ImagineAR (ImagineAR) Total Assets : $0.14 Mil (As of Feb. 2024)

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What is ImagineAR Total Assets?

ImagineAR's Total Assets for the quarter that ended in Feb. 2024 was $0.14 Mil.

During the past 12 months, ImagineAR's average Total Assets Growth Rate was -87.70% per year. During the past 3 years, the average Total Assets Growth Rate was -17.10% per year. During the past 5 years, the average Total Assets Growth Rate was -60.70% per year. During the past 10 years, the average Total Assets Growth Rate was -11.90% per year.

During the past 13 years, ImagineAR's highest 3-Year average Total Assets Growth Rate was 526.90%. The lowest was -77.50%. And the median was -27.20%.

Total Assets is connected with ROA %. ImagineAR's annualized ROA % for the quarter that ended in Feb. 2024 was -522.96%. Total Assets is also linked to Revenue through Asset Turnover. ImagineAR's Asset Turnover for the quarter that ended in Feb. 2024 was 0.05.

ImagineAR Total Assets Historical Data

The historical data trend for ImagineAR'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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ImagineAR Total Assets Chart

ImagineAR Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

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5.25

3.65

3.44

0.50

0.16

ImagineAR Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial															0.20	0.47	0.16	0.38	0.14

ImagineAR 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.

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

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	-0.637	+	0.792
	=	0.16

ImagineAR's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	-0.562	+	0.696
	=	0.13

ImagineAR (OTCPK:IPNFF) Total Assets Explanation

Total Assets is connected with ROA %.

ImagineAR's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	-1.344	/	( (0.379	+	0.135)	/ 2 )
	=	-1.344	/	0.257
	=	-522.96 %

Note: The Net Income data used here is four times the quarterly (Feb. 2024) 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.

ImagineAR's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	0.013	/	( (0.379	+	0.135)	/ 2 )
=	0.013	/	0.257
=	0.05

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.

ImagineAR Total Assets Related Terms

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ImagineAR (ImagineAR) Business Description

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IP:Canada

Address

250-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7

Website

https://www.imaginear.com

ImagineAR Inc provides a mobile platform for companies to develop & implement Mobile Augmented Reality experiences instantly with no programming or technology experience. Its platform enables the users to point the mobile device at logos, signs, buildings, products, landmarks to instantly engage videos, information, advertisements, coupons, 3D holograms, and any interactive content hosted in the cloud. Its products include ImagineAR Mobile App, ImagineAR Cloud, ImagineAR SDK/API among others. The firm serves industries such as Sports / Live Events, Advertising / Promotions, Retail, and others.