SYTAW (Siyata Mobile) Total Assets : $19.18 Mil (As of Jun. 2024)

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What is Siyata Mobile Total Assets?

Siyata Mobile's Total Assets for the quarter that ended in Jun. 2024 was $19.18 Mil.

During the past 3 years, the average Total Assets Growth Rate was -17.10% per year. During the past 5 years, the average Total Assets Growth Rate was 1.60% per year. During the past 10 years, the average Total Assets Growth Rate was 24.30% per year.

During the past 13 years, Siyata Mobile's highest 3-Year average Total Assets Growth Rate was 133.50%. The lowest was -34.50%. And the median was 22.50%.

Total Assets is connected with ROA %. Siyata Mobile's annualized ROA % for the quarter that ended in Jun. 2024 was -308.72%. Total Assets is also linked to Revenue through Asset Turnover. Siyata Mobile's Asset Turnover for the quarter that ended in Jun. 2024 was 0.11.

Siyata Mobile Total Assets Historical Data

The historical data trend for Siyata Mobile'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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Siyata Mobile Total Assets Chart

Siyata Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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16.14

31.09

12.05

16.14

15.51

Siyata Mobile Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															-	16.20	15.51	14.31	19.18

Siyata Mobile 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.

Siyata Mobile'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 )
	=	9.707	+	5.805
	=	15.51

Siyata Mobile's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	1.038	+	18.145
	=	19.18

Siyata Mobile (NAS:SYTAW) Total Assets Explanation

Total Assets is connected with ROA %.

Siyata Mobile's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-51.696	/	( (14.308	+	19.183)	/ 2 )
	=	-51.696	/	16.7455
	=	-308.72 %

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

Siyata Mobile's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	1.891	/	( (14.308	+	19.183)	/ 2 )
=	1.891	/	16.7455
=	0.11

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.

Siyata Mobile Total Assets Related Terms

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Siyata Mobile Business Description

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SYTA:USA WK30:Germany WK30:Germany

Address

1001 Lenoir Street, Suite A- 414, Montreal, QC, CAN, H4C2Z6

Website

https://www.siyatamobile.com

Siyata Mobile Inc is engaged in the sale of vehicle mounted, cellular-based communications platforms over advanced 3G (Third generation) mobile networks and cellular booster systems. The Company develops, markets and sells a portfolio of rugged handheld Push-to-Talk over Cellular (PoC) smartphone devices. These rugged business-to-business (B2B) environments are focused on enterprise customers, first responders, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in multiple industries.