PRST (Presto Automation) Total Assets: $20.43 Mil (As of Mar. 2024)


What is Presto Automation Total Assets?

Presto Automation PRST -99.00% Total Assets is $20.43 Mil as of Mar. 2024.

Presto Automation's Total Assets for the quarter that ended in Mar. 2024 was $20.43 Mil.

Total Assets is connected with ROA %. Presto Automation's annualized ROA % for the quarter that ended in Mar. 2024 was -282.19%. Total Assets is also linked to Revenue through Asset Turnover. Presto Automation's Asset Turnover for the quarter that ended in Mar. 2024 was 0.17.

Presto Automation  (OTCPK:PRST) Total Assets Explanation

Total Assets is connected with ROA %.

Presto Automation'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 )
=-72.38/( (30.866+20.432)/ 2 )
=-72.38/25.649
=-282.19 %

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.

Presto Automation'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 )
=4.452/( (30.866+20.432)/ 2 )
=4.452/25.649
=0.17

* 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.

Presto Automation Total Assets Related Terms

Presto Automation Total Assets Historical Data

* Premium members only.

The historical data trend for Presto Automation'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.

Presto Automation Total Assets Chart

Presto Automation Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Total Assets
52.96 70.26 30.54 46.69

Presto Automation Quarterly Data
Jun20 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 48.61 46.69 34.14 30.87 20.43

Presto Automation 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.

Presto Automation's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=-45.227+91.914
=46.69

Presto Automation'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 )
=-58.168+78.6
=20.43

* 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 $20.43 Mil mean?
Presto Automation (PRST) has a Total Assets of $20.43 Mil as of Mar. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Presto Automation and its competitors.
Is Presto Automation's Total Assets too high?
Presto Automation's current Total Assets is $20.43 Mil.
How does Presto Automation's Total Assets compare to BOMO and CRM?
Presto Automation's Total Assets of $20.43 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 Presto Automation and its competitors. Presto Automation's current Total Assets is $20.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Presto Automation stock overvalued right now?
Presto Automation (PRST) has a current Total Assets of $20.43 Mil. The current Total Assets is $20.43 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 Presto Automation (PRST), the current Total Assets is $20.43 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.

Presto Automation Business Description

Address 985 Industrial Road, San Carlos, CA, USA, 94070
Presto Automation Inc overlays next-gen digital solutions onto the physical world. It provides an accurate, next-gen solution that uses artificial intelligence to automate speech recognition for restaurant drive-thru. The Company earns substantially all of its revenue in the United States.