Netcapital (Netcapital) Total Assets : $44.14 Mil (As of Jan. 2024)

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What is Netcapital Total Assets?

Netcapital's Total Assets for the quarter that ended in Jan. 2024 was $44.14 Mil.

Warning Sign:

If a company builds assets at 252.3% a year, faster than its revenue growth rate of 21.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Netcapital's average Total Assets Growth Rate was 11.00% per year. During the past 3 years, the average Total Assets Growth Rate was 165.60% per year. During the past 5 years, the average Total Assets Growth Rate was 252.30% per year.

During the past 6 years, Netcapital's highest 3-Year average Total Assets Growth Rate was 523.30%. The lowest was 165.60%. And the median was 254.90%.

Total Assets is connected with ROA %. Netcapital's annualized ROA % for the quarter that ended in Jan. 2024 was -20.07%. Total Assets is also linked to Revenue through Asset Turnover. Netcapital's Asset Turnover for the quarter that ended in Jan. 2024 was 0.02.

Netcapital Total Assets Historical Data

The historical data trend for Netcapital'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.

Netcapital Total Assets Chart

Netcapital Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Assets

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0.72

2.21

25.72

31.76

41.82

Netcapital Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															39.58	41.82	43.43	44.68	44.14

Netcapital 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.

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

Total Assets	=	Total Equity (A: Apr. 2023 )	+	Total Liabilities (A: Apr. 2023 )
	=	36.156	+	5.664
	=	41.82

Netcapital's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	40.303	+	3.833
	=	44.14

Netcapital (NAS:NCPL) Total Assets Explanation

Total Assets is connected with ROA %.

Netcapital's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-8.912	/	( (44.679	+	44.135)	/ 2 )
	=	-8.912	/	44.407
	=	-20.07 %

Note: The Net Income data used here is four times the quarterly (Jan. 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.

Netcapital's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	1.043	/	( (44.679	+	44.135)	/ 2 )
=	1.043	/	44.407
=	0.02

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.

Netcapital Total Assets Related Terms

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Netcapital (Netcapital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Netcapital Inc (NAS:NCPL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Lincoln Street, Boston, MA, USA, 02111

Website

https://www.netcapitalinc.com

Netcapital Inc is a financial technology company. The company facilitates the growth of private companies by providing fundraising services and other consulting services. The company's online private investment platform connects entrepreneurs and investors, enabling companies to raise capital digitally.

Executives

Arnold Scott	director	14 CORTLAND AVE, STRATHAM NH 03885
Martin Robert Kay	director	26 KINGSTON ROAD, NEWTON MA 02461
Carole Lisa Murko	officer: Chief Marketing Officer	PO BOX 628, STOCKBRIDGE MA 01262
Kraysler Coreen Sarah	officer: Chief Financial Officer	2 SUMMIT AVE, HULL MA 02045
Cecilia Lenk	officer: Chief Executive Officer	745 ATLANTIC AVENUE, SUITE 1024, BOSTON MA 20111
Kathryn Kraysler	officer: Chief Marketing Officer	745 ATLANTIC AVE, BOSTON MA 02111
Manuel Goncalves Teixeira	officer: CEO	668 CHRISTIAN ROAD, MIDDLEBURY CT 06762
Avi Liss	director	233 HARVARD STREET #308, BROOKLINE MA 02446
Steven F Geary	director	1 LINCOLN STREET, BOSTON MA 02111