NLSC (Namliong SkyCosmos) Total Assets: $0.01 Mil (As of Mar. 2024)


What is Namliong SkyCosmos Total Assets?

Namliong SkyCosmos NLSC Total Assets is $0.01 Mil as of Mar. 2024.

Namliong SkyCosmos's Total Assets for the quarter that ended in Mar. 2024 was $0.01 Mil.

Total Assets is connected with ROA %. Namliong SkyCosmos's annualized ROA % for the quarter that ended in Mar. 2024 was -4,243.48%. Total Assets is also linked to Revenue through Asset Turnover. Namliong SkyCosmos's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Namliong SkyCosmos  (OTCPK:NLSC) Total Assets Explanation

Total Assets is connected with ROA %.

Namliong SkyCosmos's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-0.488/( (0.013+0.01)/ 2 )
=-0.488/0.0115
=-4,243.48 %

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

Namliong SkyCosmos's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (0.013+0.01)/ 2 )
=0/0.0115
=0.00

* 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.

Namliong SkyCosmos Total Assets Related Terms

Namliong SkyCosmos Total Assets Historical Data

* Premium members only.

The historical data trend for Namliong SkyCosmos'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.

Namliong SkyCosmos Total Assets Chart

Namliong SkyCosmos Annual Data
Trend Sep06 Dec07 Dec08 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.01

Namliong SkyCosmos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.00 0.04 0.04 0.01 0.01

Namliong SkyCosmos 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.

Namliong SkyCosmos's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-1.81+1.823
=0.01

Namliong SkyCosmos's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=-1.932+1.942
=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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.01 Mil mean?
Namliong SkyCosmos (NLSC) has a Total Assets of $0.01 Mil as of Mar. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Namliong SkyCosmos and its competitors.
Is Namliong SkyCosmos' Total Assets too high?
Namliong SkyCosmos' current Total Assets is $0.01 Mil.
How does Namliong SkyCosmos' Total Assets compare to GYGC and UBYH?
Namliong SkyCosmos' Total Assets of $0.01 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial Services 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 Namliong SkyCosmos and its competitors. Namliong SkyCosmos's current Total Assets is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Namliong SkyCosmos stock overvalued right now?
Namliong SkyCosmos (NLSC) has a current Total Assets of $0.01 Mil. The current Total Assets is $0.01 Mil. 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 Namliong SkyCosmos (NLSC), the current Total Assets is $0.01 Mil as of Mar. 2024. 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.

Namliong SkyCosmos Business Description

Address Guanxin Road, No. 77, Sec 2, Guanmiao District, Tainan City, TWN, 71825
Namliong SkyCosmos Inc is a supply chain system company. Along with its subsidiary, the company assists customers in establishing a supply chain system and provides assistance in the following business sectors: textile products; green building materials; machinery and equipment; generators; coal trading; and bioenergy and diesel. It also provides consulting services to other developers and operators of other companies related to the planning, marketing, and operating of solutions.