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OpenLocker Holdings (OpenLocker Holdings) Total Assets : $0.03 Mil (As of Jan. 2024)


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What is OpenLocker Holdings Total Assets?

OpenLocker Holdings's Total Assets for the quarter that ended in Jan. 2024 was $0.03 Mil.

During the past 12 months, OpenLocker Holdings's average Total Assets Growth Rate was -99.90% per year. During the past 3 years, the average Total Assets Growth Rate was -36.50% per year.

During the past 4 years, OpenLocker Holdings's highest 3-Year average Total Assets Growth Rate was -36.50%. The lowest was -36.50%. And the median was -36.50%.

Total Assets is connected with ROA %. OpenLocker Holdings's annualized ROA % for the quarter that ended in Jan. 2024 was -1,375.61%. Total Assets is also linked to Revenue through Asset Turnover. OpenLocker Holdings's Asset Turnover for the quarter that ended in Jan. 2024 was 0.20.


OpenLocker Holdings Total Assets Historical Data

The historical data trend for OpenLocker Holdings'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.

OpenLocker Holdings Total Assets Chart

OpenLocker Holdings Annual Data
Trend Dec19 Dec20 Jul22 Jul23
Total Assets
0.04 0.05 5.82 0.03

OpenLocker Holdings Quarterly Data
Dec19 Dec20 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.23 5.15 0.03 0.05 0.03

OpenLocker Holdings 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.

OpenLocker Holdings's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (A: Jul. 2023 )+Total Liabilities (A: Jul. 2023 )
=-0.098+0.124
=0.03

OpenLocker Holdings's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=-0.378+0.406
=0.03

* 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.


OpenLocker Holdings  (OTCPK:OLKR) Total Assets Explanation

Total Assets is connected with ROA %.

OpenLocker Holdings's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-0.564/( (0.053+0.029)/ 2 )
=-0.564/0.041
=-1,375.61 %

Note: The Net Income data used here is four times the quarterly (Jan. 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.

OpenLocker Holdings's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0.008/( (0.053+0.029)/ 2 )
=0.008/0.041
=0.20

* 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.

OpenLocker Holdings Total Assets Related Terms

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OpenLocker Holdings (OpenLocker Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1700 Palm Beach Lakes Boulevard, Suite 820, West Palm Beach, FL, USA, 33401
OpenLocker Holdings Inc connects the digital and the physical worlds by offering real-world utility and a physical token of ownership to fans who purchase a digital collectible on its Web3 platform. It offers a FanTech platform for athletes and brands to redefine and unlock value for their fans and audience. It builds and engaged communities and opens doors to Name, Image, and Likeness (NIL) revenue opportunities for student-athletes that previously did not exist. Its portfolio consists of Bone Yard Huskyz Ckub, Gataverse, Open Stable, and Others.
Executives
Abby Eileen Klatsky 10 percent owner 12 WINSOR PLACE, GLEN RIDGE NJ 07028
Brendan John O'brien 10 percent owner 575 JERICHO TURNPIKE, SUITE 307, JERICHO NY 11753
Brian Lance Klatsky director, officer: President, OpenLocker Inc. 320 BROAD STREET, RED BANK NJ 07701
Lauren Blair Klatsky officer: COO of OpenLocker Inc. 320 BROAD STREET, RED BANK NJ 07701
Laura E Anthony director, 10 percent owner, officer: President LAURA ANTHONY, 120 S. OLIVE AVE, WEST PALM BEACH FL 33401
Howard Gostfrand director, 10 percent owner, officer: Chief Executive Officer 625 N. FLAGLER DRIVE, SUITE 600, WEST PALM BEACH FL 33401
Meir Wexler director, officer: Chief Investment Officer 2123 DUNWOODY GLN, DUNWOODY GA 30338
Aleksandr Rubin director, officer: CEO, PFO, PAO 400 SUNNY ISLES BLVD, APT 1019, NORTH MIAMI FL 33160
Balance Labs, Inc. 10 percent owner 407 LINCOLN ROAD, SUITE 701, MIAMI BEACH FL 33139
Jason Lyons 10 percent owner 612 HOWARD STREET, SAN FRANCISCO CA 94549
Mikael Lundgren officer: President 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Mid Atlantic Capital Associates Inc. officer: President 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Wayne A Root director, 10 percent owner 5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Douglas R Miller director, officer: President and COO 5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Roger Lee Harrison director 8455 BEVERLY BLVD, STE 407, WEST HOLLYWOOD CA 90048

OpenLocker Holdings (OpenLocker Holdings) Headlines

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