Tapinator (Tapinator) Total Assets : $3.17 Mil (As of Sep. 2023)

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What is Tapinator Total Assets?

Tapinator's Total Assets for the quarter that ended in Sep. 2023 was $3.17 Mil.

During the past 12 months, Tapinator's average Total Assets Growth Rate was 56.50% per year. During the past 3 years, the average Total Assets Growth Rate was 2.00% per year. During the past 5 years, the average Total Assets Growth Rate was -3.20% per year.

During the past 10 years, Tapinator's highest 3-Year average Total Assets Growth Rate was 225.20%. The lowest was -56.30%. And the median was -0.20%.

Total Assets is connected with ROA %. Tapinator's annualized ROA % for the quarter that ended in Sep. 2023 was -36.31%. Total Assets is also linked to Revenue through Asset Turnover. Tapinator's Asset Turnover for the quarter that ended in Sep. 2023 was 0.37.

Tapinator Total Assets Historical Data

The historical data trend for Tapinator'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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Tapinator Total Assets Chart

Tapinator Annual Data

Trend

Oct07

Oct08

Oct09

Oct12

Oct13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Assets

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1.57

2.77

2.19

1.83

2.23

Tapinator Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Sep22	Sep23
Total Assets	Get a 7-Day Free Trial															2.52	1.95	1.78	-	3.17

Tapinator 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.

Tapinator's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets	=	Total Equity (A: Dec. 2018 )	+	Total Liabilities (A: Dec. 2018 )
	=	1.168	+	1.06
	=	2.23

Tapinator'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 )
	=	1.305	+	1.867
	=	3.17

Tapinator (OTCPK:TAPM) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-1.152	/	( (0	+	3.173)	/ 1 )
	=	-1.152	/	3.173
	=	-36.31 %

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.

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

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	1.176	/	( (0	+	3.173)	/ 1 )
=	1.176	/	3.173
=	0.37

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.

Tapinator Total Assets Related Terms

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Tapinator (Tapinator) Business Description

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Address

1776 Broadway, Suite 2002, New York, NY, USA, 10019

Website

https://www.tapinator.com

Tapinator Inc develops and publishes category- leading apps for mobile platforms, with a focus on social casino games. The company's library includes more than 300 titles. It offers games such as Solitaire Derby, Crypto Trillionaire, Castlebuilder, Combo Quest, and Dice Mage 2 among others. The company generates revenues through the sale of branded advertising and consumer transactions, including in-app purchases and subscriptions.