Xeriant (Xeriant) Total Assets : $0.45 Mil (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Xeriant Total Assets?

Xeriant's Total Assets for the quarter that ended in Mar. 2024 was $0.45 Mil.

During the past 12 months, Xeriant's average Total Assets Growth Rate was -71.00% per year. During the past 3 years, the average Total Assets Growth Rate was -21.90% per year.

During the past 13 years, Xeriant's highest 3-Year average Total Assets Growth Rate was 737.10%. The lowest was -71.90%. And the median was 37.45%.

Total Assets is connected with ROA %. Xeriant's annualized ROA % for the quarter that ended in Mar. 2024 was -517.73%. Total Assets is also linked to Revenue through Asset Turnover. Xeriant's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Xeriant Total Assets Historical Data

The historical data trend for Xeriant'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.

Xeriant Total Assets Chart

Xeriant Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

0.26

1.15

1.27

0.17

Xeriant 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															0.37	0.17	0.26	0.13	0.45

Xeriant 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.

Xeriant's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	-6.62	+	6.787
	=	0.17

Xeriant'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 )
	=	-8.165	+	8.617
	=	0.45

Xeriant (OTCPK:XERI) Total Assets Explanation

Total Assets is connected with ROA %.

Xeriant'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 )
	=	-1.504	/	( (0.129	+	0.452)	/ 2 )
	=	-1.504	/	0.2905
	=	-517.73 %

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.

Xeriant'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	/	( (0.129	+	0.452)	/ 2 )
=	0	/	0.2905
=	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.

Xeriant Total Assets Related Terms

Thank you for viewing the detailed overview of Xeriant's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Xeriant (Xeriant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Xeriant Inc (OTCPK:XERI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3998 FAU Boulevard, Suite 309, Innovation Centre No.1, Boca Raton, FL, USA, 33431

Website

https://www.xeriant.com

Xeriant Inc is a holding and operating company focused on acquiring, developing, and commercializing revolutionary, eco-friendly technologies with applications in aerospace, including innovative aircraft concepts targeting emerging opportunities within the aviation industry. In 2019, Xeriant acquired a unique, scalable, multi-purpose VTOL aerial platform called Halo, which is protected under a broad utility patent. Xeriant is located at the Research Park at Florida Atlantic University in Boca Raton, Florida adjacent to the Boca Raton Airport.

Executives

Edward C. Defeudis	director	604 ARIZONA AVENUE, SANTA MONICA CA 90401
Brendan Macpherson	director, 10 percent owner, officer: Chief Executive Officer	76 WILLIAM ST, PADDINGTON C3 2021
Macpherson Belinda Storelli	director, 10 percent owner, officer: Chief Creative Officer	76 WILLIAM ST., PADDINGTON C3 2021
Raymond Key	10 percent owner	396 FRANKTON-LADIES MILE HIGHWAY, QUEENSTOWN Q2 9304
Richard C Fox	director, officer: Interim CEO: Interim CFO	131 COURT ST. #11, EXETER NH 03833
Randy S Bayne	officer: President, Encom Group, Inc.
Aqmen Family Holdings, Llc	10 percent owner	13403 OAK ALLEY LANE, CYPRESS TX 77429
Eman Mark Van	10 percent owner, officer: See Remark Below	13403 OAK ALLEY LANE, CYPRESS TX 77429
Bradley W Miller	director, 10 percent owner, officer: CEO	BLOCK C FLAT 410, LOTUS HILL GOLF APTS., LOTUS HILL TOWN, PANYU DISTRICT, GUANGZHOU F4 511440
Nicole Machelle Stacy	officer: Secretary	3330 EAST 36TH, APT. #18, TULSA OK 74035