LQAVF (Liquid Avatar Technologies) Total Assets: $1.62 Mil (As of Sep. 2022)


What is Liquid Avatar Technologies Total Assets?

Liquid Avatar Technologies LQAVF -99.00% Total Assets is $1.62 Mil as of Sep. 2022.

Liquid Avatar Technologies's Total Assets for the quarter that ended in Sep. 2022 was $1.62 Mil.

Total Assets is connected with ROA %. Liquid Avatar Technologies's annualized ROA % for the quarter that ended in Sep. 2022 was -460.24%. Total Assets is also linked to Revenue through Asset Turnover. Liquid Avatar Technologies's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Liquid Avatar Technologies  (OTCPK:LQAVF) Total Assets Explanation

Total Assets is connected with ROA %.

Liquid Avatar Technologies's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=-6.632/( (1.263+1.619)/ 2 )
=-6.632/1.441
=-460.24 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

Liquid Avatar Technologies's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0.001/( (1.263+1.619)/ 2 )
=0.001/1.441
=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.

Liquid Avatar Technologies Total Assets Related Terms

Liquid Avatar Technologies Total Assets Historical Data

* Premium members only.

The historical data trend for Liquid Avatar 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.

Liquid Avatar Technologies Total Assets Chart

Liquid Avatar Technologies Annual Data
Trend Dec19 Dec20 Dec21
Total Assets
1.12 3.22 2.31

Liquid Avatar Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 2.22 2.31 1.40 1.26 1.62

Liquid Avatar 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.

Liquid Avatar Technologies's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=0.331+1.977
=2.31

Liquid Avatar Technologies's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=-4.351+5.97
=1.62

* 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 $1.62 Mil mean?
Liquid Avatar Technologies (LQAVF) has a Total Assets of $1.62 Mil as of Sep. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Liquid Avatar Technologies and its competitors.
Is Liquid Avatar Technologies' Total Assets too high?
Liquid Avatar Technologies' current Total Assets is $1.62 Mil.
How does Liquid Avatar Technologies' Total Assets compare to CRM and INTU?
Liquid Avatar Technologies' Total Assets of $1.62 Mil can be compared against companies in the Software 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 Software company?
A good Total Assets depends on the Software 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 Liquid Avatar Technologies and its competitors. Liquid Avatar Technologies's current Total Assets is $1.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liquid Avatar Technologies stock overvalued right now?
Liquid Avatar Technologies (LQAVF) has a current Total Assets of $1.62 Mil. The current Total Assets is $1.62 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 Liquid Avatar Technologies (LQAVF), the current Total Assets is $1.62 Mil as of Sep. 2022. 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.

Liquid Avatar Technologies Business Description

Address 7030 Woodbine Avenue, Suite 500, Markham, ON, CAN, L3R 6G2
Liquid Avatar Technologies Inc focuses on verification, management and monetization of Digital ID, letting users control and benefit from engagements. The Liquid Avatar App allows users to create facets of their online ID giving control over the use of the data through its biometrically based SSI, using blockchain tech. At no cost to consumers, Liquid Avatar gains revenues through permission-based offers and services, such as KABN Visa Card, KABN KASH and other services and marketplace programs.