OneSoft Solutions (OneSoft Solutions) Total Assets : $8.23 Mil (As of Mar. 2024)

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What is OneSoft Solutions Total Assets?

OneSoft Solutions's Total Assets for the quarter that ended in Mar. 2024 was $8.23 Mil.

During the past 12 months, OneSoft Solutions's average Total Assets Growth Rate was -28.20% per year. During the past 3 years, the average Total Assets Growth Rate was 22.80% per year. During the past 5 years, the average Total Assets Growth Rate was 11.30% per year. During the past 10 years, the average Total Assets Growth Rate was 2.90% per year.

During the past 13 years, OneSoft Solutions's highest 3-Year average Total Assets Growth Rate was 222.50%. The lowest was -65.70%. And the median was 11.30%.

Total Assets is connected with ROA %. OneSoft Solutions's annualized ROA % for the quarter that ended in Mar. 2024 was -31.82%. Total Assets is also linked to Revenue through Asset Turnover. OneSoft Solutions's Asset Turnover for the quarter that ended in Mar. 2024 was 0.32.

OneSoft Solutions Total Assets Historical Data

The historical data trend for OneSoft Solutions'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.

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OneSoft Solutions Total Assets Chart

OneSoft Solutions Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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9.07

6.59

5.39

4.94

5.32

OneSoft Solutions 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															6.96	5.79	6.37	5.32	8.23

OneSoft Solutions 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.

OneSoft Solutions'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 )
	=	2.297	+	3.027
	=	5.32

OneSoft Solutions'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 )
	=	1.992	+	6.236
	=	8.23

OneSoft Solutions (OTCPK:OSSIF) Total Assets Explanation

Total Assets is connected with ROA %.

OneSoft Solutions'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 )
	=	-2.156	/	( (5.323	+	8.228)	/ 2 )
	=	-2.156	/	6.7755
	=	-31.82 %

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.

OneSoft Solutions'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 )
=	2.142	/	( (5.323	+	8.228)	/ 2 )
=	2.142	/	6.7755
=	0.32

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.

OneSoft Solutions Total Assets Related Terms

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OneSoft Solutions (OneSoft Solutions) Business Description

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OSS:Canada

Address

10230 Jasper Avenue, Suite 4227, Enterprise Square, Edmonton, AB, CAN, T5J 4P6

Website

https://www.onesoft.ca

OneSoft Solutions Inc is a provider of software solutions for select markets, all of which are developed using Microsoft's new Cloud technologies. Its mission is to acquire, manage and build next-generation software businesses that will provide specialized, mission-critical cloud software solutions to address customer needs. It has developed software technology and products that have the capability to transition legacy, on-premise licensed software applications to operate on the Microsoft Azure Cloud Platform. It seeks opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. The Company generates it's majority of the revenue from USA..