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TDTH (Trident Digital Tech Holdings) Total Assets : $4.02 Mil (As of Jun. 2024)


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What is Trident Digital Tech Holdings Total Assets?

Trident Digital Tech Holdings's Total Assets for the quarter that ended in Jun. 2024 was $4.02 Mil.

During the past 12 months, Trident Digital Tech Holdings's average Total Assets Growth Rate was 2.90% per year.

Total Assets is connected with ROA %. Trident Digital Tech Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -78.22%. Total Assets is also linked to Revenue through Asset Turnover. Trident Digital Tech Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.08.

Trident Digital Tech Holdings Total Assets Historical Data

The historical data trend for Trident Digital Tech Holdings'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.

* Premium members only.

Trident Digital Tech Holdings Total Assets Chart

Trident Digital Tech Holdings Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.51 3.00 5.83

Trident Digital Tech Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial - 3.00 7.87 5.83 4.02

Trident Digital Tech Holdings 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.

Trident Digital Tech Holdings'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 )
=2.433+3.397
=5.83

Trident Digital Tech Holdings'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 )
=0.452+3.572
=4.02

* 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.

Trident Digital Tech Holdings  (NAS:TDTH) Total Assets Explanation

Total Assets is connected with ROA %.

Trident Digital Tech Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-3.854/( (5.83+4.024)/ 2 )
=-3.854/4.927
=-78.22 %

Note: The Net Income data used here is two times the semi-annual (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.

Trident Digital Tech Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0.379/( (5.83+4.024)/ 2 )
=0.379/4.927
=0.08

* 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.

Trident Digital Tech Holdings Total Assets Related Terms

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Trident Digital Tech Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Trident Digital Tech Holdings Ltd (NAS:TDTH) » Definitions » Total Assets
Comparable Companies
DTST BTCM GEDC ARBB CLPS WYY GLE JFU JDZG HWNI IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH FIS CTSH TSE:6702 XMAD:AMS
Traded in Other Exchanges
N/A
Address
8 Temasek Boulevard Road, Suntec Tower 3, No. 24-03, Singapore, SGP, 038988
Website
https://tridentity.me
Trident Digital Tech Holdings is principally engaged in the provision of business consulting service and IT customization solutions in the Republic of Singapore.