Plover Bay Technologies (Plover Bay Technologies) Total Assets : $85.28 Mil (As of Dec. 2023)

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What is Plover Bay Technologies Total Assets?

Plover Bay Technologies's Total Assets for the quarter that ended in Dec. 2023 was $85.28 Mil.

Warning Sign:

If a company builds assets at 25.8% a year, faster than its revenue growth rate of 18.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Plover Bay Technologies's average Total Assets Growth Rate was -10.90% per year. During the past 3 years, the average Total Assets Growth Rate was 20.20% per year. During the past 5 years, the average Total Assets Growth Rate was 25.80% per year. During the past 10 years, the average Total Assets Growth Rate was 23.50% per year.

During the past 11 years, Plover Bay Technologies's highest 3-Year average Total Assets Growth Rate was 41.40%. The lowest was 5.50%. And the median was 26.20%.

Total Assets is connected with ROA %. Plover Bay Technologies's annualized ROA % for the quarter that ended in Dec. 2023 was 38.66%. Total Assets is also linked to Revenue through Asset Turnover. Plover Bay Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 0.61.

Plover Bay Technologies Total Assets Historical Data

The historical data trend for Plover Bay Technologies'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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Plover Bay Technologies Total Assets Chart

Plover Bay Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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50.08

59.31

71.74

83.29

85.28

Plover Bay Technologies Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															71.74	74.45	83.29	77.97	85.28

Plover Bay Technologies 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.

Plover Bay Technologies'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 )
	=	50.224	+	35.051
	=	85.28

Plover Bay Technologies'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 )
	=	50.224	+	35.051
	=	85.28

Plover Bay Technologies (OTCPK:PBTDF) Total Assets Explanation

Total Assets is connected with ROA %.

Plover Bay Technologies's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	31.552	/	( (77.974	+	85.275)	/ 2 )
	=	31.552	/	81.6245
	=	38.66 %

Note: The Net Income data used here is two times the semi-annual (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.

Plover Bay Technologies's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	49.627	/	( (77.974	+	85.275)	/ 2 )
=	49.627	/	81.6245
=	0.61

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.

Plover Bay Technologies Total Assets Related Terms

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Plover Bay Technologies (Plover Bay Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Plover Bay Technologies Ltd (OTCPK:PBTDF) » Definitions » Total Assets

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01523:Hong Kong

Address

93 King Lam Street, Unit B, 5th Floor, Dragon Industrial Building, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

https://www.ploverbay.com

Plover Bay Technologies Ltd is an investment holding company. The Company and its subsidiaries are principally engaged in the research, design, development and marketing of Software Defined WAN (SD-WAN) routers and the provision of software licenses and warranty and support services. The Company's products and services are used by enterprise users, such as multinational companies, as well as industry users. The SD-WAN routers segment mainly offers wired and wireless routers bundled together with embedded software and firmware. The Company mainly operates its business in Hongkong, Taiwan, United States of America, Malaysia, Canada, Mexico, United Kingdom, Singapore, France, as well as Israel, among others.

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