GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Leet Technology Inc (OTCPK:LTES) » Definitions » Total Assets

LTES (Leet Technology) Total Assets : $0.27 Mil (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Leet Technology Total Assets?

Leet Technology's Total Assets for the quarter that ended in Dec. 2024 was $0.27 Mil.

During the past 12 months, Leet Technology's average Total Assets Growth Rate was 103.50% per year. During the past 3 years, the average Total Assets Growth Rate was 4.20% per year. During the past 5 years, the average Total Assets Growth Rate was 23.40% per year. During the past 10 years, the average Total Assets Growth Rate was 32.30% per year.

During the past 11 years, Leet Technology's highest 3-Year average Total Assets Growth Rate was 164.50%. The lowest was -68.10%. And the median was 71.70%.

Total Assets is connected with ROA %. Leet Technology's annualized ROA % for the quarter that ended in Dec. 2024 was -53.19%. Total Assets is also linked to Revenue through Asset Turnover. Leet Technology's Asset Turnover for the quarter that ended in Dec. 2024 was 0.03.

Leet Technology Total Assets Historical Data

The historical data trend for Leet Technology'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.

Leet Technology Total Assets Chart

Leet Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.23 0.34 0.13 0.27

Leet Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.13 0.20 0.31 0.46 0.27

Leet Technology 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.

Leet Technology's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=-10.105+10.372
=0.27

Leet Technology's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=-10.105+10.372
=0.27

* 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.

Leet Technology  (OTCPK:LTES) Total Assets Explanation

Total Assets is connected with ROA %.

Leet Technology's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-0.192/( (0.455+0.267)/ 2 )
=-0.192/0.361
=-53.19 %

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

Leet Technology's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.012/( (0.455+0.267)/ 2 )
=0.012/0.361
=0.03

* 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.

Leet Technology Total Assets Related Terms

Thank you for viewing the detailed overview of Leet Technology's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Leet Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Leet Technology Inc (OTCPK:LTES) » Definitions » Total Assets
Comparable Companies
BREA HHSE HOFV CPOP MVNC BLMZ MMVVF LDSN STGZ VNUE NFLX DIS XAMS:UMG LYV WBD FOXA FWONA XPAR:BOL WMG NWSA
Traded in Other Exchanges
N/A
Address
Jalan Othman, 805, 8th Floor, Menara Mutiara Majestic, Petaling Jaya, SGR, MYS, 46000
Website
https://www.myleet.com
Leet Technology Inc is a technology company developing and operating platforms focused on eSports platform in Malaysia. Its gaming platform allows tournament organizers, brands, players, and game developers to organize esports tournaments utilizing their platform tools.
Executives
Dai Song director, 10 percent owner, officer: CEO, CFO, Secretary 803 & 805, 8TH FLOOR, MENARA MUTIARA MAJECTIC, JALAN OTHMAN, PETALING JAYA N8 46000
Doheny Group, Llc 10 percent owner 1702 S. ROBERTSON BLVD, #111, LOS ANGELES CA 90035
David Haridim director, 10 percent owner, officer: Pres., CEO, CFO, Secretary 1427 S ROBERTSON BLVD, LOS ANGELES CA 90035
Laurence Wainer director, 10 percent owner, officer: President 137 SOUTH ROBERSTON BOULEVARD, BEVERLY HILLS CA 90211
James M Cassidy other: former president and director 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop other: former vp and director 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212