Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Total Assets : $0.05 Mil (As of Feb. 2024)

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What is Digital Brand Media & Marketing Group Total Assets?

Digital Brand Media & Marketing Group's Total Assets for the quarter that ended in Feb. 2024 was $0.05 Mil.

During the past 12 months, Digital Brand Media & Marketing Group's average Total Assets Growth Rate was 3.80% per year. During the past 3 years, the average Total Assets Growth Rate was 5.30% per year. During the past 5 years, the average Total Assets Growth Rate was -26.00% per year. During the past 10 years, the average Total Assets Growth Rate was -12.60% per year.

During the past 13 years, Digital Brand Media & Marketing Group's highest 3-Year average Total Assets Growth Rate was 19.50%. The lowest was -43.00%. And the median was 2.20%.

Total Assets is connected with ROA %. Digital Brand Media & Marketing Group's annualized ROA % for the quarter that ended in Feb. 2024 was -1,643.48%. Total Assets is also linked to Revenue through Asset Turnover. Digital Brand Media & Marketing Group's Asset Turnover for the quarter that ended in Feb. 2024 was 1.76.

Digital Brand Media & Marketing Group Total Assets Historical Data

The historical data trend for Digital Brand Media & Marketing 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.

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Digital Brand Media & Marketing Group Total Assets Chart

Digital Brand Media & Marketing Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

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0.08

0.05

0.03

0.07

Digital Brand Media & Marketing Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial															0.09	0.05	0.07	0.04	0.05

Digital Brand Media & Marketing 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.

Digital Brand Media & Marketing Group's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	-6.445	+	6.51
	=	0.06

Digital Brand Media & Marketing Group's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	-7.045	+	7.094
	=	0.05

Digital Brand Media & Marketing Group (OTCPK:DBMM) Total Assets Explanation

Total Assets is connected with ROA %.

Digital Brand Media & Marketing Group's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	-0.756	/	( (0.043	+	0.049)	/ 2 )
	=	-0.756	/	0.046
	=	-1,643.48 %

Note: The Net Income data used here is four times the quarterly (Feb. 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 Brand Media & Marketing Group's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	0.081	/	( (0.043	+	0.049)	/ 2 )
=	0.081	/	0.046
=	1.76

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 Brand Media & Marketing Group Total Assets Related Terms

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Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Digital Brand Media & Marketing Group Inc (OTCPK:DBMM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

845 Third Avenue, 6th Floor, New York, NY, USA, 10022

Website

http://www.dbmmgroup.com

Digital Brand Media & Marketing Group Inc is involved in the business of crafting, designing, and executing digital marketing strategies across multiple advertising platforms and social media networks for an array of clients to increase return on investment. The company generates revenue through Pay-Per-Click Advertising, Search Engine Marketing, Search Engine Optimization Services, Web Design, Social Media, Digital analytics and Advisory Services. It promotes and sells its services under the brand name of Digital Clarity.

Executives

Linda Perry	director	400 EAST 54TH STREET, APT 28E, NEW YORK NY 10022
Reggie James	director	HOLLYDALE SNOWDENHAM LANE, BRAMLEY, SURRY X0 GU5 0AT

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