GDET (GD Entertainment & Technology) Total Assets: $1.46 Mil (As of Feb. 2006)


What is GD Entertainment & Technology Total Assets?

GD Entertainment & Technology GDET -99.00% Total Assets is $1.46 Mil as of Feb. 2006.

GD Entertainment & Technology's Total Assets for the quarter that ended in Feb. 2006 was $1.46 Mil.

Total Assets is connected with ROA %. GD Entertainment & Technology's annualized ROA % for the quarter that ended in Feb. 2006 was -94.16%. Total Assets is also linked to Revenue through Asset Turnover. GD Entertainment & Technology's Asset Turnover for the quarter that ended in Feb. 2006 was 0.57.

GD Entertainment & Technology  (OTCPK:GDET) Total Assets Explanation

Total Assets is connected with ROA %.

GD Entertainment & Technology's annualized ROA % for the quarter that ended in Feb. 2006 is

ROA %=Net Income (Q: Feb. 2006 )/( (Total Assets (Q: Nov. 2005 )+Total Assets (Q: Feb. 2006 ))/ count )
=-1.128/( (0.937+1.459)/ 2 )
=-1.128/1.198
=-94.16 %

Note: The Net Income data used here is four times the quarterly (Feb. 2006) 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.

GD Entertainment & Technology's Asset Turnover for the quarter that ended in Feb. 2006 is

Asset Turnover
=Revenue (Q: Feb. 2006 )/( (Total Assets (Q: Nov. 2005 )+Total Assets (Q: Feb. 2006 ))/ count )
=0.682/( (0.937+1.459)/ 2 )
=0.682/1.198
=0.57

* 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.

GD Entertainment & Technology Total Assets Related Terms

GD Entertainment & Technology Total Assets Historical Data

* Premium members only.

The historical data trend for GD Entertainment & Technology'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.

GD Entertainment & Technology Total Assets Chart

GD Entertainment & Technology Annual Data
Trend May01 May04 May05
Total Assets
1.00 0.81 0.91

GD Entertainment & Technology Quarterly Data
May01 Aug01 Nov01 Feb02 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 0.91 0.92 0.94 1.46

GD Entertainment & Technology 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.

GD Entertainment & Technology's Total Assets for the fiscal year that ended in May. 2005 is calculated as

Total Assets=Total Equity (A: May. 2005 )+Total Liabilities (A: May. 2005 )
=-2.395+3.305
=0.91

GD Entertainment & Technology's Total Assets for the quarter that ended in Feb. 2006 is calculated as

Total Assets=Total Equity (Q: Feb. 2006 )+Total Liabilities (Q: Feb. 2006 )
=-2.868+4.326
=1.46

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $1.46 Mil mean?
GD Entertainment & Technology (GDET) has a Total Assets of $1.46 Mil as of Feb. 2006. The total amount of assets as recorded on a company's balance sheet. View historical data on GD Entertainment & Technology and its competitors.
Is GD Entertainment & Technology's Total Assets too high?
GD Entertainment & Technology's current Total Assets is $1.46 Mil.
How does GD Entertainment & Technology's Total Assets compare to competitors?
GD Entertainment & Technology's Total Assets of $1.46 Mil can be compared against companies in the Personal 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 Personal Services company?
A good Total Assets depends on the Personal 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 GD Entertainment & Technology and its competitors. GD Entertainment & Technology's current Total Assets is $1.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GD Entertainment & Technology stock overvalued right now?
GD Entertainment & Technology (GDET) has a current Total Assets of $1.46 Mil. The current Total Assets is $1.46 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 GD Entertainment & Technology (GDET), the current Total Assets is $1.46 Mil as of Feb. 2006. 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.

GD Entertainment & Technology Business Description

Address 1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024
GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.