DRNG (Drone Guarder) Total Assets: $0.52 Mil (As of Oct. 2018)


What is Drone Guarder Total Assets?

Drone Guarder DRNG -99.00% Total Assets is $0.52 Mil as of Oct. 2018.

Drone Guarder's Total Assets for the quarter that ended in Oct. 2018 was $0.52 Mil.

Total Assets is connected with ROA %. Drone Guarder's annualized ROA % for the quarter that ended in Oct. 2018 was -560.97%. Total Assets is also linked to Revenue through Asset Turnover. Drone Guarder's Asset Turnover for the quarter that ended in Oct. 2018 was 0.00.

Drone Guarder  (OTCPK:DRNG) Total Assets Explanation

Total Assets is connected with ROA %.

Drone Guarder'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 )
=-2.544/( (0.391+0.516)/ 2 )
=-2.544/0.4535
=-560.97 %

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.

Drone Guarder'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/( (0.391+0.516)/ 2 )
=0/0.4535
=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.

Drone Guarder Total Assets Related Terms

Drone Guarder Total Assets Historical Data

* Premium members only.

The historical data trend for Drone Guarder'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.

Drone Guarder Total Assets Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Total Assets
Get a 7-Day Free Trial 0.01 0.01 0.01 0.00 0.10

Drone Guarder 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 0.15 0.10 0.30 0.39 0.52

Drone Guarder 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.

Drone Guarder'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 )
=-0.708+0.806
=0.10

Drone Guarder'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 )
=-1.659+2.174
=0.52

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.52 Mil mean?
Drone Guarder (DRNG) has a Total Assets of $0.52 Mil as of Oct. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Drone Guarder and its competitors.
Is Drone Guarder's Total Assets too high?
Drone Guarder's current Total Assets is $0.52 Mil.
How does Drone Guarder's Total Assets compare to BLPG and VII?
Drone Guarder's Total Assets of $0.52 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Business Services company?
A good Total Assets depends on the Business Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Drone Guarder and its competitors. Drone Guarder's current Total Assets is $0.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drone Guarder stock overvalued right now?
Drone Guarder (DRNG) has a current Total Assets of $0.52 Mil. The current Total Assets is $0.52 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Drone Guarder (DRNG), the current Total Assets is $0.52 Mil as of Oct. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Drone Guarder Business Description

Address 370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the Drone Guarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. The targeted markets include the USA, Canada, Europe, South Africa and the Asia-Pacific region.