Ether Capital (NEOE:ETHC) Total Assets : C$228.20 Mil (As of Mar. 2024)

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What is Ether Capital Total Assets?

Ether Capital's Total Assets for the quarter that ended in Mar. 2024 was C$228.20 Mil.

During the past 12 months, Ether Capital's average Total Assets Growth Rate was 114.90% per year. During the past 3 years, the average Total Assets Growth Rate was 61.10% per year. During the past 5 years, the average Total Assets Growth Rate was 84.70% per year. During the past 10 years, the average Total Assets Growth Rate was 132.30% per year.

During the past 13 years, Ether Capital's highest 3-Year average Total Assets Growth Rate was 1932.90%. The lowest was -80.80%. And the median was 63.70%.

Total Assets is connected with ROA %. Ether Capital's annualized ROA % for the quarter that ended in Mar. 2024 was 2.99%. Total Assets is also linked to Revenue through Asset Turnover. Ether Capital's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Ether Capital Total Assets Historical Data

The historical data trend for Ether Capital'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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Ether Capital Total Assets Chart

Ether Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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9.32

34.02

220.32

76.14

141.26

Ether Capital 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															108.32	119.86	106.12	141.26	228.20

Ether Capital 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.

Ether Capital's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	134.578	+	6.686
	=	141.26

Ether Capital'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 )
	=	209.606	+	18.592
	=	228.20

Ether Capital (NEOE:ETHC) Total Assets Explanation

Total Assets is connected with ROA %.

Ether Capital'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 )
	=	5.52	/	( (141.264	+	228.198)	/ 2 )
	=	5.52	/	184.731
	=	2.99 %

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.

Ether Capital'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 )
=	1.807	/	( (141.264	+	228.198)	/ 2 )
=	1.807	/	184.731
=	0.01

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.

Ether Capital Total Assets Related Terms

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Ether Capital (NEOE:ETHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ether Capital Corp (NEOE:ETHC) » Definitions » Total Assets

Comparable Companies

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DTSRF:USA 2KV:Germany

Address

130 Adelaide Street West, Suite 3100, 31st Floor, Toronto, ON, CAN, M5H 3P5

Website

https://www.ethcap.co

Ether Capital Corp is a Canada based technology company focused on becoming the central business and investment hub for the Ethereum ecosystem. Its portfolio includes Ether which is the native Ethereum crypto-asset and is the commodity-like fuel used to access the Ethereum network and broadcast transactions; MakerDao which is a decentralized credit platform built on Ethereum in which collateral is leveraged to produce a stable coin; and Wyre which is a cryptocurrency exchange and technology platform based in San Francisco that is focused on building compliant fiat-to-crypto on and off ramps.

Executives

Som Seif

Director, Senior Officer

Ether Capital (NEOE:ETHC) Headlines

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