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Neptune Digital Assets (TSXV:NDA) Total Assets : C$51.58 Mil (As of Feb. 2024)


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What is Neptune Digital Assets Total Assets?

Neptune Digital Assets's Total Assets for the quarter that ended in Feb. 2024 was C$51.58 Mil.

During the past 12 months, Neptune Digital Assets's average Total Assets Growth Rate was 81.70% per year. During the past 3 years, the average Total Assets Growth Rate was 77.30% per year.

During the past 5 years, Neptune Digital Assets's highest 3-Year average Total Assets Growth Rate was 128.00%. The lowest was 77.30%. And the median was 102.65%.

Total Assets is connected with ROA %. Neptune Digital Assets's annualized ROA % for the quarter that ended in Feb. 2024 was 3.03%. Total Assets is also linked to Revenue through Asset Turnover. Neptune Digital Assets's Asset Turnover for the quarter that ended in Feb. 2024 was 0.01.


Neptune Digital Assets Total Assets Historical Data

The historical data trend for Neptune Digital Assets'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.

Neptune Digital Assets Total Assets Chart

Neptune Digital Assets Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Total Assets
2.82 3.80 54.68 36.04 32.94

Neptune Digital Assets Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 37.69 38.52 32.94 39.04 51.58

Neptune Digital Assets 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.

Neptune Digital Assets's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (A: Aug. 2023 )+Total Liabilities (A: Aug. 2023 )
=32.281+0.654
=32.94

Neptune Digital Assets's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=51.378+0.205
=51.58

* 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.


Neptune Digital Assets  (TSXV:NDA) Total Assets Explanation

Total Assets is connected with ROA %.

Neptune Digital Assets's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=1.372/( (39.044+51.582)/ 2 )
=1.372/45.313
=3.03 %

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

Neptune Digital Assets's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=0.634/( (39.044+51.582)/ 2 )
=0.634/45.313
=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.

Neptune Digital Assets Total Assets Related Terms

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Neptune Digital Assets (TSXV:NDA) Business Description

Traded in Other Exchanges
Address
1133 Melville Street, The Stack, Suite 2700, Vancouver, BC, CAN, V6E 4E5
Neptune Digital Assets Corp is engaged in the business that building, owning, and operating digital currency infrastructure assets. Its core assets are Bitcoin mining equipment and Digital currencies and its primary business model is to generate Bitcoin. Its ancillary activities include staking and lending various digital currencies to earn interest and staking rewards. It operates in Canada and the United States.
Executives
Neptune Digital Assets Corp. Issuer

Neptune Digital Assets (TSXV:NDA) Headlines

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