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Identillect Technologies Total Assets

: $0.18 Mil (As of Mar. 2022)
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Identillect Technologies's Total Assets for the quarter that ended in Mar. 2022 was $0.18 Mil.

During the past 12 months, Identillect Technologies's average Total Assets Growth Rate was 12.20% per year. During the past 3 years, the average Total Assets Growth Rate was -26.60% per year. During the past 5 years, the average Total Assets Growth Rate was -25.90% per year. During the past 10 years, the average Total Assets Growth Rate was 27.40% per year.

During the past 13 years, Identillect Technologies's highest 3-Year average Total Assets Growth Rate was 182.70%. The lowest was -45.50%. And the median was -17.30%.

Total Assets is connected with ROA %. Identillect Technologies's annualized ROA % for the quarter that ended in Mar. 2022 was -282.20%. Total Assets is also linked to Revenue through Asset Turnover. Identillect Technologies's Asset Turnover for the quarter that ended in Mar. 2022 was 1.02.


Identillect Technologies Total Assets Historical Data

The historical data trend for Identillect Technologies'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.

Identillect Technologies Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 0.30 0.20 0.11 0.13

Identillect Technologies Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.12 0.12 0.13 0.18

Identillect Technologies 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.

Identillect Technologies's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=-1.933+2.064
=0.13

Identillect Technologies's Total Assets for the quarter that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (Q: Mar. 2022 )+Total Liabilities (Q: Mar. 2022 )
=-1.262+1.441
=0.18

* 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.


Identillect Technologies  (OTCPK:IDTLF) Total Assets Explanation

Total Assets is connected with ROA %.

Identillect Technologies's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %=Net Income (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=-0.436/( (0.13+0.179)/ 2 )
=-0.436/0.1545
=-282.20 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) 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.

Identillect Technologies's Asset Turnover for the quarter that ended in Mar. 2022 is

Asset Turnover
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=0.158/( (0.13+0.179)/ 2 )
=0.158/0.1545
=1.02

* 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.

Identillect Technologies Total Assets Related Terms

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Identillect Technologies Business Description

Identillect Technologies logo
Industry
Technology » Software NAICS : 423430 SIC : 5744
Traded in Other Exchanges
Address
609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3
Identillect Technologies Corp is a software development company that design and developed an email encryption software solution to protect critical information. The company offers Delivery trust service; which is an email security solution, designed for small and medium-sized businesses. It offers a product like Delivery trust in Outlook Plugin, Office 365, Gmail Plugin, Web Only and Electronic Signatures. The company serves Accounting, Education Professionals, Financial, Legal, Medical, Real Estate, and Resource industries.
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