INND (Innerscope Hearing Technologies) Total Assets: $1.68 Mil (As of Dec. 2020)


What is Innerscope Hearing Technologies Total Assets?

Innerscope Hearing Technologies INND -50.00% Total Assets is $1.68 Mil as of Dec. 2020.

Innerscope Hearing Technologies's Total Assets for the quarter that ended in Dec. 2020 was $1.68 Mil.

Total Assets is connected with ROA %. Innerscope Hearing Technologies's annualized ROA % for the quarter that ended in Dec. 2020 was -133.30%. Total Assets is also linked to Revenue through Asset Turnover. Innerscope Hearing Technologies's Asset Turnover for the quarter that ended in Dec. 2020 was 0.01.

Innerscope Hearing Technologies  (OTCPK:INND) Total Assets Explanation

Total Assets is connected with ROA %.

Innerscope Hearing Technologies's annualized ROA % for the quarter that ended in Dec. 2020 is

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=-2.98/( (2.788+1.683)/ 2 )
=-2.98/2.2355
=-133.30 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) 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.

Innerscope Hearing Technologies's Asset Turnover for the quarter that ended in Dec. 2020 is

Asset Turnover
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=0.022/( (2.788+1.683)/ 2 )
=0.022/2.2355
=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.

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.

Innerscope Hearing Technologies Total Assets Related Terms

Innerscope Hearing Technologies Total Assets Historical Data

* Premium members only.

The historical data trend for Innerscope Hearing Technologies'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.

Innerscope Hearing Technologies Total Assets Chart

Innerscope Hearing Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Assets
Get a 7-Day Free Trial 0.66 1.51 2.89 3.18 1.68

Innerscope Hearing Technologies Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.18 3.00 2.87 2.79 1.68

Innerscope Hearing Technologies 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.

Innerscope Hearing Technologies's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=-10.353+12.036
=1.68

Innerscope Hearing Technologies's Total Assets for the quarter that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (Q: Dec. 2020 )+Total Liabilities (Q: Dec. 2020 )
=-10.353+12.036
=1.68

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $1.68 Mil mean?
Innerscope Hearing Technologies (INND) has a Total Assets of $1.68 Mil as of Dec. 2020. The total amount of assets as recorded on a company's balance sheet. View historical data on Innerscope Hearing Technologies and its competitors.
Is Innerscope Hearing Technologies' Total Assets too high?
Innerscope Hearing Technologies' current Total Assets is $1.68 Mil.
How does Innerscope Hearing Technologies' Total Assets compare to NWCN and NCAP?
Innerscope Hearing Technologies' Total Assets of $1.68 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Medical Devices & Instruments company?
A good Total Assets depends on the Medical Devices & Instruments industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Innerscope Hearing Technologies and its competitors. Innerscope Hearing Technologies's current Total Assets is $1.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innerscope Hearing Technologies stock overvalued right now?
Innerscope Hearing Technologies (INND) has a current Total Assets of $1.68 Mil. The current Total Assets is $1.68 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Innerscope Hearing Technologies (INND), the current Total Assets is $1.68 Mil as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Innerscope Hearing Technologies Business Description

Address 2151 Professional Drive, Suite 105, Roseville, CA, USA, 95661
Innerscope Hearing Technologies Inc is a manufacturer and distributor of OTC Hearing Aids, Hearing Aid Accessories & Hearing Health-Related Products (Hearing Products) dedicated to addressing the demand for affordable hearing solutions. The company operates retail hearing device clinics in California. InnerScope is focused on leveraging these strategic assets to identify, incubate, and support health-technology ventures positioned for growth in public markets and long-term shareholder value creation.