Clever Leaves Holdings (Clever Leaves Holdings) Total Assets : $31.24 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Clever Leaves Holdings Total Assets?

Clever Leaves Holdings's Total Assets for the quarter that ended in Dec. 2023 was $31.24 Mil.

During the past 12 months, Clever Leaves Holdings's average Total Assets Growth Rate was -38.40% per year. During the past 3 years, the average Total Assets Growth Rate was -34.50% per year.

During the past 5 years, Clever Leaves Holdings's highest 3-Year average Total Assets Growth Rate was -22.00%. The lowest was -34.50%. And the median was -28.25%.

Total Assets is connected with ROA %. Clever Leaves Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -58.94%. Total Assets is also linked to Revenue through Asset Turnover. Clever Leaves Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Clever Leaves Holdings Total Assets Historical Data

The historical data trend for Clever Leaves 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.

* Premium members only.

Clever Leaves Holdings Total Assets Chart

Clever Leaves Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

95.72

165.88

116.16

52.10

31.24

Clever Leaves Holdings Quarterly Data
	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												52.10	46.24	42.83	37.78	31.24

Clever Leaves 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.

Clever Leaves Holdings'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 )
	=	24.217	+	7.026
	=	31.24

Clever Leaves Holdings'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 )
	=	24.217	+	7.026
	=	31.24

Clever Leaves Holdings (OTCPK:CLVRW) Total Assets Explanation

Total Assets is connected with ROA %.

Clever Leaves Holdings'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 )
	=	-20.34	/	( (37.777	+	31.243)	/ 2 )
	=	-20.34	/	34.51
	=	-58.94 %

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.

Clever Leaves Holdings'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 )
=	4.638	/	( (37.777	+	31.243)	/ 2 )
=	4.638	/	34.51
=	0.13

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.

Clever Leaves Holdings Total Assets Related Terms

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

Clever Leaves Holdings (Clever Leaves Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Clever Leaves Holdings Inc (OTCPK:CLVRW) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CLVR:USA

Address

19-B Parque Industrial Tibitoc, Tocancipá, Cundinamarca, Bodega, Colombia, BC, CAN

Website

https://www.cleverleaves.com

Clever Leaves Holdings Inc is a producer of pharmaceutical and consumer cannabis brands. The company operates and has investments in Canada, Colombia, Germany, Portugal, and the United States. The company operates in two reportable segments, 1. The Cannabinoid operating segment: is comprised of the Company's cultivation, extraction, and commercialization of cannabinoid products. 2. Non-Cannabinoid operating segment is engaged in the business of formulating, manufacturing, marketing, selling, distributing, and otherwise commercializing nutraceutical and other natural remedies, wellness products, detoxification products, and nutritional and dietary supplements.