Connexa Sports Technologies (Connexa Sports Technologies) Total Assets : $21.75 Mil (As of Jan. 2024)

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What is Connexa Sports Technologies Total Assets?

Connexa Sports Technologies's Total Assets for the quarter that ended in Jan. 2024 was $21.75 Mil.

During the past 12 months, Connexa Sports Technologies's average Total Assets Growth Rate was -76.30% per year. During the past 3 years, the average Total Assets Growth Rate was 74.40% per year. During the past 5 years, the average Total Assets Growth Rate was 576.10% per year.

During the past 8 years, Connexa Sports Technologies's highest 3-Year average Total Assets Growth Rate was 2813.60%. The lowest was 74.40%. And the median was 741.60%.

Total Assets is connected with ROA %. Connexa Sports Technologies's annualized ROA % for the quarter that ended in Jan. 2024 was -110.93%. Total Assets is also linked to Revenue through Asset Turnover. Connexa Sports Technologies's Asset Turnover for the quarter that ended in Jan. 2024 was 0.15.

Connexa Sports Technologies Total Assets Historical Data

The historical data trend for Connexa Sports Technologies'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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Connexa Sports Technologies Total Assets Chart

Connexa Sports Technologies Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Assets

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0.01

1.38

5.70

74.86

7.11

Connexa Sports Technologies 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															19.51	7.11	6.58	5.46	21.75

Connexa Sports Technologies 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.

Connexa Sports Technologies'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 )
	=	-18.614	+	25.721
	=	7.11

Connexa Sports Technologies'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 )
	=	4.045	+	17.7
	=	21.75

Connexa Sports Technologies (NAS:YYAI) Total Assets Explanation

Total Assets is connected with ROA %.

Connexa Sports Technologies'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 )
	=	-15.092	/	( (5.464	+	21.746)	/ 2 )
	=	-15.092	/	13.605
	=	-110.93 %

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.

Connexa Sports Technologies'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 )
=	2.07	/	( (5.464	+	21.746)	/ 2 )
=	2.07	/	13.605
=	0.15

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.

Connexa Sports Technologies Total Assets Related Terms

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Connexa Sports Technologies (Connexa Sports Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Connexa Sports Technologies Inc (NAS:YYAI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2709 North Rolling Road, Suite 138, Windsor Mill, Baltimore, MD, USA, 21244

Website

https://www.connexasports.com

Connexa Sports Technologies Inc is a connected sports company delivering products, technologies and services across the Watch, Play, Learn commercial and subscription-as-a-service activities in sports. Digital disruption is restructuring how sports are enjoyed, consumed and monetized. Its portfolio of brands includes Slinger and GAMEFACE.AI.

Executives

Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Mark Frederick Radom	officer: GENERAL COUNSEL	2709 NORTH ROLLING ROAD, SUITE 138, WINDSOR MILL, BALTIMORE MD 21244
Mike Ballardie	director, officer: CEO and Director	2709 NORTH ROLLING ROAD,, SUITE 138, WINDSOR MILL,, BALTIMORE MD 21244
Jason Paul Seifert	officer: CHIEF FINANCIAL OFFICER	2420 BRIXHAM AVENUE, ORLANDO FL 32828
Yonah Kalfa	10 percent owner	9 RABAN GAMLIEL, RAANANA L3 434024