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GiveMePower (GiveMePower) Total Assets : $0.00 Mil (As of Mar. 2024)


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What is GiveMePower Total Assets?

GiveMePower's Total Assets for the quarter that ended in Mar. 2024 was $0.00 Mil.

During the past 10 years, GiveMePower's highest 3-Year average Total Assets Growth Rate was 306.60%. The lowest was -20.60%. And the median was 138.35%.

Total Assets is connected with ROA %. GiveMePower's annualized ROA % for the quarter that ended in Mar. 2024 was -3,733.33%. Total Assets is also linked to Revenue through Asset Turnover. GiveMePower's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


GiveMePower Total Assets Historical Data

The historical data trend for GiveMePower'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.

GiveMePower Total Assets Chart

GiveMePower Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.77 0.65 0.05 -

GiveMePower Quarterly Data
Mar19 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 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 - - - - -

GiveMePower 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.

GiveMePower'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 )
=-0.237+0.238
=0.00

GiveMePower'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 )
=-0.252+0.254
=0.00

* 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.


GiveMePower  (OTCPK:GMPW) Total Assets Explanation

Total Assets is connected with ROA %.

GiveMePower'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 )
=-0.056/( (0.001+0.002)/ 2 )
=-0.056/0.0015
=-3,733.33 %

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.

GiveMePower'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 )
=0/( (0.001+0.002)/ 2 )
=0/0.0015
=0.00

* 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.

GiveMePower Total Assets Related Terms

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GiveMePower (GiveMePower) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
GiveMePower Corp operates and manages a portfolio of real estate and financial services assets and operations to empower black persons in the United States through financial tools and resources. The company is focused on creating and empowering local black businesses in urban America and creating real estate properties and businesses in opportunity zones and other distressed neighborhoods across America. It generates revenue from sales of real estate investment property, entrepreneurship development initiatives, and principal transactions in proprietary trading operations.
Executives
Givemepower Corp director, officer: Director of Accounting #204, 16 MIDLAKE BLVD. SE, CALGARY A0 T2X 2X7

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