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Innovative Solutions and Support (Innovative Solutions and Support) Total Assets : $57.62 Mil (As of Mar. 2024)


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What is Innovative Solutions and Support Total Assets?

Innovative Solutions and Support's Total Assets for the quarter that ended in Mar. 2024 was $57.62 Mil.

During the past 12 months, Innovative Solutions and Support's average Total Assets Growth Rate was 211.20% per year. During the past 3 years, the average Total Assets Growth Rate was 27.40% per year. During the past 5 years, the average Total Assets Growth Rate was 18.80% per year. During the past 10 years, the average Total Assets Growth Rate was 2.70% per year.

During the past 13 years, Innovative Solutions and Support's highest 3-Year average Total Assets Growth Rate was 36.70%. The lowest was -22.20%. And the median was 0.85%.

Total Assets is connected with ROA %. Innovative Solutions and Support's annualized ROA % for the quarter that ended in Mar. 2024 was 8.53%. Total Assets is also linked to Revenue through Asset Turnover. Innovative Solutions and Support's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.


Innovative Solutions and Support Total Assets Historical Data

The historical data trend for Innovative Solutions and Support'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.

Innovative Solutions and Support Total Assets Chart

Innovative Solutions and Support 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 38.56 41.55 27.09 34.71 62.96

Innovative Solutions and Support 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 38.12 62.35 62.96 55.70 57.62

Innovative Solutions and Support 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.

Innovative Solutions and Support'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 )
=38.637+24.32
=62.96

Innovative Solutions and Support'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 )
=41.378+16.246
=57.62

* 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.


Innovative Solutions and Support  (NAS:ISSC) Total Assets Explanation

Total Assets is connected with ROA %.

Innovative Solutions and Support'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 )
=4.832/( (55.698+57.624)/ 2 )
=4.832/56.661
=8.53 %

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.

Innovative Solutions and Support'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 )
=10.74/( (55.698+57.624)/ 2 )
=10.74/56.661
=0.19

* 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.

Innovative Solutions and Support Total Assets Related Terms

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Innovative Solutions and Support (Innovative Solutions and Support) Business Description

Traded in Other Exchanges
N/A
Address
720 Pennsylvania Drive, Exton, PA, USA, 19341
Innovative Solutions and Support Inc is a systems integrator that designs, manufactures, sells, and services air data equipment, engine display systems, standby equipment, primary flight guidance, and cockpit display systems for retrofit applications and original equipment manufacturers. The company supplies integrated Flight Management Systems, Flat Panel Display Systems, Integrated Standby Units, Advanced Global Positioning System receivers that enable reduced carbon footprint navigation, and an Autothrottle, which allows a pilot to automatically control the power setting of the engine and is designed to reduce pilot workload and enhance safety. It sells its products to both the OEM and the retrofit markets.
Executives
Glen R Bressner director 720 PENNSYLAVANIA DR, EXTON PA 19341
Estate Of Geoffrey S. M. Hedrick 10 percent owner C/O INNOVATIVE SOLUTIONS AND SUPPORT INC, 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Winston J Churchill director C/O SCP PARTNERS, SUITE 300, 1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087
Christopher Harborne 10 percent owner 23F M THAI TOWER, ALL SEASONS PLACE, 87 WIRELESS ROAD, BANGKOK W1 10300
Michael Linacre officer: Chief Financial Officer 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Parizad Olver director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Mittelstaedt Robert E Jr director
Stephen L Belland director 5717 COMPASS COURT, CAPE CORAL FL 33914
Roger Anthony Carolin director 1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087
Relland Winand officer: Chief Financial Officer C/O INNOVATIVE SOLUTIONS & SUPPORT INC., 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Shahram Askarpour officer: President C/O INNOVATIVE SOLUTIONS & SUPPORT, INC., 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Ronald Albrecht officer: Chief Financial Officer C/O INNOVATIVE SOLUTIONS AND SUPPORT INC, 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Robert Mionis director
John C Long officer: Chief Financial Officer 2400 BERNVILLE ROAD, READING PA 19612
Raymond J Wilson director 720 PENNSYLVANIA DRIVE, EXTON PA 19341

Innovative Solutions and Support (Innovative Solutions and Support) Headlines

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