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MMND (Mastermind) Total Assets : $2.82 Mil (As of Sep. 2024)


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What is Mastermind Total Assets?

Mastermind's Total Assets for the quarter that ended in Sep. 2024 was $2.82 Mil.

During the past 12 months, Mastermind's average Total Assets Growth Rate was -5.70% per year. During the past 3 years, the average Total Assets Growth Rate was 17.50% per year. During the past 5 years, the average Total Assets Growth Rate was 19.00% per year.

During the past 13 years, Mastermind's highest 3-Year average Total Assets Growth Rate was 570.80%. The lowest was -78.70%. And the median was 13.75%.

Total Assets is connected with ROA %. Mastermind's annualized ROA % for the quarter that ended in Sep. 2024 was -29.84%. Total Assets is also linked to Revenue through Asset Turnover. Mastermind's Asset Turnover for the quarter that ended in Sep. 2024 was 0.09.


Mastermind Total Assets Historical Data

The historical data trend for Mastermind'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.

Mastermind Total Assets Chart

Mastermind Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 2.32 2.77 3.53 3.85

Mastermind Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.85 3.14 3.05 3.19 2.82

Mastermind 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.

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

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=3.084+0.762
=3.85

Mastermind's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=2.463+0.358
=2.82

* 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.


Mastermind  (OTCPK:MMND) Total Assets Explanation

Total Assets is connected with ROA %.

Mastermind's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-0.896/( (3.185+2.821)/ 2 )
=-0.896/3.003
=-29.84 %

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

Mastermind's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.267/( (3.185+2.821)/ 2 )
=0.267/3.003
=0.09

* 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.

Mastermind Total Assets Related Terms

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Mastermind Business Description

Traded in Other Exchanges
N/A
Address
2221 Peachtree Road, North East, Suite D-134, Atlanta, GA, USA, 30309
Mastermind Inc is an involvement marketing service agency that designs, creates, and develops branding and marketing campaigns for large corporate clients. This involvement is achieved through multi-dimensional marketing campaigns that employ social, digital, mobile, content, influencer marketing, gamification, and promotion to drive greater sales and ROI.
Executives
Ricardo Rios officer: Senior Vice President 3706 PACES PARK CIRCLE, VININGS GA 30080
Michael P Gelfond 10 percent owner, officer: Executive Vice President 1129 N. HIGHLAND AVENUE, ATLANTA GA 30306
Mastermind Marketing, Inc. 10 percent owner 1450 W. PEACHTREE STREET NW, ATLANTA GA 30309
Daniel A Dodson director, 10 percent owner, officer: Chief Executive Officer 1450 W. PEACHTREE STREET NW, ATLANTA GA 30309
Villanta Corp 10 percent owner 1129 N. HIGHLAND AVENUE, ATLANTA GA 30306
Henrik Rouf 10 percent owner 468 N. CAMDEN DR., SUITE 350, BEVERLY HILLS CA 90210
Henrik Oerbekker 10 percent owner 94, RUE DES AUBEPINES, L-1145, LUXEMBOURG N4 2449
Bennett J. Yankowitz director, 10 percent owner, officer: President P.O. BOX 5778, BEVERLY HILLS CA 90024
Allan Kronborg director, 10 percent owner NELLER?DVEJ 65, 3200 HELSINGE, HULLEBAEK G7 3050
Sj Corporate Finance Aps 10 percent owner HVEDEVEJ 4, SMOERUM G7 2765
Robert K Bench director, officer: President 355 S 520 W, SUITE 100, LINDON UT 84042
David Hunt 10 percent owner 66 EXCHANGE PL, STE 201, SALT LAKE CITY UT 84111
Bradly Matthew Bingham director, officer: Chief Executive Officer 274 HYGEIA COURT, ENCINITAS CA 92024
Lee Joshua Eikov director, officer: Chief Executive Officer 560 LAVERS CIRCLE #146, DELRAY BEACH FL 33344

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