QBAK (Qualstar) Total Assets: $7.45 Mil (As of Sep. 2023)


QBAK Qualstar Corp QBAK
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What is Qualstar Total Assets?

Qualstar QBAK 12 Total Assets is $7.45 Mil as of Sep. 2023. GuruFocus rates QBAK with a GF Score™ of 12/100.

Qualstar's Total Assets for the quarter that ended in Sep. 2023 was $7.45 Mil.

Total Assets is connected with ROA %. Qualstar's annualized ROA % for the quarter that ended in Sep. 2023 was 8.65%. Total Assets is also linked to Revenue through Asset Turnover. Qualstar's Asset Turnover for the quarter that ended in Sep. 2023 was 0.42.

Qualstar  (OTCPK:QBAK) Total Assets Explanation

Total Assets is connected with ROA %.

Qualstar's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.644/( (0+7.446)/ 1 )
=0.644/7.446
=8.65 %

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

Qualstar's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=3.142/( (0+7.446)/ 1 )
=3.142/7.446
=0.42

* 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.

Qualstar Total Assets Related Terms

Qualstar Total Assets Historical Data

* Premium members only.

The historical data trend for Qualstar'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.

Qualstar Total Assets Chart

Qualstar Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 Dec19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.68 7.26 8.57 10.00 10.04

Qualstar Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep22 Sep23
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 10.53 10.04 9.38 0.00 7.45
QBAK
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Qualstar Corp QBAK
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualstar 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.

Qualstar's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=6.743+3.295
=10.04

Qualstar's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=5.068+2.378
=7.45

* 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 $7.45 Mil mean?
Qualstar (QBAK) has a Total Assets of $7.45 Mil as of Sep. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Qualstar and its competitors.
Is Qualstar's Total Assets too high?
Qualstar's current Total Assets is $7.45 Mil. Overall, Qualstar has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Qualstar's Total Assets compare to POLA and OZSC?
Qualstar's Total Assets of $7.45 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Total Assets depends on the Industrial Products 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 Qualstar and its competitors. Qualstar's current Total Assets is $7.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualstar stock overvalued right now?
Qualstar (QBAK) has a current Total Assets of $7.45 Mil. The current Total Assets is $7.45 Mil. Qualstar's overall GF Score™ is 12/100. 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 Qualstar (QBAK), the current Total Assets is $7.45 Mil as of Sep. 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.

Qualstar Business Description

Address 1267 Flynn Road, Suite 105, Camarillo, CA, USA, 93012
Qualstar Corp is a U.S.-based provider of data storage systems marketed under the Qualstar brand and power solutions marketed under the N2Power brand. The company operates through the Data Storage segment, which generates the majority of its revenue. It manufactures automated magnetic tape libraries to store, retrieve, and manage electronic data for archive, backup, and recovery, and provides technical customer support services. The Power Supplies segment designs and markets high-efficiency switching power supplies for electronic equipment. The company utilizes contract manufacturers in Asia and sells its products globally through authorized resellers and directly to OEMs. It operates in North America, Europe, Asia Pacific, and others, with the majority of its revenue from North America.
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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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