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Duo World (Duo World) Total Assets : $0.47 Mil (As of Sep. 2023)


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What is Duo World Total Assets?

Duo World's Total Assets for the quarter that ended in Sep. 2023 was $0.47 Mil.

During the past 12 months, Duo World's average Total Assets Growth Rate was 1.60% per year. During the past 3 years, the average Total Assets Growth Rate was -24.10% per year. During the past 5 years, the average Total Assets Growth Rate was -27.00% per year.

During the past 8 years, Duo World's highest 3-Year average Total Assets Growth Rate was -6.00%. The lowest was -32.20%. And the median was -24.10%.

Total Assets is connected with ROA %. Duo World's annualized ROA % for the quarter that ended in Sep. 2023 was -26.27%. Total Assets is also linked to Revenue through Asset Turnover. Duo World's Asset Turnover for the quarter that ended in Sep. 2023 was 0.06.

Duo World Total Assets Historical Data

The historical data trend for Duo World'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.

Duo World Total Assets Chart

Duo World Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial 1.08 1.07 0.62 0.36 0.47

Duo World 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 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 0.46 0.46 0.47 0.48 0.47

Duo World 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.

Duo World's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=-1.823+2.29
=0.47

Duo World'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 )
=-1.888+2.357
=0.47

* 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.

Duo World  (OTCPK:DUUO) Total Assets Explanation

Total Assets is connected with ROA %.

Duo World'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 )
=-0.124/( (0.475+0.469)/ 2 )
=-0.124/0.472
=-26.27 %

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.

Duo World'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 )
=0.03/( (0.475+0.469)/ 2 )
=0.03/0.472
=0.06

* 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.

Duo World Total Assets Related Terms

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Duo World (Duo World) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Duo World Inc (OTCPK:DUUO) » Definitions » Total Assets
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VRTC KSPN LAAB TTCM ISGN ABQQ TWOHD IGEN XNDA CTKYY CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
c/o Duo Software (Pvt.) Ltd, No. 6, Charles Terrace, Off Alfred Place, Colombo, LKA, 03
Website
https://www.duoworld.com
Duo World Inc is an information technology and software solutions company. Its products include FaceTone, cloud communications and collaborations platform that is offered through public and private cloud and on-site implementations as per business preferences. The Company recognizes revenue from the sale of software licenses and related services. Its application (Duo Subscribe, Duo Contact, DigIn, FaceTone, CloudCharge, and SmoothFlow) provide solutions in the space of Data Analytics, Customer Life Cycle Management, Subscriber Billing and Work Flow.
Executives
Muhunthan Canagasooryam director, 10 percent owner, officer: President, CEO LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300
Mahmud Riad Ameen director, officer: Legal Director LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300
Perera Suzannah Jennifer Samuel director, officer: Chief Financial Officer LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300