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Zecotek Photonics (Zecotek Photonics) Total Assets : $2.04 Mil (As of Apr. 2020)


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What is Zecotek Photonics Total Assets?

Zecotek Photonics's Total Assets for the quarter that ended in Apr. 2020 was $2.04 Mil.

Total Assets is connected with ROA %. Zecotek Photonics's annualized ROA % for the quarter that ended in Apr. 2020 was 47.61%. Total Assets is also linked to Revenue through Asset Turnover. Zecotek Photonics's Asset Turnover for the quarter that ended in Apr. 2020 was 0.01.


Zecotek Photonics Total Assets Historical Data

The historical data trend for Zecotek Photonics'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.

Zecotek Photonics Total Assets Chart

Zecotek Photonics Annual Data
Trend Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.62 0.83 3.24 2.58

Zecotek Photonics Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.99 2.58 2.43 9.30 2.04

Zecotek Photonics 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.

Zecotek Photonics's Total Assets for the fiscal year that ended in Jul. 2019 is calculated as

Total Assets=Total Equity (A: Jul. 2019 )+Total Liabilities (A: Jul. 2019 )
=-3.303+5.88
=2.58

Zecotek Photonics's Total Assets for the quarter that ended in Apr. 2020 is calculated as

Total Assets=Total Equity (Q: Apr. 2020 )+Total Liabilities (Q: Apr. 2020 )
=-3.628+5.671
=2.04

* 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.


Zecotek Photonics  (OTCPK:ZMSPF) Total Assets Explanation

Total Assets is connected with ROA %.

Zecotek Photonics's annualized ROA % for the quarter that ended in Apr. 2020 is

ROA %=Net Income (Q: Apr. 2020 )/( (Total Assets (Q: Jan. 2020 )+Total Assets (Q: Apr. 2020 ))/ count )
=2.7/( (9.299+2.042)/ 2 )
=2.7/5.6705
=47.61 %

Note: The Net Income data used here is four times the quarterly (Apr. 2020) 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.

Zecotek Photonics's Asset Turnover for the quarter that ended in Apr. 2020 is

Asset Turnover
=Revenue (Q: Apr. 2020 )/( (Total Assets (Q: Jan. 2020 )+Total Assets (Q: Apr. 2020 ))/ count )
=0.036/( (9.299+2.042)/ 2 )
=0.036/5.6705
=0.01

* 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.

Zecotek Photonics Total Assets Related Terms

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Zecotek Photonics (Zecotek Photonics) Business Description

Traded in Other Exchanges
N/A
Address
6900 Graybar Road, Unit 2325, Richmond, BC, CAN, V6W 0A5
Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs located in Canada, Korea, Russia, Singapore, and the U.S.A. The company develops products such as scintillation crystals, solid-state, photodetectors, positron emission tomography scanning components, lasers, and 3D display and 3D printing technologies. These products are used in sectors such as healthcare, scientific and industrial.