GlobalBlock Digital Asset Trading (GlobalBlock Digital Asset Trading) Total Assets : $0.57 Mil (As of Sep. 2023)

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What is GlobalBlock Digital Asset Trading Total Assets?

GlobalBlock Digital Asset Trading's Total Assets for the quarter that ended in Sep. 2023 was $0.57 Mil.

During the past 12 months, GlobalBlock Digital Asset Trading's average Total Assets Growth Rate was -99.90% per year. During the past 3 years, the average Total Assets Growth Rate was 284.10% per year. During the past 5 years, the average Total Assets Growth Rate was 308.70% per year. During the past 10 years, the average Total Assets Growth Rate was -15.70% per year.

During the past 13 years, GlobalBlock Digital Asset Trading's highest 3-Year average Total Assets Growth Rate was 284.10%. The lowest was -95.90%. And the median was 12.00%.

Total Assets is connected with ROA %. GlobalBlock Digital Asset Trading's annualized ROA % for the quarter that ended in Sep. 2023 was -34.37%. Total Assets is also linked to Revenue through Asset Turnover. GlobalBlock Digital Asset Trading's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

GlobalBlock Digital Asset Trading Total Assets Historical Data

The historical data trend for GlobalBlock Digital Asset Trading'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.

GlobalBlock Digital Asset Trading Total Assets Chart

GlobalBlock Digital Asset Trading Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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14.22

3.74

3.45

34.97

10.02

GlobalBlock Digital Asset Trading Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															19.49	10.02	0.26	0.68	0.57

GlobalBlock Digital Asset Trading 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.

GlobalBlock Digital Asset Trading's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	0.766	+	9.25
	=	10.02

GlobalBlock Digital Asset Trading'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 )
	=	0.518	+	0.056
	=	0.57

GlobalBlock Digital Asset Trading (OTCPK:BLVDF) Total Assets Explanation

Total Assets is connected with ROA %.

GlobalBlock Digital Asset Trading'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 )
	=	-0.216	/	( (0.683	+	0.574)	/ 2 )
	=	-0.216	/	0.6285
	=	-34.37 %

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.

GlobalBlock Digital Asset Trading'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	/	( (0.683	+	0.574)	/ 2 )
=	0	/	0.6285
=	0.00

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.

GlobalBlock Digital Asset Trading Total Assets Related Terms

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GlobalBlock Digital Asset Trading (GlobalBlock Digital Asset Trading) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GlobalBlock Digital Asset Trading Ltd (OTCPK:BLVDF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

BLOK.H:Canada

Address

65 Curzon Street, London, GBR, W1J 8PE

Website

https://www.globalblockdigital.com

GlobalBlock Digital Asset Trading Ltd is a digital asset broker that provides a personalized telephone brokerage service, trading platform, and mobile application. The company acts as a trusted agent serving the digital asset needs of individuals, corporates, institutional financial firms, and intermediaries, providing the best execution trading and safe custody of digital assets.

GlobalBlock Digital Asset Trading (GlobalBlock Digital Asset Trading) Headlines

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