StreaksAI (LSE:STK) Total Assets : £0.35 Mil (As of Aug. 2024)

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What is StreaksAI Total Assets?

StreaksAI's Total Assets for the quarter that ended in Aug. 2024 was £0.35 Mil.

During the past 12 months, StreaksAI's average Total Assets Growth Rate was -77.60% per year.

Total Assets is connected with ROA %. StreaksAI's annualized ROA % for the quarter that ended in Aug. 2024 was -157.94%. Total Assets is also linked to Revenue through Asset Turnover. StreaksAI's Asset Turnover for the quarter that ended in Aug. 2024 was 0.00.

StreaksAI Total Assets Historical Data

The historical data trend for StreaksAI'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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StreaksAI Total Assets Chart

StreaksAI Annual Data

Trend

Feb22

Feb23

Feb24

Total Assets

0.16

2.33

0.62

StreaksAI Semi-Annual Data
	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Total Assets	Get a 7-Day Free Trial			3.80	2.33	1.18	0.62	0.35

StreaksAI 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.

StreaksAI's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (A: Feb. 2024 )	+	Total Liabilities (A: Feb. 2024 )
	=	0.436	+	0.184
	=	0.62

StreaksAI's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2024 )	+	Total Liabilities (Q: Aug. 2024 )
	=	0.053	+	0.297
	=	0.35

StreaksAI (LSE:STK) Total Assets Explanation

Total Assets is connected with ROA %.

StreaksAI's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %	=	Net Income (Q: Aug. 2024 )	/	( (Total Assets (Q: Feb. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
	=	-0.766	/	( (0.62	+	0.35)	/ 2 )
	=	-0.766	/	0.485
	=	-157.94 %

Note: The Net Income data used here is two times the semi-annual (Aug. 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.

StreaksAI's Asset Turnover for the quarter that ended in Aug. 2024 is

	Asset Turnover
=	Revenue (Q: Aug. 2024 )	/	( (Total Assets (Q: Feb. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
=	0	/	( (0.62	+	0.35)	/ 2 )
=	0	/	0.485
=	0.00

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.

StreaksAI Total Assets Related Terms

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StreaksAI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » StreaksAI PLC (LSE:STK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NM1:Germany

Address

16 Great Queen Street, 9th Floor, London, GBR, WC2B 5DG

Website

https://www.streaks.ai

StreaksAI PLC is a provider of AI-based conversational technologies. The company offers products in the gaming and conversational AI space. Its product Streaks Social allows users to use and customise chatbots for their own experiences. It is free to use in a limited way and greater functionality is available at a subscription. The company is also developing products that are suited to the music management, sports management, and celebrity sectors which aid fan interaction and engagement.