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OverActive Media (TSXV:OAM) Total Assets : C$69.48 Mil (As of Dec. 2023)


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What is OverActive Media Total Assets?

OverActive Media's Total Assets for the quarter that ended in Dec. 2023 was C$69.48 Mil.

During the past 12 months, OverActive Media's average Total Assets Growth Rate was -25.00% per year. During the past 3 years, the average Total Assets Growth Rate was -20.30% per year.

During the past 4 years, OverActive Media's highest 3-Year average Total Assets Growth Rate was -20.30%. The lowest was -20.30%. And the median was -20.30%.

Total Assets is connected with ROA %. OverActive Media's annualized ROA % for the quarter that ended in Dec. 2023 was -7.20%. Total Assets is also linked to Revenue through Asset Turnover. OverActive Media's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.


OverActive Media Total Assets Historical Data

The historical data trend for OverActive Media'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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OverActive Media Total Assets Chart

OverActive Media Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
115.29 135.46 87.64 69.48

OverActive Media Quarterly Data
Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 87.64 83.11 82.29 80.35 69.48

OverActive Media 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.

OverActive Media'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 )
=35.372+34.105
=69.48

OverActive Media's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=35.372+34.105
=69.48

* 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.


OverActive Media  (TSXV:OAM) Total Assets Explanation

Total Assets is connected with ROA %.

OverActive Media's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-5.396/( (80.353+69.477)/ 2 )
=-5.396/74.915
=-7.20 %

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

OverActive Media's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=4.212/( (80.353+69.477)/ 2 )
=4.212/74.915
=0.06

* 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.

OverActive Media Total Assets Related Terms

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OverActive Media (TSXV:OAM) Business Description

Traded in Other Exchanges
Address
41 Fraser Avenue, Toronto, ON, CAN, M6K 1Y7
OverActive Media Corp owns and operates an integrated portfolio of esports teams as well as audience engagement. It is involved in delivering sports, media, and entertainment products focused on esports, video games, content, culture, and live and online events for the next generation of fans. Its segments are Team Operations and Business Operations segments. The company generates maximum revenue from the Team Operations segment. Geographically, it derives a majority of revenue from Canada.
Executives
Adam Adamou Senior Officer

OverActive Media (TSXV:OAM) Headlines

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