Startengine Crowdfunding (Startengine Crowdfunding) Total Assets : $51.52 Mil (As of Mar. 2024)

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What is Startengine Crowdfunding Total Assets?

Startengine Crowdfunding's Total Assets for the quarter that ended in Mar. 2024 was $51.52 Mil.

During the past 12 months, Startengine Crowdfunding's average Total Assets Growth Rate was 143.90% per year.

Total Assets is connected with ROA %. Startengine Crowdfunding's annualized ROA % for the quarter that ended in Mar. 2024 was -30.60%. Total Assets is also linked to Revenue through Asset Turnover. Startengine Crowdfunding's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.

Startengine Crowdfunding Total Assets Historical Data

The historical data trend for Startengine Crowdfunding'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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Startengine Crowdfunding Total Assets Chart

Startengine Crowdfunding Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

35.21

30.91

53.59

Startengine Crowdfunding Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial							30.56	55.60	57.21	53.59	51.52

Startengine Crowdfunding 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.

Startengine Crowdfunding'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 )
	=	45.339	+	8.256
	=	53.60

Startengine Crowdfunding'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 )
	=	44.186	+	7.335
	=	51.52

Startengine Crowdfunding (OTCPK:STGC) Total Assets Explanation

Total Assets is connected with ROA %.

Startengine Crowdfunding'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 )
	=	-16.084	/	( (53.594	+	51.52)	/ 2 )
	=	-16.084	/	52.557
	=	-30.60 %

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.

Startengine Crowdfunding'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 )
=	9.758	/	( (53.594	+	51.52)	/ 2 )
=	9.758	/	52.557
=	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.

Startengine Crowdfunding Total Assets Related Terms

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Startengine Crowdfunding (Startengine Crowdfunding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Startengine Crowdfunding Inc (OTCPK:STGC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4100 West Alameda Avenue, 3rd Floor, Burbank, CA, USA, 91505

Website

https://www.startengine.com

Startengine Crowdfunding Inc is an equity crowdfunding platform. The company allows investors and common people to invest in start-up projects and early-stage companies. Also, it facilitates small and medium-sized businesses in raising capital at every stage and provides related services.

Executives

Joshua Daniel Amster	officer: VP, Fundraising	16029 SKYTOP RD ENCINO CA 91436
Jonathan Reyes	officer: Chief Compliance Officer	3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Aubrey Chernick	10 percent owner	C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Lee Miller	10 percent owner	1014 23RD ST. SANTA MONICA CA 90403
Johanna Cronin	officer: Chief Marketing Officer	3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Howard Edward Marks	director, 10 percent owner, officer: Chief Executive Officer	2900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Ronald David Miller	director, 10 percent owner	3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Jebsen Allen C D	officer: SVP, Fundraising	3900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Hunter Strassman	officer: VP, Finance	C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STRE 1200 BURBANK CA 91515
Joeseph Mathews	officer: Chief Technology Officer	C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE. SUITE 1200 BURBANK CA 91505

Startengine Crowdfunding (Startengine Crowdfunding) Headlines

From GuruFocus

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By GuruFocus Research GuruFocus Editor • 12-22-2022