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Integrated Cyber Solutions (XCNQ:ICS) Total Assets : C$0.07 Mil (As of Sep. 2023)


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What is Integrated Cyber Solutions Total Assets?

Integrated Cyber Solutions's Total Assets for the quarter that ended in Sep. 2023 was C$0.07 Mil.

During the past 12 months, Integrated Cyber Solutions's average Total Assets Growth Rate was -67.20% per year. During the past 3 years, the average Total Assets Growth Rate was -50.50% per year.

During the past 2 years, Integrated Cyber Solutions's highest 3-Year average Total Assets Growth Rate was -50.50%. The lowest was -50.50%. And the median was -50.50%.

Total Assets is connected with ROA %. Integrated Cyber Solutions's annualized ROA % for the quarter that ended in Sep. 2023 was -669.92%. Total Assets is also linked to Revenue through Asset Turnover. Integrated Cyber Solutions's Asset Turnover for the quarter that ended in Sep. 2023 was 1.11.


Integrated Cyber Solutions Total Assets Historical Data

The historical data trend for Integrated Cyber 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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Integrated Cyber Solutions Total Assets Chart

Integrated Cyber Solutions Annual Data
Trend Jun22 Jun23
Total Assets
0.16 0.06

Integrated Cyber Solutions Quarterly Data
Mar22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Assets Get a 7-Day Free Trial - 1.65 1.58 0.06 0.07

Integrated Cyber 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.

Integrated Cyber Solutions's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=-0.752+0.81
=0.06

Integrated Cyber Solutions's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=-0.838+0.904
=0.07

* 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.


Integrated Cyber Solutions  (XCNQ:ICS) Total Assets Explanation

Total Assets is connected with ROA %.

Integrated Cyber Solutions's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-0.412/( (0.057+0.066)/ 2 )
=-0.412/0.0615
=-669.92 %

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

Integrated Cyber Solutions's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.068/( (0.057+0.066)/ 2 )
=0.068/0.0615
=1.11

* 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.

Integrated Cyber Solutions Total Assets Related Terms

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Integrated Cyber Solutions (XCNQ:ICS) Business Description

Traded in Other Exchanges
N/A
Address
1 Stiles Road, Salem, NH, USA, 03079
Integrated Cyber Solutions Inc delivers cyber services to small-to-medium businesses by integrating various third-party security service providers into the IC360 operating system. In addition to providing key cybersecurity services, Integrated Cyber correlates information across multiple siloed platforms in their customers' environments to help them understand and manage their environments with simple, understandable, and actionable insights. The company emphasizes the human side of cybersecurity management, simplifying cyber concepts, and focusing on the critical role employee behavior plays in a company's cyber defenses. Its services include Vulnerability Management, MDR/XDR, and Cyber Training and awareness.

Integrated Cyber Solutions (XCNQ:ICS) Headlines

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