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APT Systems (APT Systems) Total Assets : $0.22 Mil (As of Oct. 2018)


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What is APT Systems Total Assets?

APT Systems's Total Assets for the quarter that ended in Oct. 2018 was $0.22 Mil.

Total Assets is connected with ROA %. APT Systems's annualized ROA % for the quarter that ended in Oct. 2018 was -598.04%. Total Assets is also linked to Revenue through Asset Turnover. APT Systems's Asset Turnover for the quarter that ended in Oct. 2018 was 0.00.


APT Systems Total Assets Historical Data

The historical data trend for APT Systems'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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APT Systems Total Assets Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Total Assets
Get a 7-Day Free Trial 0.04 0.01 0.01 0.12 0.18

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 0.12 0.18 0.21 0.19 0.22

APT Systems 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.

APT Systems's Total Assets for the fiscal year that ended in Jan. 2018 is calculated as

Total Assets=Total Equity (A: Jan. 2018 )+Total Liabilities (A: Jan. 2018 )
=-0.639+0.815
=0.18

APT Systems's Total Assets for the quarter that ended in Oct. 2018 is calculated as

Total Assets=Total Equity (Q: Oct. 2018 )+Total Liabilities (Q: Oct. 2018 )
=-1.526+1.743
=0.22

* 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.


APT Systems  (OTCPK:APTY) Total Assets Explanation

Total Assets is connected with ROA %.

APT Systems's annualized ROA % for the quarter that ended in Oct. 2018 is

ROA %=Net Income (Q: Oct. 2018 )/( (Total Assets (Q: Jul. 2018 )+Total Assets (Q: Oct. 2018 ))/ count )
=-1.22/( (0.191+0.217)/ 2 )
=-1.22/0.204
=-598.04 %

Note: The Net Income data used here is four times the quarterly (Oct. 2018) 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.

APT Systems's Asset Turnover for the quarter that ended in Oct. 2018 is

Asset Turnover
=Revenue (Q: Oct. 2018 )/( (Total Assets (Q: Jul. 2018 )+Total Assets (Q: Oct. 2018 ))/ count )
=0.001/( (0.191+0.217)/ 2 )
=0.001/0.204
=0.00

* 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.

APT Systems Total Assets Related Terms

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APT Systems (APT Systems) Business Description

Traded in Other Exchanges
N/A
Address
505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
APT Systems Inc operates as a Fintech company to engage in the creation of innovative financial platforms, and financial apps and imagining new visual solutions for charting the financial markets. The company has studied and participated in Know Your Customer and Anti-Money Laundering data managing techniques used by large financial institutions to create risk management reports and validate identity claims for persons accessing financial applications. The company is also developing credentials for verifying and reporting on an accredited investor's status.