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Coinsilium Group (Coinsilium Group) Total Assets : $5.18 Mil (As of Jun. 2023)


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What is Coinsilium Group Total Assets?

Coinsilium Group's Total Assets for the quarter that ended in Jun. 2023 was $5.18 Mil.

During the past 12 months, Coinsilium Group's average Total Assets Growth Rate was -6.20% per year. During the past 3 years, the average Total Assets Growth Rate was 13.00% per year. During the past 5 years, the average Total Assets Growth Rate was 14.40% per year.

During the past 8 years, Coinsilium Group's highest 3-Year average Total Assets Growth Rate was 38.10%. The lowest was -2.10%. And the median was 14.60%.

Total Assets is connected with ROA %. Coinsilium Group's annualized ROA % for the quarter that ended in Jun. 2023 was -5.25%. Total Assets is also linked to Revenue through Asset Turnover. Coinsilium Group's Asset Turnover for the quarter that ended in Jun. 2023 was 0.01.


Coinsilium Group Total Assets Historical Data

The historical data trend for Coinsilium Group'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.

Coinsilium Group Total Assets Chart

Coinsilium Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial 3.10 3.07 4.86 8.21 4.80

Coinsilium Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.77 8.21 6.11 4.80 5.18

Coinsilium Group 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.

Coinsilium Group'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 )
=4.622+0.177
=4.80

Coinsilium Group's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=5.109+0.068
=5.18

* 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.


Coinsilium Group  (OTCPK:CINGF) Total Assets Explanation

Total Assets is connected with ROA %.

Coinsilium Group's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=-0.262/( (4.799+5.177)/ 2 )
=-0.262/4.988
=-5.25 %

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

Coinsilium Group's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=0.071/( (4.799+5.177)/ 2 )
=0.071/4.988
=0.01

* 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.

Coinsilium Group Total Assets Related Terms

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Coinsilium Group (Coinsilium Group) Business Description

Traded in Other Exchanges
Address
Craigmuir Chambers, P.O. Box 71, Tortola, Road Town, VGB, VG1110
Coinsilium Group Ltd is engaged in investing in blockchain technologies with a focus on fintech. The company's segment includes Investing; Advisory and Corporate. It generates maximum revenue from the Investing segment. Geographically, it operates in the United Kingdom and the British Virgin Islands.

Coinsilium Group (Coinsilium Group) Headlines

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