DatChat (DatChat) Total Assets : $6.43 Mil (As of Mar. 2024)

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What is DatChat Total Assets?

DatChat's Total Assets for the quarter that ended in Mar. 2024 was $6.43 Mil.

During the past 12 months, DatChat's average Total Assets Growth Rate was -24.30% per year. During the past 3 years, the average Total Assets Growth Rate was 80.40% per year.

During the past 5 years, DatChat's highest 3-Year average Total Assets Growth Rate was 80.40%. The lowest was 33.20%. And the median was 56.80%.

Total Assets is connected with ROA %. DatChat's annualized ROA % for the quarter that ended in Mar. 2024 was -70.40%. Total Assets is also linked to Revenue through Asset Turnover. DatChat's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

DatChat Total Assets Historical Data

The historical data trend for DatChat'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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DatChat Total Assets Chart

DatChat Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

0.23

0.74

20.82

13.11

6.51

DatChat Quarterly Data
	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													11.29	9.73	7.98	6.51	6.43

DatChat 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.

DatChat'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 )
	=	6.1	+	0.407
	=	6.51

DatChat'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 )
	=	5.976	+	0.449
	=	6.43

DatChat (NAS:DATS) Total Assets Explanation

Total Assets is connected with ROA %.

DatChat'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 )
	=	-4.552	/	( (6.507	+	6.425)	/ 2 )
	=	-4.552	/	6.466
	=	-70.40 %

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.

DatChat'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	/	( (6.507	+	6.425)	/ 2 )
=	0	/	6.466
=	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.

DatChat Total Assets Related Terms

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DatChat (DatChat) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DatChat Inc (NAS:DATS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

204 Nielsen Street, New Brunswick, NJ, USA, 08901

Website

https://www.datchat.com

DatChat Inc is a blockchain, cybersecurity, and social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others. Its mobile messaging application is called DatChat Messenger which is a free messaging application.

Executives

Darin M Myman	officer: Chief Executive Officer	BIGSTRING CORPORATION, 3 HARDING ROAD, SUITE F, RED BANK NJ 07701
Brett Blumberg	officer: Chief Financial Officer	204 NEILSON STREET, NEW BRUNSWICK NJ 08901
Wayne Linsley	director	1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Carly Schumer	director	65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Dan Zeno	officer: Chief Operating Officer	65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Joseph Eugene Nelson	director	65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Vadim Mats	officer: CHIEF FINANCIAL OFFICER	285 GRAND AVENUE, ENGLEWOOD NJ 07631
Peter Shelus	director, officer: CHIEF TECHNOLOGY OFFICER	65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Gabriel Daniels	officer: CHIEF INFORMATION OFFICER	65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901