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Quad M Solutions (Quad M Solutions) Total Assets : $9.91 Mil (As of Jun. 2023)


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What is Quad M Solutions Total Assets?

Quad M Solutions's Total Assets for the quarter that ended in Jun. 2023 was $9.91 Mil.

During the past 12 months, Quad M Solutions's average Total Assets Growth Rate was -2.90% per year.

Total Assets is connected with ROA %. Quad M Solutions's annualized ROA % for the quarter that ended in Jun. 2023 was -4.23%. Total Assets is also linked to Revenue through Asset Turnover. Quad M Solutions's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.


Quad M Solutions Total Assets Historical Data

The historical data trend for Quad M Solutions'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.

Quad M Solutions Total Assets Chart

Quad M Solutions Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22
Total Assets
Get a 7-Day Free Trial - 0.02 0.48 0.16 10.75

Quad M Solutions Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 11.21 12.26 10.75 9.93 9.91

Quad M Solutions 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.

Quad M Solutions's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=0.554+10.194
=10.75

Quad M Solutions's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=0.463+9.45
=9.91

* 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.


Quad M Solutions  (OTCPK:MMMM) Total Assets Explanation

Total Assets is connected with ROA %.

Quad M Solutions's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=-0.42/( (9.934+9.913)/ 2 )
=-0.42/9.9235
=-4.23 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) 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.

Quad M Solutions's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (9.934+9.913)/ 2 )
=0/9.9235
=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.

Quad M Solutions Total Assets Related Terms

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Quad M Solutions (Quad M Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1111 Belt Line Road, Suite 108E, Garland, TX, USA, 75040
Quad M Solutions Inc along with its subsidiaries is engaged in the business of providing staffing services, back-office services including accounting, payroll and a full complement of HR benefits in its role as a Professional Employer Organization. Along with this, the company is also engaged in providing health plans and comprehensive benefits, insurance consulting services, re-insurance, employer retirement benefit services to small and medium-sized businesses. It generates revenue from staffing and business consulting services.
Executives
Delaine Hess Gruber director, officer: president (effective 10/28/03 PO BOX 2796, COEUR D ALENE ID 83814

Quad M Solutions (Quad M Solutions) Headlines

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