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Tribe Property Technologies (TSXV:TRBE) Total Assets : C$18.81 Mil (As of Sep. 2023)


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What is Tribe Property Technologies Total Assets?

Tribe Property Technologies's Total Assets for the quarter that ended in Sep. 2023 was C$18.81 Mil.

During the past 12 months, Tribe Property Technologies's average Total Assets Growth Rate was -5.60% per year.

Total Assets is connected with ROA %. Tribe Property Technologies's annualized ROA % for the quarter that ended in Sep. 2023 was -44.05%. Total Assets is also linked to Revenue through Asset Turnover. Tribe Property Technologies's Asset Turnover for the quarter that ended in Sep. 2023 was 0.26.


Tribe Property Technologies Total Assets Historical Data

The historical data trend for Tribe Property 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.

Tribe Property Technologies Total Assets Chart

Tribe Property Technologies Annual Data
Trend Apr20 Dec21 Dec22
Total Assets
2.93 18.38 26.06

Tribe Property Technologies Quarterly Data
Jan20 Apr20 Sep20 Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 30.23 26.06 23.51 - 18.81

Tribe Property 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.

Tribe Property Technologies'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 )
=17.645+8.41
=26.06

Tribe Property Technologies's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=10.582+8.225
=18.81

* 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.


Tribe Property Technologies  (TSXV:TRBE) Total Assets Explanation

Total Assets is connected with ROA %.

Tribe Property Technologies's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-8.284/( (0+18.806)/ 1 )
=-8.284/18.806
=-44.05 %

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.

Tribe Property Technologies's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=4.799/( (0+18.806)/ 1 )
=4.799/18.806
=0.26

* 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.

Tribe Property Technologies Total Assets Related Terms

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Tribe Property Technologies (TSXV:TRBE) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1606, Vancouver, BC, CAN, V6E 3Z3
Tribe Property Technologies Inc is a property technology company engaged in offering technology-enabled property management services to meet the needs of developers, condominium and residential communities, owners and residents. As a tech-forward property management company, Tribe's integrated service-technology delivery model serves the needs of stakeholders than traditional service providers. The company's platform decreases customer acquisition costs, increases retention, and allows for the addition of value-added products and services through the platform.
Executives
Joseph Nakhla 10% Security Holder, Director, Senior Officer

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