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Issuer Direct (Issuer Direct) Total Assets : $64.37 Mil (As of Mar. 2024)


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What is Issuer Direct Total Assets?

Issuer Direct's Total Assets for the quarter that ended in Mar. 2024 was $64.37 Mil.

Warning Sign:

If a company builds assets at 41.1% a year, faster than its revenue growth rate of 15.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Issuer Direct's average Total Assets Growth Rate was -3.70% per year. During the past 3 years, the average Total Assets Growth Rate was 57.10% per year. During the past 5 years, the average Total Assets Growth Rate was 41.10% per year. During the past 10 years, the average Total Assets Growth Rate was 22.60% per year.

During the past 13 years, Issuer Direct's highest 3-Year average Total Assets Growth Rate was 136.00%. The lowest was -0.10%. And the median was 37.50%.

Total Assets is connected with ROA %. Issuer Direct's annualized ROA % for the quarter that ended in Mar. 2024 was -0.86%. Total Assets is also linked to Revenue through Asset Turnover. Issuer Direct's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.


Issuer Direct Total Assets Historical Data

The historical data trend for Issuer Direct'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.

Issuer Direct Total Assets Chart

Issuer Direct Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.39 34.89 39.26 66.33 65.15

Issuer Direct 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.60 66.61 65.51 65.15 64.37

Issuer Direct 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.

Issuer Direct'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 )
=35.42+29.732
=65.15

Issuer Direct'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 )
=35.18+29.191
=64.37

* 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.


Issuer Direct  (AMEX:ISDR) Total Assets Explanation

Total Assets is connected with ROA %.

Issuer Direct'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 )
=-0.556/( (65.152+64.371)/ 2 )
=-0.556/64.7615
=-0.86 %

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.

Issuer Direct'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 )
=6.962/( (65.152+64.371)/ 2 )
=6.962/64.7615
=0.11

* 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.

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.

Issuer Direct Total Assets Related Terms

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Issuer Direct (Issuer Direct) Business Description

Traded in Other Exchanges
Address
One Glenwood Avenue, Suite 1001, Raleigh, NC, USA, 27603
Issuer Direct Corp is a communications and compliance company. It focuses on the needs of corporate issuers. It provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies. The company serves a diverse range of client base in the financial services industry, including brokerage firms, banks, mutual funds, accounting and the legal communities. Its current brands and products include the following: Issuer Direct, Accesswire, Investor Network, Blueprint, Classify, iProxy Direct, iR Direct and annual report service. Its primary geographic markets are North America and Europe of which North America contributes the vast majority of total revenue.
Executives
Brian R Balbirnie director, 10 percent owner, officer: Chairman & CEO C/O ISSUER DIRECT CORP., 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
J. Patrick Galleher director 11 S. 12TH STREET, RICHMOND VA 23219
William H Everett director 6 ARROWWOOD LANE, ANDOVER MA 01810
Steven Winfield Knerr officer: Chief Financial Officer 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
Timothy Pitoniak officer: Chief Financial Officer 8651 10TH ST N, APT 132, ST. PETERSBURG FL 33702
Marti Beller Lazear director 1000 CENTRAL AVENUE, ST. PETERSBURG FL 33705
Graeme P. Rein director 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Eric Alan Frank director 23 WASHINGTON AVENUE, IRVINGTON NY 10533
Michael Joseph Nowlan director 336 GLENGARRY AVE., NORTH YORK A6 M5M1E6
Red Oak Partners, Llc 10 percent owner 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Wesley T Pollard officer: Chief Financial Officer 10109 SPORTING CLUB DR, RALEIGH NC 27617
James Michael 10 percent owner 5321 RIDGELOCH PLACE, RALEIGH NC 27612
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
Andre Boisvert director 46939 BAYSIDE PKWY, FREMONT CA 94538
Lori A Jones officer: Chief Executive Officer 8310 N. NEW BRAUNFELS, SUITE 205, SAN ANTONIO TX 78217