CoinSmart Financial (NEOE:SMRT) Total Assets: C$69.78 Mil (As of Mar. 2023)

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NEOE:SMRT CoinSmart Financial Inc NEOE:SMRT
25 GF Score
Price C$0.22
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What is CoinSmart Financial Total Assets?

CoinSmart Financial NEOE:SMRT 25 Total Assets is C$69.78 Mil as of Mar. 2023. GuruFocus rates NEOE:SMRT with a GF Score™ of 25/100.

CoinSmart Financial's Total Assets for the quarter that ended in Mar. 2023 was C$69.78 Mil.

Total Assets is connected with ROA %. CoinSmart Financial's annualized ROA % for the quarter that ended in Mar. 2023 was 2.14%. Total Assets is also linked to Revenue through Asset Turnover. CoinSmart Financial's Asset Turnover for the quarter that ended in Mar. 2023 was 0.05.


CoinSmart Financial  (NEOE:SMRT) Total Assets Explanation

Total Assets is connected with ROA %.

CoinSmart Financial's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=1.316/( (53.457+69.784)/ 2 )
=1.316/61.6205
=2.14 %

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

CoinSmart Financial's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=3.293/( (53.457+69.784)/ 2 )
=3.293/61.6205
=0.05

* 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.

CoinSmart Financial Total Assets Related Terms


CoinSmart Financial Total Assets Historical Data

* Premium members only.

The historical data trend for CoinSmart Financial'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.

CoinSmart Financial Total Assets Chart

CoinSmart Financial Annual Data
Trend Dec20 Dec21 Dec22
Total Assets
13.51 83.00 53.46

CoinSmart Financial Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 94.70 48.19 62.00 53.46 69.78
NEOE:SMRT
25GF Score
CoinSmart Financial Inc NEOE:SMRT
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CoinSmart Financial 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.

CoinSmart Financial'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 )
=8.363+45.093
=53.46

CoinSmart Financial's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=8.78+61.004
=69.78

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of C$69.78 Mil mean?
CoinSmart Financial (NEOE:SMRT) has a Total Assets of C$69.78 Mil as of Mar. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on CoinSmart Financial and its competitors.
Is CoinSmart Financial's Total Assets too high?
CoinSmart Financial's current Total Assets is C$69.78 Mil. Overall, CoinSmart Financial has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does CoinSmart Financial's Total Assets compare to CRM and INTU?
CoinSmart Financial's Total Assets of C$69.78 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Software company?
A good Total Assets depends on the Software industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on CoinSmart Financial and its competitors. CoinSmart Financial's current Total Assets is C$69.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoinSmart Financial stock overvalued right now?
CoinSmart Financial (NEOE:SMRT) has a current Total Assets of C$69.78 Mil. The current Total Assets is C$69.78 Mil. CoinSmart Financial's overall GF Score™ is 25/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For CoinSmart Financial (NEOE:SMRT), the current Total Assets is C$69.78 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CoinSmart Financial Business Description

Address 1075 Bay Street, Unit 403, Toronto, ON, CAN, M5B 2B2
CoinSmart Financial Inc is a Toronto-based fintech company that operates an online crypto asset trading platform that provides a secure and intuitive platform for trading crypto assets. It is a digital asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum, combined with the seamless ability to on-ramp and off-ramp fiat. The CoinSmart Platform lists liquid crypto assets, including Bitcoin, Ether,Polkadot, Shiba Inu, Chainlink, Uniswap, Solana, Polygon, Avalanche, Litecoin, Bitcoin Cash, Dogecoin,Stellar, USD Coin, EOS and Cardano.
25GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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