Droneshield (Droneshield) Total Assets : $64.96 Mil (As of Dec. 2023)

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What is Droneshield Total Assets?

Droneshield's Total Assets for the quarter that ended in Dec. 2023 was $64.96 Mil.

During the past 12 months, Droneshield's average Total Assets Growth Rate was 168.80% per year. During the past 3 years, the average Total Assets Growth Rate was 80.60% per year. During the past 5 years, the average Total Assets Growth Rate was 66.00% per year.

During the past 8 years, Droneshield's highest 3-Year average Total Assets Growth Rate was 90.40%. The lowest was 47.80%. And the median was 80.60%.

Total Assets is connected with ROA %. Droneshield's annualized ROA % for the quarter that ended in Dec. 2023 was 29.88%. Total Assets is also linked to Revenue through Asset Turnover. Droneshield's Asset Turnover for the quarter that ended in Dec. 2023 was 0.52.

Droneshield Total Assets Historical Data

The historical data trend for Droneshield'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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Droneshield Total Assets Chart

Droneshield Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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6.46

17.42

13.12

17.01

64.96

Droneshield Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial											13.12	11.85	17.01	44.96	64.96

Droneshield 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.

Droneshield'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 )
	=	49.873	+	15.088
	=	64.96

Droneshield'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 )
	=	49.873	+	15.088
	=	64.96

Droneshield (OTCPK:DRSHF) Total Assets Explanation

Total Assets is connected with ROA %.

Droneshield'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 )
	=	16.424	/	( (44.958	+	64.961)	/ 2 )
	=	16.424	/	54.9595
	=	29.88 %

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.

Droneshield'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 )
=	28.61	/	( (44.958	+	64.961)	/ 2 )
=	28.61	/	54.9595
=	0.52

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.

Droneshield Total Assets Related Terms

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Droneshield (Droneshield) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Droneshield Ltd (OTCPK:DRSHF) » Definitions » Total Assets

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DRH:Germany DRO:Australia

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.droneshield.com

Droneshield Ltd develops and sells hardware and software for the detection of drones. The principal activity of the Company is the development, commercialisation and sales of hardware and software technology for drone detection and security. Its products include DroneGun Tactical, DroneCannon, DroneNode, and DroneShield Complete. The company provides its solutions to government and military, airports, commercial venues, prisons, and critical infrastructure. Its geographical segments are the United States and Australia.

Droneshield (Droneshield) Headlines

From GuruFocus

DroneShield Awarded Record $33 Million U.S. Government Contract

By PRNewswire • 07-17-2023