Digital Turbine (STU:4MD) Total Assets : €796.3 Mil (As of Mar. 2024)

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What is Digital Turbine Total Assets?

Digital Turbine's Total Assets for the quarter that ended in Mar. 2024 was €796.3 Mil.

Warning Sign:

If a company builds assets at 76.9% a year, faster than its revenue growth rate of 41.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Digital Turbine's average Total Assets Growth Rate was -30.10% per year. During the past 3 years, the average Total Assets Growth Rate was 53.60% per year. During the past 5 years, the average Total Assets Growth Rate was 76.90% per year. During the past 10 years, the average Total Assets Growth Rate was 40.10% per year.

During the past 13 years, Digital Turbine's highest 3-Year average Total Assets Growth Rate was 355.90%. The lowest was -59.10%. And the median was 45.90%.

Total Assets is connected with ROA %. Digital Turbine's annualized ROA % for the quarter that ended in Mar. 2024 was -96.11%. Total Assets is also linked to Revenue through Asset Turnover. Digital Turbine's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Digital Turbine Total Assets Historical Data

The historical data trend for Digital Turbine'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.

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Digital Turbine Total Assets Chart

Digital Turbine Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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166.53

218.71

1,324.33

1,182.96

796.30

Digital Turbine 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															1,182.96	1,164.26	1,022.44	1,014.78	796.30

Digital Turbine 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.

Digital Turbine's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	196.817	+	599.479
	=	796.3

Digital Turbine'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 )
	=	196.817	+	599.479
	=	796.3

Digital Turbine (STU:4MD) Total Assets Explanation

Total Assets is connected with ROA %.

Digital Turbine'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 )
	=	-870.344	/	( (1014.784	+	796.297)	/ 2 )
	=	-870.344	/	905.5405
	=	-96.11 %

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.

Digital Turbine'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 )
=	103.245	/	( (1014.784	+	796.297)	/ 2 )
=	103.245	/	905.5405
=	0.11

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.

Digital Turbine Total Assets Related Terms

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Digital Turbine (STU:4MD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Turbine Inc (STU:4MD) » Definitions » Total Assets

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APPS:USA 4MD:Germany

Address

110 San Antonio Street, Suite 160, Austin, TX, USA, 78701

Website

https://www.digitalturbine.com

Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.

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