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Liquid Meta Capital Holdings (NEOE:LIQD) Total Assets : C$8.04 Mil (As of Feb. 2024)


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What is Liquid Meta Capital Holdings Total Assets?

Liquid Meta Capital Holdings's Total Assets for the quarter that ended in Feb. 2024 was C$8.04 Mil.

During the past 12 months, Liquid Meta Capital Holdings's average Total Assets Growth Rate was 1060.50% per year.

Total Assets is connected with ROA %. Liquid Meta Capital Holdings's annualized ROA % for the quarter that ended in Feb. 2024 was -2.01%. Total Assets is also linked to Revenue through Asset Turnover. Liquid Meta Capital Holdings's Asset Turnover for the quarter that ended in Feb. 2024 was 0.01.


Liquid Meta Capital Holdings Total Assets Historical Data

The historical data trend for Liquid Meta Capital Holdings'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.

Liquid Meta Capital Holdings Total Assets Chart

Liquid Meta Capital Holdings Annual Data
Trend May21 May22 May23
Total Assets
2.66 28.26 6.32

Liquid Meta Capital Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.87 6.32 6.29 8.25 8.04

Liquid Meta Capital Holdings 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.

Liquid Meta Capital Holdings's Total Assets for the fiscal year that ended in May. 2023 is calculated as

Total Assets=Total Equity (A: May. 2023 )+Total Liabilities (A: May. 2023 )
=6.025+0.297
=6.32

Liquid Meta Capital Holdings's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=7.74+0.3
=8.04

* 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.


Liquid Meta Capital Holdings  (NEOE:LIQD) Total Assets Explanation

Total Assets is connected with ROA %.

Liquid Meta Capital Holdings's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-0.164/( (8.253+8.039)/ 2 )
=-0.164/8.146
=-2.01 %

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

Liquid Meta Capital Holdings's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=0.119/( (8.253+8.039)/ 2 )
=0.119/8.146
=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.

Liquid Meta Capital Holdings Total Assets Related Terms

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Liquid Meta Capital Holdings (NEOE:LIQD) Business Description

Traded in Other Exchanges
Address
700 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1
Liquid Meta Capital Holdings Ltd is a decentralized finance infrastructure and technology company that is powering the next generation of open-access protocols and applications. The company is creating the bridge between traditional and decentralized finance while ushering in a new era of financial infrastructure.
Executives
Jon Wiesblatt Director, Senior Officer

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