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GMTH (GMTech) Total Assets : $1.00 Mil (As of Jan. 2025)


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What is GMTech Total Assets?

GMTech's Total Assets for the quarter that ended in Jan. 2025 was $1.00 Mil.

During the past 12 months, GMTech's average Total Assets Growth Rate was 350.00% per year.

Total Assets is connected with ROA %. GMTech's annualized ROA % for the quarter that ended in Jan. 2025 was -238.57%. Total Assets is also linked to Revenue through Asset Turnover. GMTech's Asset Turnover for the quarter that ended in Jan. 2025 was 0.00.

GMTech Total Assets Historical Data

The historical data trend for GMTech'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.

GMTech Total Assets Chart

GMTech Annual Data
Trend Oct23 Oct24
Total Assets
0.02 0.12

GMTech Quarterly Data
Jan23 Jul23 Oct23 Jan24 Jul24 Oct24 Jan25
Total Assets Get a 7-Day Free Trial 0.02 0.01 0.11 0.12 1.00

GMTech 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.

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

Total Assets=Total Equity (A: Oct. 2024 )+Total Liabilities (A: Oct. 2024 )
=0.109+0.008
=0.12

GMTech's Total Assets for the quarter that ended in Jan. 2025 is calculated as

Total Assets=Total Equity (Q: Jan. 2025 )+Total Liabilities (Q: Jan. 2025 )
=-0.225+1.228
=1.00

* 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.

GMTech  (OTCPK:GMTH) Total Assets Explanation

Total Assets is connected with ROA %.

GMTech's annualized ROA % for the quarter that ended in Jan. 2025 is

ROA %=Net Income (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=-1.336/( (0.117+1.003)/ 2 )
=-1.336/0.56
=-238.57 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) 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.

GMTech's Asset Turnover for the quarter that ended in Jan. 2025 is

Asset Turnover
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=0/( (0.117+1.003)/ 2 )
=0/0.56
=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.

GMTech Total Assets Related Terms

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GMTech Business Description

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Traded in Other Exchanges
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Address
45 Rockefeller Plaza, 21st Floor, New York, NY, USA, 10111
Website
https://www.gmtech.fr
GMTech Inc is a holding company. Through its subsidiary, the company offers IT consulting services and development solutions for CRM systems, corporate websites, and mobile phone Apps. In addition to the IT consulting services, It is also planning to develop an automated and AI-powered development tool (AI-Development Tool) that can be used by small and medium businesses to design, develop, and maintain their CRM system, websites, and Apps more efficiently and automatically with fewer needs of external engineers and consultants.

GMTech Headlines

From GuruFocus

GMTech Inc. Announces the Launch of WEB3 Smartphone EARSON

By ACCESSWIRE • 01-06-2025