GainClients (GainClients) Total Assets : $0.60 Mil (As of Sep. 2023)

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What is GainClients Total Assets?

GainClients's Total Assets for the quarter that ended in Sep. 2023 was $0.60 Mil.

Total Assets is connected with ROA %. GainClients's annualized ROA % for the quarter that ended in Sep. 2023 was 0.67%. Total Assets is also linked to Revenue through Asset Turnover. GainClients's Asset Turnover for the quarter that ended in Sep. 2023 was 0.05.

GainClients Total Assets Historical Data

The historical data trend for GainClients'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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GainClients Total Assets Chart

GainClients Annual Data

Trend

Total Assets

GainClients Quarterly Data
	Jun22	Sep22	Jun23	Sep23
Total Assets	-	-	0.60	0.60

GainClients 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.

GainClients's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets	=	Total Equity (A: . 20 )	+	Total Liabilities (A: . 20 )
	=	N/A	+	N/A
	=	N/A

GainClients's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-5.496	+	6.092
	=	0.60

GainClients (OTCPK:GCLT) Total Assets Explanation

Total Assets is connected with ROA %.

GainClients's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	0.004	/	( (0.602	+	0.596)	/ 2 )
	=	0.004	/	0.599
	=	0.67 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

GainClients's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0.027	/	( (0.602	+	0.596)	/ 2 )
=	0.027	/	0.599
=	0.05

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.

GainClients Total Assets Related Terms

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GainClients (GainClients) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GainClients Inc (OTCPK:GCLT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6245 East Broadway Boulevard, Suite 400, Tucson, AZ, USA, 85711

Website

https://www.thegainclientsway.com

GainClients Inc is a United States-based software service company. It provides lead generation and marketing services to the real estate industry. Its primary products are The GCard and the Daily Opportunity Service. The GCard is a web and mobile real estate networking service that connects professionals and consumers where home search behavior is tracked and reported. The Daily Opportunity Service is a new purchase money solution for lending and title organizations. These services can be used together or separately providing flexibility and customized solutions.