MobileSmith (MobileSmith) Total Assets : $1.11 Mil (As of Jun. 2022)

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What is MobileSmith Total Assets?

MobileSmith's Total Assets for the quarter that ended in Jun. 2022 was $1.11 Mil.

Total Assets is connected with ROA %. MobileSmith's annualized ROA % for the quarter that ended in Jun. 2022 was -662.29%. Total Assets is also linked to Revenue through Asset Turnover. MobileSmith's Asset Turnover for the quarter that ended in Jun. 2022 was 0.24.

MobileSmith Total Assets Historical Data

The historical data trend for MobileSmith'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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MobileSmith Total Assets Chart

MobileSmith Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Assets

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0.77

1.01

1.21

1.02

1.05

MobileSmith Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Total Assets	Get a 7-Day Free Trial															1.82	1.52	1.05	1.39	1.11

MobileSmith 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.

MobileSmith'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 )
	=	-5.106	+	6.155
	=	1.05

MobileSmith's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2022 )	+	Total Liabilities (Q: Jun. 2022 )
	=	-4.954	+	6.064
	=	1.11

MobileSmith (OTCPK:MOSTQ) Total Assets Explanation

Total Assets is connected with ROA %.

MobileSmith's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %	=	Net Income (Q: Jun. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
	=	-8.272	/	( (1.388	+	1.11)	/ 2 )
	=	-8.272	/	1.249
	=	-662.29 %

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

MobileSmith's Asset Turnover for the quarter that ended in Jun. 2022 is

	Asset Turnover
=	Revenue (Q: Jun. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
=	0.296	/	( (1.388	+	1.11)	/ 2 )
=	0.296	/	1.249
=	0.24

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.

MobileSmith Total Assets Related Terms

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MobileSmith (MobileSmith) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MobileSmith Inc (OTCPK:MOSTQ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

5400 Trinity Road, Suite 208, Raleigh, NC, USA, 27607

Website

https://www.mobilesmith.com

MobileSmith Inc is a developer of software applications for the healthcare industry. Its software products include a cloud-based collection of applications that run on its architected healthcare technology ecosystem. The architecture is designed to improve experience of healthcare patients and consumers, who are often at the same time members of various medical insurance networks; optimize delivery of healthcare and relationship between members and insurance networks; and increase adoption, utilization and intelligence of EMRs (electronic medical records), extend EMR's usability to patients and consumers of healthcare. It derives revenue from contracts for subscription to the suite of e-health mobile solutions and, ancillary services provided in connection with subscription services.

Executives

Christopher John Caramanico	director, officer: Chief Executive Officer	2122 KIPAWA ST., RALEIGH NC 27607
Elchanan Epstein	director	59 ABBEY WOODS LN, DALLAS TX 75248-7900
Jerry Lepore	director	2660 CROOKED STICK LN, MT PLEASANT SC 29466
Robert L Smith	director	PARACELSUS HEALTHCARE CORP, 515 W GREENS ROAD SUITE 500, HOUSTON TX 77067
Raymond C Hemmig	director	2701 E. PLANO PKWY, #200, PLANO TX 75074
Randy Tomlin	director	6800 GREENHILL CT., PARKER TX 75002
Bob Dieterle	officer: Chief Operating Officer	C/O MOBILESMITH, INC., 5400 TRINITY RD., SUITE 208, RALEIGH NC 27607
Jon Campbell	director	C/O SMART ONLINE, INC., 4505 EMPEROR BLVD., SUITE 320, DURHAM NC 27703
Gleb Mikhailov	officer: Chief Financial Officer	C/O SMART ONLINE, INC., 4505 EMPEROR BLVD., SUITE 320, DURHAM NC 27703
Ronen Shviki	director	5 HAMEIRI STREET, RAMAT GAN L3 52651
Avy Lugassy	10 percent owner	126 CHEMIN DES HAUTS CRETS, 1253, VANDOEUVRES, GENEVA V8 00000
Brinson Robert Maddox Jr.	director	29 DOVER DR SE, ROME GA 30161
Amir Elbaz	director	5115 CAMPUS DRIVE, PLYMOUTH MEETING PA 19462
Thaddeus J Shalek	officer: Interim CFO	14679 CANOPY DRIVE, TAMPA FL 33626
Roberta B Hardy	director	4505 EMPEROR BLVD., SUITE 320, DURHAM NC 27703