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Webuy Global (Webuy Global) Total Assets : $30.23 Mil (As of Dec. 2023)


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What is Webuy Global Total Assets?

Webuy Global's Total Assets for the quarter that ended in Dec. 2023 was $30.23 Mil.

During the past 12 months, Webuy Global's average Total Assets Growth Rate was 285.90% per year.

Total Assets is connected with ROA %. Webuy Global's annualized ROA % for the quarter that ended in Dec. 2023 was -14.72%. Total Assets is also linked to Revenue through Asset Turnover. Webuy Global's Asset Turnover for the quarter that ended in Dec. 2023 was 1.79.


Webuy Global Total Assets Historical Data

The historical data trend for Webuy Global'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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Webuy Global Total Assets Chart

Webuy Global Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
3.47 7.99 30.23

Webuy Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets 3.47 - 7.99 11.52 30.23

Webuy Global 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.

Webuy Global'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 )
=5.656+24.577
=30.23

Webuy Global'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 )
=5.656+24.577
=30.23

* 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.


Webuy Global  (NAS:WBUY) Total Assets Explanation

Total Assets is connected with ROA %.

Webuy Global's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-3.074/( (11.523+30.233)/ 2 )
=-3.074/20.878
=-14.72 %

Note: The Net Income data used here is two times the semi-annual (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.

Webuy Global's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=37.286/( (11.523+30.233)/ 2 )
=37.286/20.878
=1.79

* 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.

Webuy Global Total Assets Related Terms

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Webuy Global (Webuy Global) Business Description

Traded in Other Exchanges
N/A
Address
35 Tampines Street 92, Singapore, SGP, 528880
Webuy Global Ltd is an emerging Southeast Asian (SEA) community-oriented e-commerce retailer (Community e-Commerce Retailor) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through an online medium. Its mission is to make social shopping a new lifestyle for consumers and to empower consumers' purchases with an efficient cost-saving purchasing model. The company is also engaged in selling packaged tours to its customer. The majority of revenue is derived from the sales of groceries through its online platform.