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Destiny Tech100 (Destiny Tech100) Total Assets : $53.46 Mil (As of Dec. 2023)


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What is Destiny Tech100 Total Assets?

Destiny Tech100's Total Assets for the quarter that ended in Dec. 2023 was $53.46 Mil.

During the past 12 months, Destiny Tech100's average Total Assets Growth Rate was 7.20% per year.

Total Assets is connected with ROA %. Destiny Tech100's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Destiny Tech100's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Destiny Tech100 Total Assets Historical Data

The historical data trend for Destiny Tech100'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.

Destiny Tech100 Total Assets Chart

Destiny Tech100 Annual Data
Trend Dec22 Dec23
Total Assets
61.89 53.46

Destiny Tech100 Quarterly Data
Dec22 Jun23 Dec23
Total Assets 61.89 56.08 53.46

Destiny Tech100 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.

Destiny Tech100's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=52.624+0.838
=53.46

Destiny Tech100's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=52.624+0.838
=53.46

* 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.

Destiny Tech100  (NYSE:DXYZ) Total Assets Explanation

Total Assets is connected with ROA %.

Destiny Tech100's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (56.077+53.462)/ 2 )
=0/54.7695
=0.00 %

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

Destiny Tech100's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (56.077+53.462)/ 2 )
=0/54.7695
=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.

Destiny Tech100 Total Assets Related Terms

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Destiny Tech100 (Destiny Tech100) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Destiny Tech100 Inc (NYSE:DXYZ) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
1401 Lavaca Street, No. 144, Austin, TX, USA, 78701
Website
https://www.destiny.xyz/tech100
Destiny Tech100 Inc is a non-diversified, closed-end management investment company. It invest in a portfolio of what believe to be 100 of the top venture-backed private technology companies.

Destiny Tech100 (Destiny Tech100) Headlines

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