POSAF (POSaBIT Systems) Total Assets : $7.40 Mil (As of Mar. 2025)

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What is POSaBIT Systems Total Assets?

POSaBIT Systems's Total Assets for the quarter that ended in Mar. 2025 was $7.40 Mil.

Warning Sign:

If a company builds assets at 49% a year, faster than its revenue growth rate of 29.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, POSaBIT Systems's average Total Assets Growth Rate was -35.40% per year. During the past 3 years, the average Total Assets Growth Rate was 34.40% per year. During the past 5 years, the average Total Assets Growth Rate was 49.00% per year.

During the past 8 years, POSaBIT Systems's highest 3-Year average Total Assets Growth Rate was 785.20%. The lowest was 34.40%. And the median was 81.50%.

Total Assets is connected with ROA %. POSaBIT Systems's annualized ROA % for the quarter that ended in Mar. 2025 was -56.18%. Total Assets is also linked to Revenue through Asset Turnover. POSaBIT Systems's Asset Turnover for the quarter that ended in Mar. 2025 was 0.36.

POSaBIT Systems Total Assets Historical Data

The historical data trend for POSaBIT Systems'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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POSaBIT Systems Total Assets Chart

POSaBIT Systems Annual Data

Trend

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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3.69

7.90

15.23

13.16

8.60

POSaBIT Systems Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Total Assets	Get a 7-Day Free Trial															11.83	11.80	10.64	8.60	7.40

POSaBIT Systems 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.

POSaBIT Systems's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	0.459	+	8.145
	=	8.60

POSaBIT Systems's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2025 )	+	Total Liabilities (Q: Mar. 2025 )
	=	-0.563	+	7.966
	=	7.40

POSaBIT Systems (OTCPK:POSAF) Total Assets Explanation

Total Assets is connected with ROA %.

POSaBIT Systems's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %	=	Net Income (Q: Mar. 2025 )	/	( (Total Assets (Q: Dec. 2024 )	+	Total Assets (Q: Mar. 2025 ))	/ count )
	=	-4.496	/	( (8.604	+	7.403)	/ 2 )
	=	-4.496	/	8.0035
	=	-56.18 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) 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.

POSaBIT Systems's Asset Turnover for the quarter that ended in Mar. 2025 is

	Asset Turnover
=	Revenue (Q: Mar. 2025 )	/	( (Total Assets (Q: Dec. 2024 )	+	Total Assets (Q: Mar. 2025 ))	/ count )
=	2.843	/	( (8.604	+	7.403)	/ 2 )
=	2.843	/	8.0035
=	0.36

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.

POSaBIT Systems Total Assets Related Terms

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POSaBIT Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » POSaBIT Systems Corp (OTCPK:POSAF) » Definitions » Total Assets

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PBIT:Canada

Address

4786 1st Avenue S, Suite 102, Seattle, WA, USA, 98005

Website

https://www.posabit.com

POSaBIT Systems Corp is a financial technology company. The company involves the point-of-sale arrangements designed to offer consumers an easy way to purchase goods and services. The company offers Payment Services and Point-of-Sale (POS) Services. The company earns revenue from Payment services, Point-of-Sale (POS) Services, License of technology, and Support services related to its sale of license. The company also earns revenue from rental and sale of hardware related to its payment and POS services.