SMX (Security Matters) (SMX (Security Matters)) Total Assets : $51.16 Mil (As of Dec. 2023)

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What is SMX (Security Matters) Total Assets?

SMX (Security Matters)'s Total Assets for the quarter that ended in Dec. 2023 was $51.16 Mil.

During the past 12 months, SMX (Security Matters)'s average Total Assets Growth Rate was 415.60% per year. During the past 3 years, the average Total Assets Growth Rate was 131.20% per year.

During the past 4 years, SMX (Security Matters)'s highest 3-Year average Total Assets Growth Rate was 131.20%. The lowest was 131.20%. And the median was 131.20%.

Total Assets is connected with ROA %. SMX (Security Matters)'s annualized ROA % for the quarter that ended in Dec. 2023 was 78.77%. Total Assets is also linked to Revenue through Asset Turnover. SMX (Security Matters)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

SMX (Security Matters) Total Assets Historical Data

The historical data trend for SMX (Security Matters)'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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SMX (Security Matters) Total Assets Chart

SMX (Security Matters) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

8.47

10.34

11.29

51.16

SMX (Security Matters) Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			10.34	9.37	11.29	10.26	51.16

SMX (Security Matters) 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.

SMX (Security Matters)'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 )
	=	32.244	+	18.916
	=	51.16

SMX (Security Matters)'s Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	32.244	+	18.916
	=	51.16

SMX (Security Matters) (NAS:SMX) Total Assets Explanation

Total Assets is connected with ROA %.

SMX (Security Matters)'s annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	24.19	/	( (10.258	+	51.16)	/ 2 )
	=	24.19	/	30.709
	=	78.77 %

Note: The Net Income data used here is two times the semi-annual (Dec. 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.

SMX (Security Matters)'s Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (10.258	+	51.16)	/ 2 )
=	0	/	30.709
=	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.

SMX (Security Matters) Total Assets Related Terms

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SMX (Security Matters) (SMX (Security Matters)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SMX (Security Matters) PLC (NAS:SMX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sussex Road, Mespil Business Centre, Mespil House, Dublin, IRL, D04 T4A6

Website

https://smx.tech/home

SMX (Security Matters) PLC provides one solution to solve both authentication and track and trace challenges in order to uphold supply chain integrity and provide quality assurance and brand accountability to producers of goods. Its technology works as a track and trace system using a marker, a reader, and an algorithm to identify embedded sub-molecular particles in order to track and trace different components along a production process (or any other marked good along a supply chain) to the end producer.