Darelle Online Solutions (TSXV:DAR) Total Assets : C$0.02 Mil (As of Feb. 2024)

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What is Darelle Online Solutions Total Assets?

Darelle Online Solutions's Total Assets for the quarter that ended in Feb. 2024 was C$0.02 Mil.

During the past 12 months, Darelle Online Solutions's average Total Assets Growth Rate was -33.30% per year. During the past 3 years, the average Total Assets Growth Rate was -24.60% per year. During the past 5 years, the average Total Assets Growth Rate was -45.40% per year. During the past 10 years, the average Total Assets Growth Rate was 1.30% per year.

During the past 13 years, Darelle Online Solutions's highest 3-Year average Total Assets Growth Rate was 697.40%. The lowest was -74.50%. And the median was -24.60%.

Total Assets is connected with ROA %. Darelle Online Solutions's annualized ROA % for the quarter that ended in Feb. 2024 was -525.93%. Total Assets is also linked to Revenue through Asset Turnover. Darelle Online Solutions's Asset Turnover for the quarter that ended in Feb. 2024 was 0.19.

Darelle Online Solutions Total Assets Historical Data

The historical data trend for Darelle Online Solutions'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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Darelle Online Solutions Total Assets Chart

Darelle Online Solutions Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

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0.28

0.09

0.20

0.13

0.07

Darelle Online Solutions Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial															0.08	0.08	0.07	0.09	0.02

Darelle Online Solutions 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.

Darelle Online Solutions's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	-1.182	+	1.256
	=	0.07

Darelle Online Solutions's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	-1.276	+	1.292
	=	0.02

Darelle Online Solutions (TSXV:DAR) Total Assets Explanation

Total Assets is connected with ROA %.

Darelle Online Solutions's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	-0.284	/	( (0.092	+	0.016)	/ 2 )
	=	-0.284	/	0.054
	=	-525.93 %

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

Darelle Online Solutions's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	0.01	/	( (0.092	+	0.016)	/ 2 )
=	0.01	/	0.054
=	0.19

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.

Darelle Online Solutions Total Assets Related Terms

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Darelle Online Solutions (TSXV:DAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Darelle Online Solutions Inc (TSXV:DAR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4610 Sheridan Ridge Road, Nanaimo, BC, CAN, V9T 6S6

Website

https://www.darelle.com

Darelle Online Solutions Inc is a Canada-based company. The company is mainly engaged in providing an online raffle lottery system to charities. The online raffle program enables charitable and non-profit organizations to create, sell, deliver, and manage their raffle ticket and 50/50 draws completely online. In addition, the company is also engaged in the development of various software solutions that can be easily integrated with the customer's websites. The company's revenue consists of consideration from customers for set-up fees and processing fees.

Executives

Kyle Kotapski

10% Security Holder