Koios Beverage (Koios Beverage) Total Assets : $1.26 Mil (As of Nov. 2023)

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What is Koios Beverage Total Assets?

Koios Beverage's Total Assets for the quarter that ended in Nov. 2023 was $1.26 Mil.

During the past 12 months, Koios Beverage's average Total Assets Growth Rate was -27.10% per year. During the past 3 years, the average Total Assets Growth Rate was 93.40% per year. During the past 5 years, the average Total Assets Growth Rate was 69.70% per year.

During the past 13 years, Koios Beverage's highest 3-Year average Total Assets Growth Rate was 416.80%. The lowest was -89.00%. And the median was 53.40%.

Total Assets is connected with ROA %. Koios Beverage's annualized ROA % for the quarter that ended in Nov. 2023 was -332.24%. Total Assets is also linked to Revenue through Asset Turnover. Koios Beverage's Asset Turnover for the quarter that ended in Nov. 2023 was 0.25.

Koios Beverage Total Assets Historical Data

The historical data trend for Koios Beverage'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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Koios Beverage Total Assets Chart

Koios Beverage Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Total Assets

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3.72

1.43

1.56

2.51

2.38

Koios Beverage Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Assets	Get a 7-Day Free Trial															2.29	2.14	2.38	1.49	1.26

Koios Beverage 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.

Koios Beverage's Total Assets for the fiscal year that ended in May. 2023 is calculated as

Total Assets	=	Total Equity (A: May. 2023 )	+	Total Liabilities (A: May. 2023 )
	=	0.124	+	2.258
	=	2.38

Koios Beverage's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	-1.042	+	2.301
	=	1.26

Koios Beverage (OTCPK:FITSF) Total Assets Explanation

Total Assets is connected with ROA %.

Koios Beverage's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	-4.56	/	( (1.485	+	1.26)	/ 2 )
	=	-4.56	/	1.3725
	=	-332.24 %

Note: The Net Income data used here is four times the quarterly (Nov. 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.

Koios Beverage's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	0.343	/	( (1.485	+	1.26)	/ 2 )
=	0.343	/	1.3725
=	0.25

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.

Koios Beverage Total Assets Related Terms

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Koios Beverage (Koios Beverage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Koios Beverage Corp (OTCPK:FITSF) » Definitions » Total Assets

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FIT:Canada

Address

1890 – 1075 West Georgia Street, Suite 810, Vancouver, BC, CAN, V6E 3C9

Website

https://www.koiosbeveragecorp.com

Koios Beverage Corp is a beverage company, which is engaged in the business of producing nutritional beverage drinks using a proprietary blend of nootropics and natural organic compounds. The products of the company includes, sparkling brain energy drink, fit soda, merch, hat, iphone cases and others.