Quantum eMotion (TSXV:QNC) Total Assets : C$1.92 Mil (As of Mar. 2024)

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What is Quantum eMotion Total Assets?

Quantum eMotion's Total Assets for the quarter that ended in Mar. 2024 was C$1.92 Mil.

During the past 12 months, Quantum eMotion's average Total Assets Growth Rate was 8.70% per year. During the past 3 years, the average Total Assets Growth Rate was -4.70% per year. During the past 5 years, the average Total Assets Growth Rate was -3.20% per year. During the past 10 years, the average Total Assets Growth Rate was 10.60% per year.

During the past 13 years, Quantum eMotion's highest 3-Year average Total Assets Growth Rate was 125.40%. The lowest was -36.90%. And the median was 10.40%.

Total Assets is connected with ROA %. Quantum eMotion's annualized ROA % for the quarter that ended in Mar. 2024 was -110.50%. Total Assets is also linked to Revenue through Asset Turnover. Quantum eMotion's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Quantum eMotion Total Assets Historical Data

The historical data trend for Quantum eMotion'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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Quantum eMotion Total Assets Chart

Quantum eMotion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.94

0.67

3.10

4.04

1.65

Quantum eMotion Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															4.04	-	2.52	1.65	1.92

Quantum eMotion 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.

Quantum eMotion'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 )
	=	1.419	+	0.227
	=	1.65

Quantum eMotion'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 )
	=	1.699	+	0.216
	=	1.92

Quantum eMotion (TSXV:QNC) Total Assets Explanation

Total Assets is connected with ROA %.

Quantum eMotion'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 )
	=	-1.968	/	( (1.646	+	1.916)	/ 2 )
	=	-1.968	/	1.781
	=	-110.50 %

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.

Quantum eMotion'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	/	( (1.646	+	1.916)	/ 2 )
=	0	/	1.781
=	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.

Quantum eMotion Total Assets Related Terms

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Quantum eMotion (TSXV:QNC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Quantum eMotion Inc (TSXV:QNC) » Definitions » Total Assets

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QNCCF:USA

Address

2300 Alfred Nobel Boulevard, Suite 209, Montreal, QC, CAN, H4S 2A4

Website

https://www.quantumemotion.com

Quantum eMotion Inc is dedicated to developing of a new generation of quantum-safe encryption for the quantum computing age. It is a developer of a new generation of cryptographic solutions under the acquisition of licenses. It allows clients and partners to develop secure quantum-safe encryption that can protect anything from consumer and enterprise devices like mobile phones, computers, the Internet of Things, and networking equipment to demanding cloud-based applications, servers, and military devices.

Executives

Marc Rousseau

Director

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