Agritek Holdings (Agritek Holdings) Total Assets : $0.74 Mil (As of Dec. 2019)

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What is Agritek Holdings Total Assets?

Agritek Holdings's Total Assets for the quarter that ended in Dec. 2019 was $0.74 Mil.

Total Assets is connected with ROA %. Agritek Holdings's annualized ROA % for the quarter that ended in Dec. 2019 was 402.42%. Total Assets is also linked to Revenue through Asset Turnover. Agritek Holdings's Asset Turnover for the quarter that ended in Dec. 2019 was 0.00.

Agritek Holdings Total Assets Historical Data

The historical data trend for Agritek Holdings'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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Agritek Holdings Total Assets Chart

Agritek Holdings Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Assets

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0.09

0.19

0.92

0.57

0.74

Agritek Holdings Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Total Assets	Get a 7-Day Free Trial															0.57	0.82	1.14	1.41	0.74

Agritek Holdings 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.

Agritek Holdings's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets	=	Total Equity (A: Dec. 2019 )	+	Total Liabilities (A: Dec. 2019 )
	=	-4.922	+	5.663
	=	0.74

Agritek Holdings's Total Assets for the quarter that ended in Dec. 2019 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2019 )	+	Total Liabilities (Q: Dec. 2019 )
	=	-4.922	+	5.663
	=	0.74

Agritek Holdings (OTCPK:AGTK) Total Assets Explanation

Total Assets is connected with ROA %.

Agritek Holdings's annualized ROA % for the quarter that ended in Dec. 2019 is

ROA %	=	Net Income (Q: Dec. 2019 )	/	( (Total Assets (Q: Sep. 2019 )	+	Total Assets (Q: Dec. 2019 ))	/ count )
	=	4.332	/	( (1.411	+	0.742)	/ 2 )
	=	4.332	/	1.0765
	=	402.42 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) 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.

Agritek Holdings's Asset Turnover for the quarter that ended in Dec. 2019 is

	Asset Turnover
=	Revenue (Q: Dec. 2019 )	/	( (Total Assets (Q: Sep. 2019 )	+	Total Assets (Q: Dec. 2019 ))	/ count )
=	0	/	( (1.411	+	0.742)	/ 2 )
=	0	/	1.0765
=	0.00

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.

Agritek Holdings Total Assets Related Terms

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Agritek Holdings (Agritek Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agritek Holdings Inc (OTCPK:AGTK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Brickell Avenue, Suite 500, Miami, FL, USA, 33131

Website

http://www.agritekholdings.com

Agritek Holdings Inc is a U.S based fully integrated, active investor and operator in the legal cannabis sector. The company acquires and leases real estate, then leases or sub-leases the real estate to licensed marijuana operators. It is focused on three high-value segments of the cannabis market, including real estate investment, intellectual property brands; and infrastructure, with operations in three states: Colorado, Washington State, and California as well as Canada and Puerto Rico. The firm invests its capital through real estate holdings, licensing agreements, royalties, and equity in acquisition operations.

Executives

Barry Michael Friedman	director, 10 percent owner, officer: CEO, Secretary	319 CLEMATIS STREET, SUITE 1008, WEST PALM BEACH FL 33401
Barry S Hollander	director, officer: CFO	319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Vasan Thatham	other: Former Officer	C/O FRONTLINE COMMUNICATIONS CORP, 1 BLUE HILL PLAZA, PO BOX 1548, PEARLE RIVER NY 10965
Cole Hatchard Stephen J	director, officer: CEO	C/O FRONTLINE COMMUNICATIONS CORP, ONE BLUE HILL PLAZA, PO BOX 1548, PEARLE RIVER NY 10965
Miguel Madero	director