AGEDB Technology (TSXV:AGET) Total Assets : C$6.48 Mil (As of Oct. 2024)

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What is AGEDB Technology Total Assets?

AGEDB Technology's Total Assets for the quarter that ended in Oct. 2024 was C$6.48 Mil.

Total Assets is connected with ROA %. AGEDB Technology's annualized ROA % for the quarter that ended in Oct. 2024 was 186.17%. Total Assets is also linked to Revenue through Asset Turnover. AGEDB Technology's Asset Turnover for the quarter that ended in Oct. 2024 was 0.61.

AGEDB Technology Total Assets Historical Data

The historical data trend for AGEDB Technology'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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AGEDB Technology Total Assets Chart

AGEDB Technology Annual Data

Trend

Apr23

Apr24

Total Assets

1.52

1.78

AGEDB Technology Quarterly Data
	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Total Assets	Get a 7-Day Free Trial			-	3.26	1.78	2.24	6.48

AGEDB Technology 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.

AGEDB Technology's Total Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Assets	=	Total Equity (A: Apr. 2024 )	+	Total Liabilities (A: Apr. 2024 )
	=	1.553	+	0.222
	=	1.78

AGEDB Technology's Total Assets for the quarter that ended in Oct. 2024 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2024 )	+	Total Liabilities (Q: Oct. 2024 )
	=	4.056	+	2.426
	=	6.48

AGEDB Technology (TSXV:AGET) Total Assets Explanation

Total Assets is connected with ROA %.

AGEDB Technology's annualized ROA % for the quarter that ended in Oct. 2024 is

ROA %	=	Net Income (Q: Oct. 2024 )	/	( (Total Assets (Q: Jul. 2024 )	+	Total Assets (Q: Oct. 2024 ))	/ count )
	=	8.116	/	( (2.237	+	6.482)	/ 2 )
	=	8.116	/	4.3595
	=	186.17 %

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

AGEDB Technology's Asset Turnover for the quarter that ended in Oct. 2024 is

	Asset Turnover
=	Revenue (Q: Oct. 2024 )	/	( (Total Assets (Q: Jul. 2024 )	+	Total Assets (Q: Oct. 2024 ))	/ count )
=	2.644	/	( (2.237	+	6.482)	/ 2 )
=	2.644	/	4.3595
=	0.61

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.

AGEDB Technology Total Assets Related Terms

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AGEDB Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AGEDB Technology Ltd (TSXV:AGET) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1120 Finch Avenue West, Suite 702, Toronto, ON, CAN, M3J 3J7

Website

https://www.agedb.io

AGEDB Technology Ltd is focused on the development of software and solutions for graph database management systems. Its core product AgensGraph Enterprise is a multi-model graph database designed for businesses demanding the highest performance, reliability, and scalability levels. It also offers professional consultancy services related to graph databases to its clients through AgensGraph Professional Services. The company operates in one principal geographical area, which is Canada.

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