Canada House Wellness Group (Canada House Wellness Group) Total Assets : $32.62 Mil (As of Apr. 2023)

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What is Canada House Wellness Group Total Assets?

Canada House Wellness Group's Total Assets for the quarter that ended in Apr. 2023 was $32.62 Mil.

During the past 12 months, Canada House Wellness Group's average Total Assets Growth Rate was 24.50% per year. During the past 3 years, the average Total Assets Growth Rate was 39.50% per year. During the past 5 years, the average Total Assets Growth Rate was 53.90% per year. During the past 10 years, the average Total Assets Growth Rate was 14.60% per year.

During the past 13 years, Canada House Wellness Group's highest 3-Year average Total Assets Growth Rate was 1394.60%. The lowest was -75.10%. And the median was 39.50%.

Total Assets is connected with ROA %. Canada House Wellness Group's annualized ROA % for the quarter that ended in Apr. 2023 was 6.21%. Total Assets is also linked to Revenue through Asset Turnover. Canada House Wellness Group's Asset Turnover for the quarter that ended in Apr. 2023 was 0.19.

Canada House Wellness Group Total Assets Historical Data

The historical data trend for Canada House Wellness Group'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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Canada House Wellness Group Total Assets Chart

Canada House Wellness Group Annual Data

Trend

Mar12

Mar13

Mar14

Jul15

Jul16

Apr17

Apr18

Apr19

Apr20

Apr21

Total Assets

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4.02

11.82

12.19

10.27

29.61

Canada House Wellness Group Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Oct22	Jan23	Apr23
Total Assets	Get a 7-Day Free Trial															28.77	28.12	37.38	39.67	32.62

Canada House Wellness Group 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.

Canada House Wellness Group's Total Assets for the fiscal year that ended in Apr. 2021 is calculated as

Total Assets	=	Total Equity (A: Apr. 2021 )	+	Total Liabilities (A: Apr. 2021 )
	=	5.501	+	24.107
	=	29.61

Canada House Wellness Group's Total Assets for the quarter that ended in Apr. 2023 is calculated as

Total Assets	=	Total Equity (Q: Apr. 2023 )	+	Total Liabilities (Q: Apr. 2023 )
	=	0.32	+	32.295
	=	32.62

Canada House Wellness Group (OTCPK:SARSF) Total Assets Explanation

Total Assets is connected with ROA %.

Canada House Wellness Group's annualized ROA % for the quarter that ended in Apr. 2023 is

ROA %	=	Net Income (Q: Apr. 2023 )	/	( (Total Assets (Q: Jan. 2023 )	+	Total Assets (Q: Apr. 2023 ))	/ count )
	=	2.244	/	( (39.669	+	32.615)	/ 2 )
	=	2.244	/	36.142
	=	6.21 %

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

Canada House Wellness Group's Asset Turnover for the quarter that ended in Apr. 2023 is

	Asset Turnover
=	Revenue (Q: Apr. 2023 )	/	( (Total Assets (Q: Jan. 2023 )	+	Total Assets (Q: Apr. 2023 ))	/ count )
=	6.93	/	( (39.669	+	32.615)	/ 2 )
=	6.93	/	36.142
=	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.

Canada House Wellness Group Total Assets Related Terms

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Canada House Wellness Group (Canada House Wellness Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Canada House Wellness Group Inc (OTCPK:SARSF) » Definitions » Total Assets

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Address

551 Rue, Saint Marc, Louiseville, Quebec, QC, CAN, J5V 2L4

Website

https://canadahouse.ca/

Canada House Cannabis Group Inc is a licensed producer that produces high quality medical grade cannabis. IsoCanMed Inc, a Licensed Producer in Louiseville, Quebec growing indoor cannabis, production facility employing state of the art vertical, aeroponic production methodologies; Canada House Clinics Inc, with clinics across the country that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from simple and complex medical conditions; and Knalysis Technologies, a provider of fully customizable, cloud-based software that links physician, provider, and patient to data that supports treatment with medical cannabis; Margaree Health Group a medical cannabis clinic.

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