Expion360 (Expion360) Total Assets : $10.02 Mil (As of Mar. 2024)

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What is Expion360 Total Assets?

Expion360's Total Assets for the quarter that ended in Mar. 2024 was $10.02 Mil.

During the past 12 months, Expion360's average Total Assets Growth Rate was -24.10% per year. During the past 3 years, the average Total Assets Growth Rate was 82.40% per year.

During the past 5 years, Expion360's highest 3-Year average Total Assets Growth Rate was 138.60%. The lowest was 82.40%. And the median was 110.50%.

Total Assets is connected with ROA %. Expion360's annualized ROA % for the quarter that ended in Mar. 2024 was -80.03%. Total Assets is also linked to Revenue through Asset Turnover. Expion360's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Expion360 Total Assets Historical Data

The historical data trend for Expion360'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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Expion360 Total Assets Chart

Expion360 Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

0.84

1.60

6.53

16.70

11.91

Expion360 Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											15.95	13.33	11.68	11.91	10.02

Expion360 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.

Expion360's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	5.35	+	6.556
	=	11.91

Expion360'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 )
	=	3.675	+	6.342
	=	10.02

Expion360 (NAS:XPON) Total Assets Explanation

Total Assets is connected with ROA %.

Expion360'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 )
	=	-8.772	/	( (11.905	+	10.017)	/ 2 )
	=	-8.772	/	10.961
	=	-80.03 %

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.

Expion360'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 )
=	0.972	/	( (11.905	+	10.017)	/ 2 )
=	0.972	/	10.961
=	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.

Expion360 Total Assets Related Terms

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Expion360 (Expion360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Expion360 Inc (NAS:XPON) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2025 SW Deerhound Avenue, Redmond, OR, USA, 97756

Website

https://www.expion360.com

Expion360 Inc is focused on the design, assembly, manufacturing and sales of lithium iron phosphate (LiFePO4) batteries and supporting accessories for recreational vehicles ("RV's") and marine applications with plans to expand into home energy storage products and industrial applications. Its product offerings include some of the minimal-footprint batteries in the RV & Marine industry.

Executives

John Henry Yozamp	director, 10 percent owner, officer: Chief Executive Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
Tien Quoc Nguyen	director	2025 SW DEERHOUND AVE., REDMOND OR 97756
Gregory Scott Aydelott	officer: Chief Accounting Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
Paul Thomas Shoun	director, officer: Chief Operating Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
Brian Paul Schaffner	officer: Chief Financial Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
David Leigh Hendrickson	director	2025 SW DEERHOUND AVE, REDMOND OR 97756
Steve Shum	director	9025 SW HILLMAN COURT, SUITE 3126, WILSONVILLE OR 97070
George Lefevre	director	18101 VON KARMAN AVENUE, SUITE 330, IRVINE CA 96212