Hestia Insight (Hestia Insight) Total Assets : $0.21 Mil (As of Feb. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Hestia Insight Total Assets?

Hestia Insight's Total Assets for the quarter that ended in Feb. 2024 was $0.21 Mil.

During the past 12 months, Hestia Insight's average Total Assets Growth Rate was -85.90% per year.

Total Assets is connected with ROA %. Hestia Insight's annualized ROA % for the quarter that ended in Feb. 2024 was -49.02%. Total Assets is also linked to Revenue through Asset Turnover. Hestia Insight's Asset Turnover for the quarter that ended in Feb. 2024 was 0.19.

Hestia Insight Total Assets Historical Data

The historical data trend for Hestia Insight'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.

Hestia Insight Total Assets Chart

Hestia Insight Annual Data

Trend

Nov22

Nov23

Total Assets

0.71

0.19

Hestia Insight Quarterly Data
	Feb22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial			0.71	0.55	0.29	0.19	0.21

Hestia Insight 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.

Hestia Insight's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (A: Nov. 2023 )	+	Total Liabilities (A: Nov. 2023 )
	=	0.178	+	0.016
	=	0.19

Hestia Insight'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 )
	=	0.153	+	0.061
	=	0.21

Hestia Insight (OTCPK:HSTA) Total Assets Explanation

Total Assets is connected with ROA %.

Hestia Insight'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 )
	=	-0.1	/	( (0.194	+	0.214)	/ 2 )
	=	-0.1	/	0.204
	=	-49.02 %

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.

Hestia Insight'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 )
=	0.038	/	( (0.194	+	0.214)	/ 2 )
=	0.038	/	0.204
=	0.19

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.

Hestia Insight Total Assets Related Terms

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

Hestia Insight (Hestia Insight) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hestia Insight Inc (OTCPK:HSTA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 S. 4th Street, Suite 500, Las Vegas, NV, USA, 89101

Website

http://www.hestiainsight.com

Hestia Insight Inc provides strategic consulting and capital market advisory services for micro, small and medium-sized companies in the healthcare, biotech and fintech sectors. It also provides access to seed capital and mezzanine funding for qualified emerging companies in these industries. The firm derives all of its revenue from consulting services.