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AZRS (Azzurro Solutions) Total Assets : $0.01 Mil (As of Jun. 2024)


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What is Azzurro Solutions Total Assets?

Azzurro Solutions's Total Assets for the quarter that ended in Jun. 2024 was $0.01 Mil.

Total Assets is connected with ROA %. Azzurro Solutions's annualized ROA % for the quarter that ended in Jun. 2024 was -400.00%. Total Assets is also linked to Revenue through Asset Turnover. Azzurro Solutions's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.


Azzurro Solutions Total Assets Historical Data

The historical data trend for Azzurro Solutions'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.

Azzurro Solutions Total Assets Chart

Azzurro Solutions Annual Data
Trend Sep21 Sep22 Sep23
Total Assets
0.01 0.01 -

Azzurro Solutions Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - 0.01 - 0.01

Azzurro Solutions 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.

Azzurro Solutions's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=-0.043+0.046
=0.00

Azzurro Solutions's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=-0.005+0.01
=0.01

* 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.


Azzurro Solutions  (OTCPK:AZRS) Total Assets Explanation

Total Assets is connected with ROA %.

Azzurro Solutions's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=-0.02/( (0+0.005)/ 1 )
=-0.02/0.005
=-400.00 %

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

Azzurro Solutions's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (0+0.005)/ 1 )
=0/0.005
=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.

Azzurro Solutions Total Assets Related Terms

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Azzurro Solutions Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
V Osikach, 24, Dolni Mecholupy, Prague, CZE, 10900
Website
Azzurro Solutions Corp is a shell company. It is a development stage company and the company's business is the distribution of Bohemian crystal chandeliers produced in the Czech Republic.

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