Wishpond Technologies (TSXV:WISH) Total Assets : C$15.07 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Wishpond Technologies Total Assets?

Wishpond Technologies's Total Assets for the quarter that ended in Mar. 2024 was C$15.07 Mil.

During the past 12 months, Wishpond Technologies's average Total Assets Growth Rate was -3.10% per year. During the past 3 years, the average Total Assets Growth Rate was 94.10% per year.

During the past 5 years, Wishpond Technologies's highest 3-Year average Total Assets Growth Rate was 94.10%. The lowest was 93.60%. And the median was 93.85%.

Total Assets is connected with ROA %. Wishpond Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was -12.68%. Total Assets is also linked to Revenue through Asset Turnover. Wishpond Technologies's Asset Turnover for the quarter that ended in Mar. 2024 was 0.41.

Wishpond Technologies Total Assets Historical Data

The historical data trend for Wishpond Technologies'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.

Wishpond Technologies Total Assets Chart

Wishpond Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

2.11

9.09

16.79

16.28

14.47

Wishpond Technologies Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial														15.33	14.49	14.17	14.47	15.07

Wishpond Technologies 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.

Wishpond Technologies'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 )
	=	9.317	+	5.153
	=	14.47

Wishpond Technologies's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	9.06	+	6.005
	=	15.07

Wishpond Technologies (TSXV:WISH) Total Assets Explanation

Total Assets is connected with ROA %.

Wishpond Technologies's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-1.872	/	( (14.469	+	15.066)	/ 2 )
	=	-1.872	/	14.7675
	=	-12.68 %

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

Wishpond Technologies's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	6.05	/	( (14.469	+	15.066)	/ 2 )
=	6.05	/	14.7675
=	0.41

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.

Wishpond Technologies Total Assets Related Terms

Thank you for viewing the detailed overview of Wishpond Technologies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Wishpond Technologies (TSXV:WISH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wishpond Technologies Ltd (TSXV:WISH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

WPNDF:USA

Address

422 Richards Street, No.170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.wishpond.com

Wishpond Technologies Ltd is a provider of marketing-focused online business solutions providing digital marketing solutions that empower entrepreneurs to achieve success online. The company offers an all-in-one marketing suite that provides companies with marketing, promotion, lead generation, sales automation, ad management, referral marketing, and sales conversion capabilities from one integrated platform. It replaces entire marketing functions in an easy-to-use product, for a fraction of the cost. It serves over 3,700 customers who are mainly small-to-medium size businesses in a wide variety of industries. The company employs a Software-as-a-Service (SaaS) business model where substantially all its revenue is subscription-based recurring revenue.

Executives

David Pais

Senior Officer

Wishpond Technologies (TSXV:WISH) Headlines

No Headlines