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AIAD (Aiadvertising) Total Assets : $1.27 Mil (As of Sep. 2024)


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What is Aiadvertising Total Assets?

Aiadvertising's Total Assets for the quarter that ended in Sep. 2024 was $1.27 Mil.

During the past 12 months, Aiadvertising's average Total Assets Growth Rate was -9.70% per year. During the past 3 years, the average Total Assets Growth Rate was 9.00% per year. During the past 5 years, the average Total Assets Growth Rate was -36.60% per year. During the past 10 years, the average Total Assets Growth Rate was 17.20% per year.

During the past 13 years, Aiadvertising's highest 3-Year average Total Assets Growth Rate was 279.50%. The lowest was -61.80%. And the median was 7.05%.

Total Assets is connected with ROA %. Aiadvertising's annualized ROA % for the quarter that ended in Sep. 2024 was -311.48%. Total Assets is also linked to Revenue through Asset Turnover. Aiadvertising's Asset Turnover for the quarter that ended in Sep. 2024 was 1.76.


Aiadvertising Total Assets Historical Data

The historical data trend for Aiadvertising'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.

Aiadvertising Total Assets Chart

Aiadvertising Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 0.65 4.35 0.56 0.94

Aiadvertising Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.11 0.94 2.06 1.27 1.27

Aiadvertising 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.

Aiadvertising'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 )
=-1.358+2.295
=0.94

Aiadvertising's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-1.788+3.053
=1.27

* 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.


Aiadvertising  (OTCPK:AIAD) Total Assets Explanation

Total Assets is connected with ROA %.

Aiadvertising's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-3.948/( (1.27+1.265)/ 2 )
=-3.948/1.2675
=-311.48 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

Aiadvertising's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=2.237/( (1.27+1.265)/ 2 )
=2.237/1.2675
=1.76

* 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.

Aiadvertising Total Assets Related Terms

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Aiadvertising Business Description

Traded in Other Exchanges
N/A
Address
1114 South Saint Mary’s Street, Suite 120, San Antonio, TX, USA, 78210
Aiadvertising Inc is a technology-driven provider of digital advertising solutions. The company's proprietary software empowers marketers by intelligently automating data-driven, repetitive tasks, and improving their ability to make predictions at scale. Its software platform harnesses the power of machine learning and artificial intelligence to eliminate guesswork, predict what works, and prove advertising's impact on financial results.
Executives
Hicks Thomas O Jr director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
James B. Renacci director C/O HILL INTERNATIONAL, INC., 2005 MARKET ST, 17TH FLOOR, PHILADELPHIA PA 19103
Texas Star Management Company, Llc director, 10 percent owner 18 DESTA DR., MIDLAND TX 79705
Hexagon Partners, Ltd. director, 10 percent owner 18 DESTA DR., MIDLAND TX 79705
Timothy M. Dunn director, 10 percent owner 18 DESTA DR., C/O TEXAS STAR MANAGEMENT COMPANY, LLC, MIDLAND TX 79705
John C Small officer: Chief Financial Officer 25 ROCK SHELTER ROAD, NEW YORK NY 10597
Mark D Fruehan director C/O AXESSTEL, INC., 6815 FLANDERS DR. #210, SAN DIEGO CA 92121
Virginia Rose O'meara director 809 CEDAR RD., SOUTHPORT CT 06890
Gerard Francis Hug, 10 percent owner 19 GUNTHERS VIEW, TOWACO NJ 07082
Maria Isabel Gongora officer: Chief Financial Officer 3790 BRAHMAN RD., BULVERDE TX 78163
Richard Berliner director C/O DIGITAL LOCATIONS, INC., 3700 STATE STREET, SUITE 350, SANTA BARBARA CA 93105
Kevin Michael Myers director 321 SIXTH STREET, SAN ANTONIO TX 78215
Bradley James Parscale director 618 CONTADORA, SAN ANTONIO TX 78258
Jonathan L Lei director, 10 percent owner, officer: CEO, President, CFO, Secretary 6144 CALLE REAL, SUITE 200, SANTA BARBARA CA 93117
Thunder Innovations Llc 10 percent owner 297 KINGSBURY GRADE, #100, PO BOX 4470, STATELINE NV 89449

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