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iMining Technologies (FRA:P1A) Total Assets : €12.99 Mil (As of Feb. 2022)


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What is iMining Technologies Total Assets?

iMining Technologies's Total Assets for the quarter that ended in Feb. 2022 was €12.99 Mil.

Total Assets is connected with ROA %. iMining Technologies's annualized ROA % for the quarter that ended in Feb. 2022 was -18.17%. Total Assets is also linked to Revenue through Asset Turnover. iMining Technologies's Asset Turnover for the quarter that ended in Feb. 2022 was -0.01.


iMining Technologies Total Assets Historical Data

The historical data trend for iMining 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.

* Premium members only.

iMining Technologies Total Assets Chart

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 3.10 0.54 0.01 11.18

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 0.10 11.18 12.92 13.52 12.99

iMining 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.

iMining Technologies's Total Assets for the fiscal year that ended in May. 2021 is calculated as

Total Assets=Total Equity (A: May. 2021 )+Total Liabilities (A: May. 2021 )
=11.006+0.171
=11.18

iMining Technologies's Total Assets for the quarter that ended in Feb. 2022 is calculated as

Total Assets=Total Equity (Q: Feb. 2022 )+Total Liabilities (Q: Feb. 2022 )
=12.812+0.181
=12.99

* 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.


iMining Technologies  (FRA:P1A) Total Assets Explanation

Total Assets is connected with ROA %.

iMining Technologies's annualized ROA % for the quarter that ended in Feb. 2022 is

ROA %=Net Income (Q: Feb. 2022 )/( (Total Assets (Q: Nov. 2021 )+Total Assets (Q: Feb. 2022 ))/ count )
=-2.408/( (13.516+12.994)/ 2 )
=-2.408/13.255
=-18.17 %

Note: The Net Income data used here is four times the quarterly (Feb. 2022) 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.

iMining Technologies's Asset Turnover for the quarter that ended in Feb. 2022 is

Asset Turnover
=Revenue (Q: Feb. 2022 )/( (Total Assets (Q: Nov. 2021 )+Total Assets (Q: Feb. 2022 ))/ count )
=-0.169/( (13.516+12.994)/ 2 )
=-0.169/13.255
=-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.

iMining Technologies Total Assets Related Terms

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iMining Technologies (FRA:P1A) Business Description

Traded in Other Exchanges
N/A
Address
750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.

iMining Technologies (FRA:P1A) Headlines

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