International Zeolite (TSXV:IZ) Total Assets : C$0.53 Mil (As of Mar. 2024)

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What is International Zeolite Total Assets?

International Zeolite's Total Assets for the quarter that ended in Mar. 2024 was C$0.53 Mil.

During the past 12 months, International Zeolite's average Total Assets Growth Rate was -68.90% per year. During the past 3 years, the average Total Assets Growth Rate was -13.30% per year. During the past 5 years, the average Total Assets Growth Rate was -6.60% per year. During the past 10 years, the average Total Assets Growth Rate was 14.50% per year.

During the past 13 years, International Zeolite's highest 3-Year average Total Assets Growth Rate was 70.40%. The lowest was -41.50%. And the median was 2.10%.

Total Assets is connected with ROA %. International Zeolite's annualized ROA % for the quarter that ended in Mar. 2024 was -106.67%. Total Assets is also linked to Revenue through Asset Turnover. International Zeolite's Asset Turnover for the quarter that ended in Mar. 2024 was 0.25.

International Zeolite Total Assets Historical Data

The historical data trend for International Zeolite'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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International Zeolite Total Assets Chart

International Zeolite Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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1.39

1.31

1.26

1.48

0.94

International Zeolite 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															1.45	0.94	0.65	0.58	0.53

International Zeolite 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.

International Zeolite's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	-1.734	+	2.673
	=	0.94

International Zeolite'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 )
	=	-2.223	+	2.751
	=	0.53

International Zeolite (TSXV:IZ) Total Assets Explanation

Total Assets is connected with ROA %.

International Zeolite'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 )
	=	-0.592	/	( (0.582	+	0.528)	/ 2 )
	=	-0.592	/	0.555
	=	-106.67 %

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.

International Zeolite'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 )
=	0.14	/	( (0.582	+	0.528)	/ 2 )
=	0.14	/	0.555
=	0.25

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.

International Zeolite Total Assets Related Terms

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International Zeolite (TSXV:IZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Zeolite Corp (TSXV:IZ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

IZCFF:USA ZEON:Germany

Address

1021 West Hastings Street, Suite 2300, 9th Floor, Vancouver, BC, CAN, V6E0C3

Website

https://www.internationalzeolite.com

International Zeolite Corp is a Canada-based company that markets and supplies natural zeolite and zeolite-infused products. The company's operating segments include the exploration and development segment; and the retail and commercial sales segment which is the key revenue driver. The revenue comprises sales of zeolite products, commissions earned on sales of zeolite products, and royalties earned on bulk zeolite material shipped from its site in Princeton.

Executives

Raymon Lucien Paquette

10% Security Holder, Director, Senior Officer

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