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Interfield Global Software (NEOE:IFSS) Total Assets : C$8.58 Mil (As of Sep. 2023)


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What is Interfield Global Software Total Assets?

Interfield Global Software's Total Assets for the quarter that ended in Sep. 2023 was C$8.58 Mil.

During the past 12 months, Interfield Global Software's average Total Assets Growth Rate was 92.60% per year. During the past 3 years, the average Total Assets Growth Rate was -88.60% per year.

During the past 5 years, Interfield Global Software's highest 3-Year average Total Assets Growth Rate was -88.60%. The lowest was -88.80%. And the median was -88.70%.

Total Assets is connected with ROA %. Interfield Global Software's annualized ROA % for the quarter that ended in Sep. 2023 was -49.43%. Total Assets is also linked to Revenue through Asset Turnover. Interfield Global Software's Asset Turnover for the quarter that ended in Sep. 2023 was 0.01.

Interfield Global Software Total Assets Historical Data

The historical data trend for Interfield Global Software'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.

Interfield Global Software Total Assets Chart

Interfield Global Software Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
2.14 2.75 3.23 0.02 0.01

Interfield Global Software Quarterly Data
Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.52 0.01 10.17 8.94 8.58

Interfield Global Software 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.

Interfield Global Software'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 )
=-0.113+0.125
=0.01

Interfield Global Software's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=5.675+2.9
=8.58

* 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.

Interfield Global Software  (NEOE:IFSS) Total Assets Explanation

Total Assets is connected with ROA %.

Interfield Global Software's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-4.328/( (8.935+8.575)/ 2 )
=-4.328/8.755
=-49.43 %

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

Interfield Global Software's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.122/( (8.935+8.575)/ 2 )
=0.122/8.755
=0.01

* 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.

Interfield Global Software Total Assets Related Terms

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Interfield Global Software (NEOE:IFSS) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
The Yes Business Centre, Office 910, PO Box 78020, Al Barsha 1 Dubai, Dubai, ARE
Website
https://www.interfieldsolutions.com
Interfield Global Software Inc is a software company that services numerous industrial segments including oil and gas, mining, and renewables. It has two operating divisions, E-commerce and Software as a Service. The E-commerce division is an industrial equipment marketplace that connects buyers and suppliers around the globe. ToolSuite, the company's flagship product of its Software as a Service division, is a cloud-based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

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