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Halberd (Halberd) Total Assets : $0.01 Mil (As of Jul. 2023)


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What is Halberd Total Assets?

Halberd's Total Assets for the quarter that ended in Jul. 2023 was $0.01 Mil.

During the past 12 months, Halberd's average Total Assets Growth Rate was -28.60% per year.

Total Assets is connected with ROA %. Halberd's annualized ROA % for the quarter that ended in Jul. 2023 was -3,131.03%. Total Assets is also linked to Revenue through Asset Turnover. Halberd's Asset Turnover for the quarter that ended in Jul. 2023 was 0.21.


Halberd Total Assets Historical Data

The historical data trend for Halberd'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.

Halberd Total Assets Chart

Halberd Annual Data
Trend Jul08 Jul22 Jul23
Total Assets
0.34 0.02 0.01

Halberd Semi-Annual Data
Jul08 Jul22 Jul23
Total Assets 0.34 0.02 0.01

Halberd 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.

Halberd's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (A: Jul. 2023 )+Total Liabilities (A: Jul. 2023 )
=-0.926+0.939
=0.01

Halberd's Total Assets for the quarter that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (Q: Jul. 2023 )+Total Liabilities (Q: Jul. 2023 )
=-0.926+0.939
=0.01

* 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.


Halberd  (OTCPK:HALB) Total Assets Explanation

Total Assets is connected with ROA %.

Halberd's annualized ROA % for the quarter that ended in Jul. 2023 is

ROA %=Net Income (Q: Jul. 2023 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Jul. 2023 ))/ count )
=-0.454/( (0.017+0.012)/ 2 )
=-0.454/0.0145
=-3,131.03 %

Note: The Net Income data used here is one times the annual (Jul. 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.

Halberd's Asset Turnover for the quarter that ended in Jul. 2023 is

Asset Turnover
=Revenue (Q: Jul. 2023 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Jul. 2023 ))/ count )
=0.003/( (0.017+0.012)/ 2 )
=0.003/0.0145
=0.21

* 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.

Halberd Total Assets Related Terms

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Halberd (Halberd) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 25, Jackson Center, PA, USA, 16133
Halberd Corp is a research-based biotechnology company seeking to discover and develop medical treatments for a range of diseases. The Company's extracorporeal treatment is designed to treat hard-to-cure blood-borne, neurologic and infectious diseases. The Company's patented methodology removes the appropriate bodily fluid from the patient, in a continuous fashion, like dialysis, or in a batch process, like blood sample testing.
Executives
John Christopher Maddox director, 10 percent owner, officer: President, COO, Treasurer and, other: Interim CFO 10755 VERNON, HUNTINGTON WOODS MI 48070
Mark Sven Lundquist director, 10 percent owner, officer: CEO, Secretary and Director 24655 TUDOR LANE, FRANKLIN MI 48025
Cocco Nicholas A. Jr. director 50104 N. JIMMY COURT, CHESTERFIELD MI 48047-1898
Leland Michael Thomas director 280 LASALLE PLACE, GROSSE POINTE FARMS MI 88236