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Lobo EV Technologies (Lobo EV Technologies) Total Assets : $19.67 Mil (As of Dec. 2023)


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What is Lobo EV Technologies Total Assets?

Lobo EV Technologies's Total Assets for the quarter that ended in Dec. 2023 was $19.67 Mil.

During the past 12 months, Lobo EV Technologies's average Total Assets Growth Rate was 14.40% per year. During the past 3 years, the average Total Assets Growth Rate was 44.00% per year.

During the past 4 years, Lobo EV Technologies's highest 3-Year average Total Assets Growth Rate was 44.00%. The lowest was 44.00%. And the median was 44.00%.

Total Assets is connected with ROA %. Lobo EV Technologies's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Lobo EV Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Lobo EV Technologies Total Assets Historical Data

The historical data trend for Lobo EV 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.

Lobo EV Technologies Total Assets Chart

Lobo EV Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
6.53 11.27 16.94 19.67

Lobo EV Technologies Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 11.27 13.36 16.94 17.43 19.67

Lobo EV 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.

Lobo EV Technologies'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 )
=5.879+13.793
=19.67

Lobo EV Technologies's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=5.879+13.793
=19.67

* 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.

Lobo EV Technologies  (NAS:LOBO) Total Assets Explanation

Total Assets is connected with ROA %.

Lobo EV Technologies's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (17.43+19.671)/ 2 )
=0/18.5505
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Lobo EV Technologies's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (17.43+19.671)/ 2 )
=0/18.5505
=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.

Lobo EV Technologies Total Assets Related Terms

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Lobo EV Technologies (Lobo EV Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lobo EV Technologies Ltd (NAS:LOBO) » Definitions » Total Assets
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Website
https://www.loboebike.com
Lobo EV Technologies Ltd is an electric vehicles manufacturer and seller company. It design, develop, manufacture and sell e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provide automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales, and software royalties and development and design services.

Lobo EV Technologies (Lobo EV Technologies) Headlines

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