WAYS (Wave Sync) Total Assets: $25.11 Mil (As of Mar. 2022)


WAYS Wave Sync Corp WAYS
12 GF Score
Price $4.48
View Full Analysis

What is Wave Sync Total Assets?

Wave Sync WAYS 12 Total Assets is $25.11 Mil as of Mar. 2022. GuruFocus rates WAYS with a GF Score™ of 12/100.

Wave Sync's Total Assets for the quarter that ended in Mar. 2022 was $25.11 Mil.

Total Assets is connected with ROA %. Wave Sync's annualized ROA % for the quarter that ended in Mar. 2022 was -2.57%. Total Assets is also linked to Revenue through Asset Turnover. Wave Sync's Asset Turnover for the quarter that ended in Mar. 2022 was 0.03.

Wave Sync  (OTCPK:WAYS) Total Assets Explanation

Total Assets is connected with ROA %.

Wave Sync's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %=Net Income (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=-0.648/( (25.3+25.112)/ 2 )
=-0.648/25.206
=-2.57 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) 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.

Wave Sync's Asset Turnover for the quarter that ended in Mar. 2022 is

Asset Turnover
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=0.789/( (25.3+25.112)/ 2 )
=0.789/25.206
=0.03

* 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.

Wave Sync Total Assets Related Terms

Wave Sync Total Assets Historical Data

* Premium members only.

The historical data trend for Wave Sync'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.

Wave Sync Total Assets Chart

Wave Sync Annual Data
Trend Jun09 Jun10 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.09 0.01 0.00 0.00 25.30

Wave Sync Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.00 0.98 2.57 25.30 25.11
WAYS
12GF Score
Wave Sync Corp WAYS
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wave Sync 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.

Wave Sync's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=21.193+4.107
=25.30

Wave Sync's Total Assets for the quarter that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (Q: Mar. 2022 )+Total Liabilities (Q: Mar. 2022 )
=21.074+4.037
=25.11

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $25.11 Mil mean?
Wave Sync (WAYS) has a Total Assets of $25.11 Mil as of Mar. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Wave Sync and its competitors.
Is Wave Sync's Total Assets too high?
Wave Sync's current Total Assets is $25.11 Mil. Overall, Wave Sync has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wave Sync's Total Assets compare to GWII and CNTQ?
Wave Sync's Total Assets of $25.11 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Wave Sync and its competitors. Wave Sync's current Total Assets is $25.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Sync stock overvalued right now?
Wave Sync (WAYS) has a current Total Assets of $25.11 Mil. The current Total Assets is $25.11 Mil. Wave Sync's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Wave Sync (WAYS), the current Total Assets is $25.11 Mil as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wave Sync Business Description

Address 19 West 44th Street, Suite 1001, New York, NY, USA, 10036
Wave Sync Corp is a shell company.
12GF Score

Get the complete analysis for WAYS

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.48
Price