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Liberty Defense Holdings (TSXV:SCAN) Total Assets : C$5.93 Mil (As of Sep. 2024)


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What is Liberty Defense Holdings Total Assets?

Liberty Defense Holdings's Total Assets for the quarter that ended in Sep. 2024 was C$5.93 Mil.

During the past 12 months, Liberty Defense Holdings's average Total Assets Growth Rate was -40.60% per year. During the past 3 years, the average Total Assets Growth Rate was 44.70% per year. During the past 5 years, the average Total Assets Growth Rate was 140.30% per year.

During the past 12 years, Liberty Defense Holdings's highest 3-Year average Total Assets Growth Rate was 346.80%. The lowest was 44.70%. And the median was 104.40%.

Total Assets is connected with ROA %. Liberty Defense Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was -184.81%. Total Assets is also linked to Revenue through Asset Turnover. Liberty Defense Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.23.


Liberty Defense Holdings Total Assets Historical Data

The historical data trend for Liberty Defense 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.

Liberty Defense Holdings Total Assets Chart

Liberty Defense Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 2.65 8.32 8.47 7.82

Liberty Defense Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.11 7.82 7.88 7.36 5.93

Liberty Defense 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.

Liberty Defense 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 )
=-1.025+8.849
=7.82

Liberty Defense Holdings's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-6.047+11.976
=5.93

* 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.


Liberty Defense Holdings  (TSXV:SCAN) Total Assets Explanation

Total Assets is connected with ROA %.

Liberty Defense Holdings's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-12.28/( (7.36+5.929)/ 2 )
=-12.28/6.6445
=-184.81 %

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

Liberty Defense Holdings's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1.513/( (7.36+5.929)/ 2 )
=1.513/6.6445
=0.23

* 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.

Liberty Defense Holdings Total Assets Related Terms

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Liberty Defense Holdings Business Description

Traded in Other Exchanges
Address
789 999 West Hastings Street, Vancouver, BC, CAN, V6C 2W2
Liberty Defense Holdings Ltd provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Its HEXWAVE product, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. The company has also licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. It operates in a single segment being the research and development of new technology for the security industry.
Executives
William Frain Director, Senior Officer
Daryl Rebeck Senior Officer

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