Snail (SNAL) Total Assets : $78.29 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Snail Total Assets?

Snail's Total Assets for the quarter that ended in Mar. 2024 was $78.29 Mil.

During the past 12 months, Snail's average Total Assets Growth Rate was 0.10% per year. During the past 3 years, the average Total Assets Growth Rate was -7.60% per year.

During the past 5 years, Snail's highest 3-Year average Total Assets Growth Rate was -7.60%. The lowest was -7.60%. And the median was -7.60%.

Total Assets is connected with ROA %. Snail's annualized ROA % for the quarter that ended in Mar. 2024 was -8.41%. Total Assets is also linked to Revenue through Asset Turnover. Snail's Asset Turnover for the quarter that ended in Mar. 2024 was 0.17.

Snail Total Assets Historical Data

The historical data trend for Snail'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.

Snail Total Assets Chart

Snail Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

123.62

80.09

72.77

90.86

Snail Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial									66.24	60.38	61.44	90.86	78.29

Snail 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.

Snail'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 )
	=	2.801	+	88.057
	=	90.86

Snail'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 )
	=	0.134	+	78.158
	=	78.29

Snail (NAS:SNAL) Total Assets Explanation

Total Assets is connected with ROA %.

Snail'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 )
	=	-7.116	/	( (90.858	+	78.292)	/ 2 )
	=	-7.116	/	84.575
	=	-8.41 %

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.

Snail'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 )
=	14.116	/	( (90.858	+	78.292)	/ 2 )
=	14.116	/	84.575
=	0.17

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.

Snail Total Assets Related Terms

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

Snail (SNAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Snail Inc (NAS:SNAL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

12049 Jefferson Boulevard, Culver City, CA, USA, 90230

Website

https://www.snail.com

Snail Inc is a global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PC's and mobile devices. Geographic presence of company is in United States and International majority of its revenue comes from United States.

Executives

Heidy Kingwan Chow	officer: Chief Financial Officer	92 KESTREL, IRVINE CA 92618
Neil Foster	director	320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018
Hai Shi	director	12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Jim S. Tsai	officer: Chief Executive Officer	12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Sandra Pundmann	director	12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Peter Yung Kang	officer: Chief Operating Officer	12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Ying Zhou	director	12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Xiaoming Ye	10 percent owner	ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Qianrong Capital Ltd	10 percent owner	ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Suzhou Ding Rong Investment Management Ltd	10 percent owner	ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Hua Yuan International Ltd	10 percent owner	ROOM 8201, INTERNATIONAL COMMERCE CENTRE, 1 AUSTIN ROAD WEST, KOWLOON, HONG KONG K3 999077
Ancient Jade (east) Holdings Ltd	10 percent owner	FLOOR 12 - TOWER D, NO.1 XUANWUMENWAI ST, XICHENG DISTRICT, BEIJING F4 100000