Globalink Investment (Globalink Investment) Total Assets : $29.19 Mil (As of Mar. 2024)

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What is Globalink Investment Total Assets?

Globalink Investment's Total Assets for the quarter that ended in Mar. 2024 was $29.19 Mil.

During the past 12 months, Globalink Investment's average Total Assets Growth Rate was -75.70% per year.

Total Assets is connected with ROA %. Globalink Investment's annualized ROA % for the quarter that ended in Mar. 2024 was -5.17%. Total Assets is also linked to Revenue through Asset Turnover. Globalink Investment's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Globalink Investment Total Assets Historical Data

The historical data trend for Globalink Investment'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.

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Globalink Investment Total Assets Chart

Globalink Investment Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

117.96

118.70

28.87

Globalink Investment Quarterly Data
	Aug21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial						120.21	50.95	51.61	28.87	29.19

Globalink Investment 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.

Globalink Investment'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 )
	=	20.675	+	8.198
	=	28.87

Globalink Investment's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	20.3	+	8.89
	=	29.19

Globalink Investment (NAS:GLLI) Total Assets Explanation

Total Assets is connected with ROA %.

Globalink Investment's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-1.5	/	( (28.873	+	29.189)	/ 2 )
	=	-1.5	/	29.031
	=	-5.17 %

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

Globalink Investment's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (28.873	+	29.189)	/ 2 )
=	0	/	29.031
=	0.00

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.

Globalink Investment Total Assets Related Terms

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Globalink Investment (Globalink Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Globalink Investment Inc (NAS:GLLI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1180 Avenue of the Americas, 8th Floor, New York, NY, USA, 10036

Website

Globalink Investment Inc is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Zeng Yenn Chin	director, officer: Chief Financial Officer	1180 AVENUE OF AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Hong Shien Beh	director	1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Kian Huat Lai	director	1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Hui Liang Wong	director	1180 AVENUE OF THE AMERICAS,, 8 FLOOR,, NEW YORK NY 10036
Say Leong Lim	director, officer: Director and CEO	1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Ming Hang Chong	director, officer: Director and CFO	27-2A, THE TAMARIND, JALAN SERI TANJUNG, PINANG 1, TANJUNG TOKONG, PENANG N8 10470