Global Mofy Metaverse's Total Assets for the quarter that ended in Sep. 2023 was $27.12 Mil.
During the past 12 months, Global Mofy Metaverse's average Total Assets Growth Rate was 115.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 76.50% per year.
During the past 4 years, Global Mofy Metaverse's highest 3-Year average Total Assets Growth Rate was 76.50%. The lowest was 76.50%. And the median was 76.50%.
Global Mofy Metaverse Total Assets Historical Data
The historical data trend for Global Mofy Metaverse'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.
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.
Global Mofy Metaverse's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
Global Mofy Metaverse (NAS:GMM) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Sep. 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.
Global Mofy Metaverse's Asset Turnover for the quarter that ended in Sep. 2023 is
* 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.
Global Mofy Metaverse Total Assets Related Terms
Thank you for viewing the detailed overview of Global Mofy Metaverse's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Mofy Metaverse (Global Mofy Metaverse) Business Description
No. A12, Xidian Memory Cultural and Creative Town, No. 102, 1st Floor, Gaobeidian Township, Chaoyang District, Beijing, CHN, 100000
Website
Global Mofy Metaverse Ltd operates as a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry. It utilizes its proprietary Mofy Lab technology platform which consists of three-dimensional (3D) rebuilt technology and artificial intelligence (AI) interactive technology to create a 3D high-definition virtual version of a wide range of physical world objects such as human, animal, and scenes which can be used in different applications.
Global Mofy Metaverse (Global Mofy Metaverse) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GMM has been successfully added to your