Secure Electronic Technology (NSA:NSLTECH) Total Assets: ₦4,838 Mil (As of Dec. 2024)


NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
10 GF Score
Price ₦0.85
GF Value ₦0.37
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Secure Electronic Technology Total Assets?

Secure Electronic Technology NSA:NSLTECH +3.66% 10 Total Assets is ₦4,838 Mil as of Dec. 2024. GuruFocus rates NSA:NSLTECH with a GF Score™ of 10/100 and a GF Value™ of ₦0.37 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Secure Electronic Technology's Total Assets for the quarter that ended in Dec. 2024 was ₦4,838 Mil.

During the past 12 months, Secure Electronic Technology's average Total Assets Growth Rate was 46.80% per year. During the past 3 years, the average Total Assets Growth Rate was 11.50% per year.

During the past 4 years, Secure Electronic Technology's highest 3-Year average Total Assets Growth Rate was 11.50%. The lowest was 11.50%. And the median was 11.50%.

Total Assets is connected with ROA %. Secure Electronic Technology's annualized ROA % for the quarter that ended in Dec. 2024 was -2.96%. Total Assets is also linked to Revenue through Asset Turnover. Secure Electronic Technology's Asset Turnover for the quarter that ended in Dec. 2024 was 1.06.


Secure Electronic Technology  (NSA:NSLTECH) Total Assets Explanation

Total Assets is connected with ROA %.

Secure Electronic Technology's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=-121.025/( (3328.531+4837.563)/ 2 )
=-121.025/4083.047
=-2.96 %

Note: The Net Income data used here is one times the annual (Dec. 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.

Secure Electronic Technology's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=4347.604/( (3328.531+4837.563)/ 2 )
=4347.604/4083.047
=1.06

* 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.

Secure Electronic Technology Total Assets Related Terms


Secure Electronic Technology Total Assets Historical Data

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The historical data trend for Secure Electronic Technology'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.

Secure Electronic Technology Total Assets Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Total Assets
3,483.65 3,457.26 3,328.53 4,837.56

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Total Assets 3,483.65 3,457.26 3,328.53 4,837.56
NSA:NSLTECH
10GF Score
Secure Electronic Technology PLC NSA:NSLTECH
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Electronic Technology 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.

Secure Electronic Technology's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=3910.676+926.887
=4,838

Secure Electronic Technology's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=3910.676+926.887
=4,838

* 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 ₦4,838 Mil mean?
Secure Electronic Technology (NSA:NSLTECH) has a Total Assets of ₦4,838 Mil as of Dec. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Secure Electronic Technology and its competitors.
Is Secure Electronic Technology's Total Assets too high?
Secure Electronic Technology's current Total Assets is ₦4,838 Mil. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Total Assets compare to FLUT and DKNG?
Secure Electronic Technology's Total Assets of ₦4,838 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Total Assets depends on the Travel & Leisure 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 Secure Electronic Technology and its competitors. Secure Electronic Technology's current Total Assets is ₦4,838 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.37, compared to a current price of ₦0.85 — trading 129.7% above its estimated fair value. The current Total Assets is ₦4,838 Mil. Secure Electronic Technology's overall GF Score™ is 10/100 with 1 warning sign to review. 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 Secure Electronic Technology (NSA:NSLTECH), the current Total Assets is ₦4,838 Mil as of Dec. 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.

Is Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued. The current stock price of ₦0.85 is trading 129.7% above its estimated GF Value™ of ₦0.37. GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.

Key valuation signals for NSA:NSLTECH:

  • Total Assets: ₦4,838 Mil
  • GF Value™: ₦0.37 vs. price of ₦0.85 (129.7% above fair value)
  • GF Score™: 10/100 with 1 warning sign

No single metric tells the full story. See the NSA:NSLTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
10GF Score

Get the complete analysis for NSA:NSLTECH

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

₦0.85
Price
₦0.37
GF Value