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Paltalk's Total Assets for the quarter that ended in Mar. 2024 was $22.95 Mil.
During the past 12 months, Paltalk's average Total Assets Growth Rate was -4.20% per year. During the past 3 years, the average Total Assets Growth Rate was 8.80% per year. During the past 5 years, the average Total Assets Growth Rate was -6.30% per year. During the past 10 years, the average Total Assets Growth Rate was 16.40% per year.
During the past 13 years, Paltalk's highest 3-Year average Total Assets Growth Rate was 218.90%. The lowest was -27.80%. And the median was 33.80%.
Total Assets is connected with ROA %. Paltalk's annualized ROA % for the quarter that ended in Mar. 2024 was -8.40%. Total Assets is also linked to Revenue through Asset Turnover. Paltalk's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.
The historical data trend for Paltalk'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.
Paltalk Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 12.22 | 13.59 | 28.88 | 25.43 | 23.89 |
Paltalk Quarterly Data | ||||||||||||||||||||
Jun19 | 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 | 24.26 | 24.39 | 24.10 | 23.89 | 22.95 |
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.
Paltalk'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 ) |
= | 20.135 | + | 3.753 | |
= | 23.89 |
Paltalk'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 ) |
= | 19.702 | + | 3.246 | |
= | 22.95 |
* 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.
Paltalk (NAS:PALT) Total Assets Explanation
Total Assets is connected with ROA %.
Paltalk'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 ) |
= | -1.968 | / | ( (23.887 | + | 22.948) | / 2 ) | |
= | -1.968 | / | 23.4175 | ||||
= | -8.40 % |
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.
Paltalk'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 ) |
= | 2.598 | / | ( (23.887 | + | 22.948) | / 2 ) |
= | 2.598 | / | 23.4175 | |||
= | 0.11 |
* 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.
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.
Thank you for viewing the detailed overview of Paltalk's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Geoffrey Cook | director | 280 UNION SQUARE DRIVE, NEW HOPE PA 18938 |
J. Crew Delaware Trust B | 10 percent owner | J.P. MORGAN TRUST COMPANY OF DELAWARE, 500 STANTON CHRISTIANA ROAD, NEWARK DE 19713 |
Jason Katz | director, officer: CHMN of the Board, PRES & COO | C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, NEW YORK NY 10017 |
Adam Zalko | officer: Vice President of Engineering | 30 JERICHO EXECUTIVE PLAZA, SUITE 400E, JERICHO NY 11753 |
Yoram Abada | director | C/O JENNIFER CONVERTIBLES, 419 CROSSWAYS PARK DRIVE, WOODBURY NY 11797 |
Clifford Lerner | director, 10 percent owner, officer: Pres., CEO, CFO, Chairman of, other: the Board of Directors | 462 7TH AVENUE, 4TH FLOOR, NEW YORK NY 10018 |
Kara B Jenny | officer: Chief Financial Officer | C/O PATENT PROPERTIES, INC., TWO HIGH RIDGE PARK, STAMFORD CT 06905 |
Michael Gwynne Jones | director | 24460 MALIBU ROAD, MALIBU CA 90265 |
Lance Laifer | director | 1 STIRRUP DRIVE, OLD BROOKVILLE NY 11545 |
John Silberstein | director | C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017 |
Michael Levit | director | C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017 |
Eric Sackowitz | officer: Chief Technology Officer | C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017 |
Arash Vakil | officer: Chief Product Officer | C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017 |
J. Crew Delaware Trust A | 10 percent owner | C/O J.P. MORGAN TRUST CO. OF DE, TRUSTEE, 500 STANTON-CHRISTIANA ROAD, DE3-1600, NEWARK DE 19713 |
Judy Krandel | director | 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018 |
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