Alphinat (Alphinat) Total Assets : $0.42 Mil (As of May. 2023)

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What is Alphinat Total Assets?

Alphinat's Total Assets for the quarter that ended in May. 2023 was $0.42 Mil.

During the past 12 months, Alphinat's average Total Assets Growth Rate was -25.70% per year. During the past 3 years, the average Total Assets Growth Rate was 29.10% per year. During the past 5 years, the average Total Assets Growth Rate was 14.10% per year. During the past 10 years, the average Total Assets Growth Rate was 0.80% per year.

During the past 13 years, Alphinat's highest 3-Year average Total Assets Growth Rate was 44.40%. The lowest was -22.30%. And the median was 2.40%.

Total Assets is connected with ROA %. Alphinat's annualized ROA % for the quarter that ended in May. 2023 was -3.44%. Total Assets is also linked to Revenue through Asset Turnover. Alphinat's Asset Turnover for the quarter that ended in May. 2023 was 0.63.

Alphinat Total Assets Historical Data

The historical data trend for Alphinat'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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Alphinat Total Assets Chart

Alphinat Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Total Assets

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0.22

0.42

0.52

0.49

Alphinat Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Total Assets	Get a 7-Day Free Trial															0.59	0.49	0.47	0.51	0.42

Alphinat 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.

Alphinat's Total Assets for the fiscal year that ended in Aug. 2022 is calculated as

Total Assets	=	Total Equity (A: Aug. 2022 )	+	Total Liabilities (A: Aug. 2022 )
	=	-0.613	+	1.102
	=	0.49

Alphinat's Total Assets for the quarter that ended in May. 2023 is calculated as

Total Assets	=	Total Equity (Q: May. 2023 )	+	Total Liabilities (Q: May. 2023 )
	=	-0.578	+	1.002
	=	0.42

Alphinat (OTCPK:APHTF) Total Assets Explanation

Total Assets is connected with ROA %.

Alphinat's annualized ROA % for the quarter that ended in May. 2023 is

ROA %	=	Net Income (Q: May. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: May. 2023 ))	/ count )
	=	-0.016	/	( (0.505	+	0.424)	/ 2 )
	=	-0.016	/	0.4645
	=	-3.44 %

Note: The Net Income data used here is four times the quarterly (May. 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.

Alphinat's Asset Turnover for the quarter that ended in May. 2023 is

	Asset Turnover
=	Revenue (Q: May. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: May. 2023 ))	/ count )
=	0.291	/	( (0.505	+	0.424)	/ 2 )
=	0.291	/	0.4645
=	0.63

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.

Alphinat Total Assets Related Terms

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Alphinat (Alphinat) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Alphinat Inc (OTCPK:APHTF) » Definitions » Total Assets

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Address

2000 2000 rue Peel Street, Suite 680, Montreal, QC, CAN, H3A 2W5

Website

https://www.alphinat.com

Alphinat Inc is a software company that has developed the SmartGuide suite that allows the user to create web applications and self-service tools that automate interactions between an organization and its customers, employees, and partners. Its software suite simplifies, accelerates and improves interactions with all business constituents. The company technology provides solutions to the public sector, healthcare, telecommunications, and financial institutions. It derives the majority of its revenue from solutions provider for Public Sector Agencies. Geographically, it generates maximum revenue from Canada and also has a presence in France, the United States, and Other Countries.