Liquid Media Group (Liquid Media Group) Total Assets : $14.72 Mil (As of Aug. 2022)

View and export this data going back to 1993. Start your Free Trial

What is Liquid Media Group Total Assets?

Liquid Media Group's Total Assets for the quarter that ended in Aug. 2022 was $14.72 Mil.

Total Assets is connected with ROA %. Liquid Media Group's annualized ROA % for the quarter that ended in Aug. 2022 was -36.66%. Total Assets is also linked to Revenue through Asset Turnover. Liquid Media Group's Asset Turnover for the quarter that ended in Aug. 2022 was 0.10.

Liquid Media Group Total Assets Historical Data

The historical data trend for Liquid Media Group'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.

Liquid Media Group Total Assets Chart

Liquid Media Group Annual Data

Trend

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Nov19

Nov20

Nov21

Total Assets

Get a 7-Day Free Trial

4.53

1.14

11.58

9.29

11.57

Liquid Media Group Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Total Assets	Get a 7-Day Free Trial															15.02	11.57	11.26	16.31	14.72

Liquid Media Group 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.

Liquid Media Group's Total Assets for the fiscal year that ended in Nov. 2021 is calculated as

Total Assets	=	Total Equity (A: Nov. 2021 )	+	Total Liabilities (A: Nov. 2021 )
	=	7.042	+	4.525
	=	11.57

Liquid Media Group's Total Assets for the quarter that ended in Aug. 2022 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2022 )	+	Total Liabilities (Q: Aug. 2022 )
	=	5.823	+	8.898
	=	14.72

Liquid Media Group (OTCPK:YVRLF) Total Assets Explanation

Total Assets is connected with ROA %.

Liquid Media Group's annualized ROA % for the quarter that ended in Aug. 2022 is

ROA %	=	Net Income (Q: Aug. 2022 )	/	( (Total Assets (Q: May. 2022 )	+	Total Assets (Q: Aug. 2022 ))	/ count )
	=	-5.688	/	( (16.311	+	14.721)	/ 2 )
	=	-5.688	/	15.516
	=	-36.66 %

Note: The Net Income data used here is four times the quarterly (Aug. 2022) 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.

Liquid Media Group's Asset Turnover for the quarter that ended in Aug. 2022 is

	Asset Turnover
=	Revenue (Q: Aug. 2022 )	/	( (Total Assets (Q: May. 2022 )	+	Total Assets (Q: Aug. 2022 ))	/ count )
=	1.534	/	( (16.311	+	14.721)	/ 2 )
=	1.534	/	15.516
=	0.10

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.

Liquid Media Group Total Assets Related Terms

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

Liquid Media Group (Liquid Media Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Liquid Media Group Ltd (OTCPK:YVRLF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

409 Granville Street, Suite 1000, United Kingdom Building, Vancouver, BC, CAN, V6C 1T2

Website

https://www.liquidmediagroup.co

Liquid Media Group Ltd is an entertainment company with a portfolio of content IP (Intellectual Property) spanning creative industries. Originating in Vancouver's media and entertainment supercluster, the company's mission is to empower storytellers to develop, produce and distribute across channels and platforms. Its operating segment includes investment in video games andinvestment in the distribution of films.