Sphere 3D (Sphere 3D) Total Assets : $45.66 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Sphere 3D Total Assets?

Sphere 3D's Total Assets for the quarter that ended in Dec. 2023 was $45.66 Mil.

During the past 12 months, Sphere 3D's average Total Assets Growth Rate was -44.80% per year. During the past 3 years, the average Total Assets Growth Rate was 58.30% per year. During the past 5 years, the average Total Assets Growth Rate was 62.20% per year. During the past 10 years, the average Total Assets Growth Rate was 5.90% per year.

During the past 13 years, Sphere 3D's highest 3-Year average Total Assets Growth Rate was 1051.40%. The lowest was -56.20%. And the median was 86.50%.

Total Assets is connected with ROA %. Sphere 3D's annualized ROA % for the quarter that ended in Dec. 2023 was -66.95%. Total Assets is also linked to Revenue through Asset Turnover. Sphere 3D's Asset Turnover for the quarter that ended in Dec. 2023 was 0.15.

Sphere 3D Total Assets Historical Data

The historical data trend for Sphere 3D'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.

Sphere 3D Total Assets Chart

Sphere 3D Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

8.41

11.83

275.92

83.02

45.66

Sphere 3D Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															83.02	74.90	71.28	59.10	45.66

Sphere 3D 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.

Sphere 3D'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 )
	=	26.523	+	19.14
	=	45.66

Sphere 3D'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 )
	=	26.523	+	19.14
	=	45.66

Sphere 3D (NAS:ANY) Total Assets Explanation

Total Assets is connected with ROA %.

Sphere 3D'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 )
	=	-35.068	/	( (59.096	+	45.663)	/ 2 )
	=	-35.068	/	52.3795
	=	-66.95 %

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.

Sphere 3D'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 )
=	7.69	/	( (59.096	+	45.663)	/ 2 )
=	7.69	/	52.3795
=	0.15

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.

Sphere 3D Total Assets Related Terms

Thank you for viewing the detailed overview of Sphere 3D's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Sphere 3D (Sphere 3D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sphere 3D Corp (NAS:ANY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

8S3:Germany

Address

4 Greenwich Office Park, Suite 100, 1st Floor, Greenwich, CT, USA, 06831

Website

https://www.sphere3d.com

Sphere 3D Corp provides solutions for stand-alone storage and technologies that converge the traditional silos of compute, storage, and network into integrated hyper-converged or converged solution. Its Disk systems include HVE Converged and Hyper-converged Infrastructure. It generates the majority of its revenue from the services it offers. All of its revenue comes from the Americas. The Company has two operating segments: Digital Mining and Service and Product. The Digital Mining segment generates revenue from the digital currency, it earns through its bitcoin mining activities. The Service and Product segment generates revenue from long-term customer contracts for service contracts and extended service contract and the sale of products related to the Company's data storage product line.

Executives

Kurt L. Kalbfleisch	officer: SVP and CFO	C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Joseph O'daniel	officer: President	100 EXECUTIVE CT. , SUITE 2, WAXAHACHIE TX 75165
Patricia Trompeter	director, officer: CEO	309 LUKES WOOD ROAD, NEW CANAAN CT 06840
Duncan J Mcewan	director	SPHERE 3D CORP, 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Timothy P. Hanley	director	9796 NICKEL RIDGE CIRCLE, NAPLES FL 34120
David C. Danziger	director	717 WAREHOUSE STREET, LOS ANGELES CA 90021
Sue Harnett	director	P.O. BOX 195115, SAN JUAN PR 00919-5115
Vivekanand Mahadevan	director	OVERLAND STORAGE, INC., 9112 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123
Mf Ventures, Llc	10 percent owner	201 SPEAR STREET, 14TH FLOOR, SAN FRANCISCO CA 94105
Cyrus Capital Partners, L.p.	10 percent owner	65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Fbc Holdings S.a.r.l.	10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Stephen C Freidheim	10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Cyrus Capital Partners Gp, Llc	10 percent owner	65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Jenny C Yeh	officer: SVP & General Counsel	SPHERE 3D CORP, 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Eric Kelly	director, officer: CEO & Chairman	691 S. MILPITAS BLVD, MILPITAS CA 95035