Hypercharge Networks (TSXV:HC) Total Assets : C$7.39 Mil (As of Dec. 2023)

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What is Hypercharge Networks Total Assets?

Hypercharge Networks's Total Assets for the quarter that ended in Dec. 2023 was C$7.39 Mil.

During the past 12 months, Hypercharge Networks's average Total Assets Growth Rate was -63.10% per year.

Total Assets is connected with ROA %. Hypercharge Networks's annualized ROA % for the quarter that ended in Dec. 2023 was -117.48%. Total Assets is also linked to Revenue through Asset Turnover. Hypercharge Networks's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Hypercharge Networks Total Assets Historical Data

The historical data trend for Hypercharge Networks'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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Hypercharge Networks Total Assets Chart

Hypercharge Networks Annual Data

Trend

Aug21

Total Assets

3.28

Hypercharge Networks Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Dec22	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial							9.30	7.93	10.49	9.15	7.39

Hypercharge Networks 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.

Hypercharge Networks's Total Assets for the fiscal year that ended in Aug. 2021 is calculated as

Total Assets	=	Total Equity (A: Aug. 2021 )	+	Total Liabilities (A: Aug. 2021 )
	=	2.247	+	1.037
	=	3.28

Hypercharge Networks'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 )
	=	5.135	+	2.25
	=	7.39

Hypercharge Networks (TSXV:HC) Total Assets Explanation

Total Assets is connected with ROA %.

Hypercharge Networks's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-9.712	/	( (9.149	+	7.385)	/ 2 )
	=	-9.712	/	8.267
	=	-117.48 %

Note: The Net Income data used here is four times the quarterly (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.

Hypercharge Networks's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.582	/	( (9.149	+	7.385)	/ 2 )
=	0.582	/	8.267
=	0.07

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.

Hypercharge Networks Total Assets Related Terms

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Hypercharge Networks (TSXV:HC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hypercharge Networks Corp (TSXV:HC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

HCNWF:USA PB7:Germany

Address

1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4

Website

https://www.hypercharge.com

Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, and maintenance contracts.

Executives

Jason Baybutt

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Hypercharge Networks (TSXV:HC) Headlines

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