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Jade Power Trust (Jade Power Trust) Total Assets : $3.10 Mil (As of Mar. 2024)


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What is Jade Power Trust Total Assets?

Jade Power Trust's Total Assets for the quarter that ended in Mar. 2024 was $3.10 Mil.

During the past 12 months, Jade Power Trust's average Total Assets Growth Rate was -91.50% per year. During the past 3 years, the average Total Assets Growth Rate was -83.30% per year. During the past 5 years, the average Total Assets Growth Rate was -60.90% per year.

During the past 10 years, Jade Power Trust's highest 3-Year average Total Assets Growth Rate was 73.10%. The lowest was -83.30%. And the median was -5.00%.

Total Assets is connected with ROA %. Jade Power Trust's annualized ROA % for the quarter that ended in Mar. 2024 was -9.36%. Total Assets is also linked to Revenue through Asset Turnover. Jade Power Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


Jade Power Trust Total Assets Historical Data

The historical data trend for Jade Power Trust'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.

Jade Power Trust Total Assets Chart

Jade Power Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.62 63.48 54.31 14.20 3.06

Jade Power Trust 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 12.52 6.74 6.31 3.06 3.10

Jade Power Trust 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.

Jade Power Trust'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 )
=2.227+0.829
=3.06

Jade Power Trust'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 )
=2.135+0.966
=3.10

* 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.


Jade Power Trust  (OTCPK:TNSTF) Total Assets Explanation

Total Assets is connected with ROA %.

Jade Power Trust'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 )
=-0.288/( (3.055+3.101)/ 2 )
=-0.288/3.078
=-9.36 %

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.

Jade Power Trust'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 )
=0/( (3.055+3.101)/ 2 )
=0/3.078
=0.00

* 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.

Jade Power Trust Total Assets Related Terms

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Jade Power Trust (Jade Power Trust) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Jade Power Trust is engaged in the energy business. It is focused on the development and generation of energy from clean energy sources. Its portfolio currently consists of wind, solar, and hydro power generation assets. The company owns and operates two wind projects named Baia and East Wind, two photovoltaic solar power production plants named Corabia and PowerLIVE, and two hydroelectric facilities named Rott and Zagra.

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