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Braille Energy Systems (TSXV:BES) Total Assets : C$2.60 Mil (As of Mar. 2024)


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What is Braille Energy Systems Total Assets?

Braille Energy Systems's Total Assets for the quarter that ended in Mar. 2024 was C$2.60 Mil.

During the past 12 months, Braille Energy Systems's average Total Assets Growth Rate was 9.30% per year. During the past 3 years, the average Total Assets Growth Rate was 56.70% per year. During the past 5 years, the average Total Assets Growth Rate was 15.10% per year. During the past 10 years, the average Total Assets Growth Rate was 28.40% per year.

During the past 13 years, Braille Energy Systems's highest 3-Year average Total Assets Growth Rate was 310.80%. The lowest was -20.10%. And the median was 44.65%.

Total Assets is connected with ROA %. Braille Energy Systems's annualized ROA % for the quarter that ended in Mar. 2024 was -49.91%. Total Assets is also linked to Revenue through Asset Turnover. Braille Energy Systems's Asset Turnover for the quarter that ended in Mar. 2024 was 0.33.


Braille Energy Systems Total Assets Historical Data

The historical data trend for Braille Energy Systems'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.

Braille Energy Systems Total Assets Chart

Braille Energy Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.91 6.05 5.13 3.28

Braille Energy Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.64 3.46 3.28 2.87 2.60

Braille Energy Systems 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.

Braille Energy Systems's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=1.22+2.064
=3.28

Braille Energy Systems'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 )
=0.517+2.08
=2.60

* 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.


Braille Energy Systems  (TSXV:BES) Total Assets Explanation

Total Assets is connected with ROA %.

Braille Energy Systems'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 )
=-1.364/( (2.868+2.598)/ 2 )
=-1.364/2.733
=-49.91 %

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.

Braille Energy Systems'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 )
=0.904/( (2.868+2.598)/ 2 )
=0.904/2.733
=0.33

* 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.

Braille Energy Systems Total Assets Related Terms

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Braille Energy Systems (TSXV:BES) Business Description

Traded in Other Exchanges
N/A
Address
945 Princess Street, Box 117, Kingston, ON, CAN, K7L 0E9
Braille Energy Systems Inc is a battery manufacturing and energy storage company supplying batteries to the professional motorsports industry and the pioneer of a complete line of lightweight high-powered battery systems for the transportation market. Geographically it serves Europe, the Middle East, Africa, Asia Pacific Australia and earns key revenue from the Americas.
Executives
Jeffrey York 10% Security Holder, Director

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