GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » KeyStar Corp (OTCPK:KEYR) » Definitions » Total Assets

KeyStar (KeyStar) Total Assets : $10.16 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is KeyStar Total Assets?

KeyStar's Total Assets for the quarter that ended in Mar. 2024 was $10.16 Mil.

During the past 12 months, KeyStar's average Total Assets Growth Rate was 13.10% per year. During the past 3 years, the average Total Assets Growth Rate was 587.50% per year.

During the past 4 years, KeyStar's highest 3-Year average Total Assets Growth Rate was 587.50%. The lowest was 587.50%. And the median was 587.50%.

Total Assets is connected with ROA %. KeyStar's annualized ROA % for the quarter that ended in Mar. 2024 was -142.46%. Total Assets is also linked to Revenue through Asset Turnover. KeyStar's Asset Turnover for the quarter that ended in Mar. 2024 was -0.02.


KeyStar Total Assets Historical Data

The historical data trend for KeyStar'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.

KeyStar Total Assets Chart

KeyStar Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Total Assets
0.08 0.11 0.08 15.30

KeyStar Quarterly Data
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 9.65 15.30 16.27 11.27 10.16

KeyStar 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.

KeyStar's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=-0.433+15.736
=15.30

KeyStar'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 )
=-0.514+10.672
=10.16

* 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.


KeyStar  (OTCPK:KEYR) Total Assets Explanation

Total Assets is connected with ROA %.

KeyStar'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 )
=-15.26/( (11.266+10.158)/ 2 )
=-15.26/10.712
=-142.46 %

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.

KeyStar'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 )
=-0.188/( (11.266+10.158)/ 2 )
=-0.188/10.712
=-0.02

* 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.

KeyStar Total Assets Related Terms

Thank you for viewing the detailed overview of KeyStar's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


KeyStar (KeyStar) Business Description

Traded in Other Exchanges
N/A
Address
78 SW 7th Street, Suite 800, Miami, FL, USA, 33130
KeyStar Corp owns and operates ZenSports, a mobile gaming platform for consumers that offers a traditional sports book, peer-to-peer sports betting, and wagering in fiat and cryptocurrencies.
Executives
Zensports, Inc. 10 percent owner 78 SW 7TH STREET, SUITE 800, MIAMI FL 33130
Mark Anthony Thomas 10 percent owner 78 SW 7TH STREET, SUITE 800, MIAMI FL 33130
Zixiao Chen director, 10 percent owner, officer: CFO and Treasurer 4616 W. SAHARA AVE., SUITE 256, LAS VEGAS NV 89103
Steven J Lane director, 10 percent owner, officer: President and CEO 9620 LAS VEGAS BLVD. S, STE E4-98, LAS VEGAS NV 89123

KeyStar (KeyStar) Headlines

From GuruFocus

ZenSports Launches Sports Betting App in Tennessee

By ACCESSWIRE ACCESSWIRE 06-08-2023

KeyStar Corp. Closes $2.9M+ Round of Funding

By ACCESSWIRE ACCESSWIRE 05-11-2023

KeyStar Corp. Opens New Round of Funding

By ACCESSWIRE 07-24-2023

KeyStar Corp. Receives Tennessee Sports Betting License

By ACCESSWIRE ACCESSWIRE 05-25-2023