Qualstar's Total Assets for the quarter that ended in Sep. 2023 was $7.45 Mil.
During the past 12 months, Qualstar's average Total Assets Growth Rate was -21.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 20.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 0.60% per year.
During the past 10 years, the average Total Assets Growth Rate was -14.70% per year.
During the past 13 years, Qualstar's highest 3-Year average Total Assets Growth Rate was 22.60%. The lowest was -33.10%. And the median was -8.05%.
Total Assets is connected with ROA %. Qualstar's annualizedROA % for the quarter that ended in Sep. 2023 was 8.65%. Total Assets is also linked to Revenue through Asset Turnover. Qualstar's Asset Turnover for the quarter that ended in Sep. 2023 was 0.42.
Qualstar Total Assets Historical Data
The historical data trend for Qualstar'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.
Qualstar Annual Data
Trend
Jun10
Jun11
Jun12
Jun13
Jun14
Jun15
Dec16
Dec17
Dec18
Dec19
Total Assets
10.68
7.26
8.57
10.00
10.04
Qualstar Quarterly Data
Dec15
Mar16
Jun16
Sep16
Dec16
Mar17
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Sep22
Sep23
Total Assets
10.53
10.04
9.38
-
7.45
Qualstar 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.
Qualstar's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as
* 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.
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.
Qualstar's Asset Turnover for the quarter that ended in Sep. 2023 is
* 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.
Qualstar Total Assets Related Terms
Thank you for viewing the detailed overview of Qualstar's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. It has its geographic presence in North America, Europe.
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