Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Total Assets : $7.34 Mil (As of Sep. 2023)

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What is Zapp Electric Vehicles Group Total Assets?

Zapp Electric Vehicles Group's Total Assets for the quarter that ended in Sep. 2023 was $7.34 Mil.

During the past 12 months, Zapp Electric Vehicles Group's average Total Assets Growth Rate was 188.20% per year. During the past 3 years, the average Total Assets Growth Rate was 62.10% per year.

During the past 4 years, Zapp Electric Vehicles Group's highest 3-Year average Total Assets Growth Rate was 62.10%. The lowest was 62.10%. And the median was 62.10%.

Total Assets is connected with ROA %. Zapp Electric Vehicles Group's annualized ROA % for the quarter that ended in Sep. 2023 was -3,840.18%. Total Assets is also linked to Revenue through Asset Turnover. Zapp Electric Vehicles Group's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Zapp Electric Vehicles Group Total Assets Historical Data

The historical data trend for Zapp Electric Vehicles Group'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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Zapp Electric Vehicles Group Total Assets Chart

Zapp Electric Vehicles Group Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Total Assets

1.97

2.04

4.23

7.34

Zapp Electric Vehicles Group Semi-Annual Data
	Sep20	Sep21	Sep22	Sep23
Total Assets	1.97	2.04	4.23	7.34

Zapp Electric Vehicles Group 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.

Zapp Electric Vehicles Group'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 )
	=	-18.438	+	25.779
	=	7.34

Zapp Electric Vehicles Group's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-18.438	+	25.779
	=	7.34

Zapp Electric Vehicles Group (NAS:ZAPP) Total Assets Explanation

Total Assets is connected with ROA %.

Zapp Electric Vehicles Group's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-222.097	/	( (4.225	+	7.342)	/ 2 )
	=	-222.097	/	5.7835
	=	-3,840.18 %

Note: The Net Income data used here is one times the annual (Sep. 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.

Zapp Electric Vehicles Group's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (4.225	+	7.342)	/ 2 )
=	0	/	5.7835
=	0.00

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.

Zapp Electric Vehicles Group Total Assets Related Terms

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Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zapp Electric Vehicles Group Ltd (NAS:ZAPP) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

87/1 Wireless Road, 26/F Capital Tower, All Seasons Place, Lumpini, Patumwan, Bangkok, THA, 10330

Website

https://www.zappev.com

Zapp Electric Vehicles Group Ltd designs, manufactures and sells high performance electric vehicles, including maintenance and repair of electric vehicles and related parts and accessories.

Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Headlines

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