GURUFOCUS.COM » STOCK LIST » Technology » Software » Glidelogic Corp (OTCPK:GDLG) » Definitions » Total Assets

GDLG (Glidelogic) Total Assets : $0.01 Mil (As of Oct. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Glidelogic Total Assets?

Glidelogic's Total Assets for the quarter that ended in Oct. 2024 was $0.01 Mil.

During the past 12 months, Glidelogic's average Total Assets Growth Rate was -57.10% per year. During the past 3 years, the average Total Assets Growth Rate was 71.00% per year.

During the past 4 years, Glidelogic's highest 3-Year average Total Assets Growth Rate was 71.00%. The lowest was 71.00%. And the median was 71.00%.

Total Assets is connected with ROA %. Glidelogic's annualized ROA % for the quarter that ended in Oct. 2024 was 977.78%. Total Assets is also linked to Revenue through Asset Turnover. Glidelogic's Asset Turnover for the quarter that ended in Oct. 2024 was 4.89.

Glidelogic Total Assets Historical Data

The historical data trend for Glidelogic'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.

Glidelogic Total Assets Chart

Glidelogic Annual Data
Trend Jan21 Jan22 Jan23 Jan24
Total Assets
- 0.04 0.02 0.01

Glidelogic Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.01 0.01 - - 0.01

Glidelogic 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.

Glidelogic's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=-0.01+0.015
=0.01

Glidelogic's Total Assets for the quarter that ended in Oct. 2024 is calculated as

Total Assets=Total Equity (Q: Oct. 2024 )+Total Liabilities (Q: Oct. 2024 )
=-0.017+0.022
=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.

Glidelogic  (OTCPK:GDLG) Total Assets Explanation

Total Assets is connected with ROA %.

Glidelogic's annualized ROA % for the quarter that ended in Oct. 2024 is

ROA %=Net Income (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=0.044/( (0.004+0.005)/ 2 )
=0.044/0.0045
=977.78 %

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

Glidelogic's Asset Turnover for the quarter that ended in Oct. 2024 is

Asset Turnover
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=0.022/( (0.004+0.005)/ 2 )
=0.022/0.0045
=4.89

* 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.

Glidelogic Total Assets Related Terms

Thank you for viewing the detailed overview of Glidelogic's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Glidelogic Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Glidelogic Corp (OTCPK:GDLG) » Definitions » Total Assets
Comparable Companies
NUKK PHUN AVAI CURR ALTS IDN RDZN DHX INUV LPSN XTER:SAP CRM INTU NOW ADBE UBER TSX:SHOP ADP APP MSTR
Traded in Other Exchanges
N/A
Address
11264 Playa Court, Culver, CA, USA, 90230
Website
https://www.glidelogic.ai
Glidelogic Corp is a software development company that is developing an online platform and messenger. It offers software development, encryption, blockchain technologies, and related lines of business aimed at the broad public. It focuses on users whose primary significance in a messenger application is the security and privacy of sent data. Alongside with software related services the company provides software development consulting services.