Technologies (XPAR:MLAAT) Business Description

Traded in Other Exchanges
N/A
Address
Rua da Pranchinha N 92, Ponta Delgada, PRT, 9500-331
Azorean-Aquatic Technologies SA provides solutions to produce instruments and autonomous robots for different market segments from leisure to business and scientific exploration. Its product includes Ziphius, an aquatic civilian drone for the general public, controlled by Wi-Fi via smartphone or tablet PC, able to move at a speed of up to 10 kph and capable of taking and sharing photos and videos.

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