Datable Technology (Datable Technology) Total Assets : $0.50 Mil (As of Sep. 2023)

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What is Datable Technology Total Assets?

Datable Technology's Total Assets for the quarter that ended in Sep. 2023 was $0.50 Mil.

During the past 12 months, Datable Technology's average Total Assets Growth Rate was -19.60% per year. During the past 3 years, the average Total Assets Growth Rate was 8.40% per year. During the past 5 years, the average Total Assets Growth Rate was 26.50% per year. During the past 10 years, the average Total Assets Growth Rate was 59.30% per year.

During the past 11 years, Datable Technology's highest 3-Year average Total Assets Growth Rate was 475.90%. The lowest was 8.40%. And the median was 40.65%.

Total Assets is connected with ROA %. Datable Technology's annualized ROA % for the quarter that ended in Sep. 2023 was -324.44%. Total Assets is also linked to Revenue through Asset Turnover. Datable Technology's Asset Turnover for the quarter that ended in Sep. 2023 was 0.71.

Datable Technology Total Assets Historical Data

The historical data trend for Datable 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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Datable Technology Total Assets Chart

Datable Technology Annual Data

Trend

May13

May14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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0.37

0.66

1.62

1.92

0.66

Datable Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															0.64	0.66	0.59	0.40	0.50

Datable 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.

Datable Technology's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	-4.118	+	4.774
	=	0.66

Datable Technology's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-5.003	+	5.506
	=	0.50

Datable Technology (OTCPK:TTMZF) Total Assets Explanation

Total Assets is connected with ROA %.

Datable Technology's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-1.46	/	( (0.397	+	0.503)	/ 2 )
	=	-1.46	/	0.45
	=	-324.44 %

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

Datable Technology's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0.319	/	( (0.397	+	0.503)	/ 2 )
=	0.319	/	0.45
=	0.71

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.

Datable Technology Total Assets Related Terms

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Datable Technology (Datable Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Datable Technology Corp (OTCPK:TTMZF) » Definitions » Total Assets

Comparable Companies

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DAC:Canada

Address

1062 Homer Street, Suite 301, Vancouver, BC, CAN, V6B 2W9

Website

https://www.datablecorp.com

Datable Technology Corp is a Canada-based technology company. It is operating in the consumer Internet advertising sector. It is a provider of digital and social media consumer engagement, data mining, and loyalty solutions. The company's core product is Platform3, a Software-as-a-Service consumer marketing platform, which enables consumer packaged goods companies and consumer brands to engage consumers and influence purchasing decisions through their mobile devices and online. Its geographical segments are Canada and the United States, of which the majority of its revenue comes from the United States.

Datable Technology (Datable Technology) Headlines

From GuruFocus

Datable Provides Update on Revenues and Data Monetization Platform - P(3)Consumer

By PRNewswire PRNewswire • 09-12-2018