Leafbuyer Technologies (Leafbuyer Technologies) Total Assets : $1.25 Mil (As of Dec. 2023)

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What is Leafbuyer Technologies Total Assets?

Leafbuyer Technologies's Total Assets for the quarter that ended in Dec. 2023 was $1.25 Mil.

Warning Sign:

If a company builds assets at 25.4% a year, faster than its revenue growth rate of 9.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Leafbuyer Technologies's average Total Assets Growth Rate was -38.70% per year. During the past 3 years, the average Total Assets Growth Rate was -27.60% per year. During the past 5 years, the average Total Assets Growth Rate was 25.40% per year.

During the past 9 years, Leafbuyer Technologies's highest 3-Year average Total Assets Growth Rate was 1131.20%. The lowest was -27.60%. And the median was 145.00%.

Total Assets is connected with ROA %. Leafbuyer Technologies's annualized ROA % for the quarter that ended in Dec. 2023 was -66.64%. Total Assets is also linked to Revenue through Asset Turnover. Leafbuyer Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 1.09.

Leafbuyer Technologies Total Assets Historical Data

The historical data trend for Leafbuyer 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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Leafbuyer Technologies Total Assets Chart

Leafbuyer Technologies Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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3.92

4.98

3.40

2.37

1.84

Leafbuyer Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															1.97	1.93	1.84	1.39	1.25

Leafbuyer 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.

Leafbuyer Technologies's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	-1.279	+	3.114
	=	1.84

Leafbuyer Technologies's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	-1.725	+	2.976
	=	1.25

Leafbuyer Technologies (OTCPK:LBUY) Total Assets Explanation

Total Assets is connected with ROA %.

Leafbuyer Technologies's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.88	/	( (1.39	+	1.251)	/ 2 )
	=	-0.88	/	1.3205
	=	-66.64 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Leafbuyer Technologies's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1.434	/	( (1.39	+	1.251)	/ 2 )
=	1.434	/	1.3205
=	1.09

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.

Leafbuyer Technologies Total Assets Related Terms

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Leafbuyer Technologies (Leafbuyer Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Leafbuyer Technologies Inc (OTCPK:LBUY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6888 South Clinton Street, Suite 301, Greenwood Village, CO, USA, 80112

Website

https://www.leafbuyer.com

Leafbuyer Technologies Inc operates an online portal for cannabis deals and specials. The company primarily serves legal cannabis dispensaries and companies who create cannabis-related products. It markets THC, CBD, CBG, Concentrates, and Edibles Products.

Executives

Jeffrey D Rudolph	director	PO BOX 202319, DENVER CO 80220
Kristin Lea Baca	director	16871 E CALEY PL, AURORA CO 80016
Kurt Rossner	director, 10 percent owner, officer: Chief Operating Officer	6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Mark Breen	director, 10 percent owner, officer: Chief Operating Officer	6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Michael Goerner	director, 10 percent owner, officer: Chief Operating Officer	6888 S. CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112