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Gamer Pakistan (Gamer Pakistan) Total Assets : $0.29 Mil (As of Sep. 2023)


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What is Gamer Pakistan Total Assets?

Gamer Pakistan's Total Assets for the quarter that ended in Sep. 2023 was $0.29 Mil.

During the past 12 months, Gamer Pakistan's average Total Assets Growth Rate was 8300.00% per year.

Total Assets is connected with ROA %. Gamer Pakistan's annualized ROA % for the quarter that ended in Sep. 2023 was -205.71%. Total Assets is also linked to Revenue through Asset Turnover. Gamer Pakistan's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.


Gamer Pakistan Total Assets Historical Data

The historical data trend for Gamer Pakistan'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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Gamer Pakistan Total Assets Chart

Gamer Pakistan Annual Data
Trend Dec21 Dec22
Total Assets
- 0.26

Gamer Pakistan Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Assets Get a 7-Day Free Trial - 0.26 0.43 0.37 0.29

Gamer Pakistan 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.

Gamer Pakistan's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=0.233+0.025
=0.26

Gamer Pakistan's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=-0.081+0.374
=0.29

* 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.


Gamer Pakistan  (NAS:GPAK) Total Assets Explanation

Total Assets is connected with ROA %.

Gamer Pakistan's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-0.684/( (0.372+0.293)/ 2 )
=-0.684/0.3325
=-205.71 %

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

Gamer Pakistan's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (0.372+0.293)/ 2 )
=0/0.3325
=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.

Gamer Pakistan Total Assets Related Terms

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Gamer Pakistan (Gamer Pakistan) Business Description

Traded in Other Exchanges
N/A
Address
35 E Horizon Ridge Parkway, Suite 110-481, Henderson, NV, USA, 89002-7906
Website
Gamer Pakistan Inc is an interactive esports event promotion and product marketing company. It conducts its operations in Pakistan through K2 Gamer (PVT) Ltd. Its initial focus is on creating college, inter-university and professional esports events for both men's and women's teams, particularly esports opportunities with colleges and universities in Pakistan.