Brooqly (Brooqly) Total Assets : $0.25 Mil (As of Mar. 2024)

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What is Brooqly Total Assets?

Brooqly's Total Assets for the quarter that ended in Mar. 2024 was $0.25 Mil.

During the past 12 months, Brooqly's average Total Assets Growth Rate was 103.30% per year.

Total Assets is connected with ROA %. Brooqly's annualized ROA % for the quarter that ended in Mar. 2024 was -170.67%. Total Assets is also linked to Revenue through Asset Turnover. Brooqly's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Brooqly Total Assets Historical Data

The historical data trend for Brooqly'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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Brooqly Total Assets Chart

Brooqly Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

0.08

0.13

0.20

Brooqly Quarterly Data
	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial						0.16	0.15	0.16	0.20	0.25

Brooqly 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.

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

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	-0.077	+	0.278
	=	0.20

Brooqly'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 )
	=	-0.097	+	0.346
	=	0.25

Brooqly (OTCPK:BRQL) Total Assets Explanation

Total Assets is connected with ROA %.

Brooqly'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 )
	=	-0.384	/	( (0.201	+	0.249)	/ 2 )
	=	-0.384	/	0.225
	=	-170.67 %

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.

Brooqly'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	/	( (0.201	+	0.249)	/ 2 )
=	0	/	0.225
=	0.00

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.

Brooqly Total Assets Related Terms

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Brooqly (Brooqly) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Brooqly Inc (OTCPK:BRQL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10101 S. Robert Road, Suite 209, Palos Hills, IL, USA, 60465

Website

https://www.brooqly.com

Brooqly Inc is a technology company that has developed a technological platform that allows: Retail Shops, Consumers, and Consumer Packaged goods Brands to connect and interact through a Social Networking experience. The Platform enables: Retail Shops to register and upload their Catalog Products called Treats. Consumers to sign-up, purchase and send Treats to other registered Users. Brands to advertise their Products throughout the Platform.

Executives

Panagiotis Nikolaos Lazaretos	director, 10 percent owner, officer: CEO	103M1 MARKOU BOTSARI STR, KIFISSIA, ATTICA J3 14561
Nikolaos Ioannou	director, 10 percent owner, officer: COO	KLEOVOULOU 17,, NEOS KOSMOS, ATTIKI J3 11744
Helen V Maridakis	director, 10 percent owner, officer: CFO	6831 W. HIGHLAND DRIVE, PALOS HEIGHTS IL 60463

Brooqly (Brooqly) Headlines

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