Asian Television Network International (Asian Television Network International) Total Assets : $4.60 Mil (As of Sep. 2023)

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What is Asian Television Network International Total Assets?

Asian Television Network International's Total Assets for the quarter that ended in Sep. 2023 was $4.60 Mil.

During the past 12 months, Asian Television Network International's average Total Assets Growth Rate was -18.70% per year. During the past 3 years, the average Total Assets Growth Rate was 9.20% per year. During the past 5 years, the average Total Assets Growth Rate was 7.50% per year. During the past 10 years, the average Total Assets Growth Rate was -2.10% per year.

During the past 13 years, Asian Television Network International's highest 3-Year average Total Assets Growth Rate was 50.00%. The lowest was -16.50%. And the median was 3.50%.

Total Assets is connected with ROA %. Asian Television Network International's annualized ROA % for the quarter that ended in Sep. 2023 was 5.53%. Total Assets is also linked to Revenue through Asset Turnover. Asian Television Network International's Asset Turnover for the quarter that ended in Sep. 2023 was 0.31.

Asian Television Network International Total Assets Historical Data

The historical data trend for Asian Television Network International'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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Asian Television Network International Total Assets Chart

Asian Television Network International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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7.40

6.34

5.34

6.48

5.56

Asian Television Network International Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															5.69	5.56	5.41	5.24	4.60

Asian Television Network International 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.

Asian Television Network International'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 )
	=	1.072	+	4.484
	=	5.56

Asian Television Network International'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 )
	=	0.999	+	3.596
	=	4.60

Asian Television Network International (OTCPK:AITVF) Total Assets Explanation

Total Assets is connected with ROA %.

Asian Television Network International'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 )
	=	0.272	/	( (5.239	+	4.595)	/ 2 )
	=	0.272	/	4.917
	=	5.53 %

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.

Asian Television Network International'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 )
=	1.502	/	( (5.239	+	4.595)	/ 2 )
=	1.502	/	4.917
=	0.31

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.

Asian Television Network International Total Assets Related Terms

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Asian Television Network International (Asian Television Network International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Asian Television Network International Ltd (OTCPK:AITVF) » Definitions » Total Assets

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SAT:Canada

Address

330 Cochrane Drive, Markham, ON, CAN, L3R 8E4

Website

http://www.asiantelevision.com

Asian Television Network International Ltd is a Canadian-based company. Its activities consist of providing specialty, pay television broadcasting, and television broadcasting advertising for the South Asian community in Canada. The company operates Bollywood movies, sports, news, music, lifestyle, Chinese, Punjabi, and several regional language channels. It derives revenue from Subscriptions, Advertising, Programming, and other income.

Asian Television Network International (Asian Television Network International) Headlines

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