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Odd Burger (TSXV:ODD) Total Assets : C$4.45 Mil (As of Dec. 2023)


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What is Odd Burger Total Assets?

Odd Burger's Total Assets for the quarter that ended in Dec. 2023 was C$4.45 Mil.

During the past 12 months, Odd Burger's average Total Assets Growth Rate was -8.60% per year. During the past 3 years, the average Total Assets Growth Rate was 82.90% per year.

During the past 4 years, Odd Burger's highest 3-Year average Total Assets Growth Rate was 82.90%. The lowest was 82.90%. And the median was 82.90%.

Total Assets is connected with ROA %. Odd Burger's annualized ROA % for the quarter that ended in Dec. 2023 was -24.90%. Total Assets is also linked to Revenue through Asset Turnover. Odd Burger's Asset Turnover for the quarter that ended in Dec. 2023 was 0.17.

Odd Burger Total Assets Historical Data

The historical data trend for Odd Burger'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.

Odd Burger Total Assets Chart

Odd Burger Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Total Assets
1.16 7.03 5.22 4.42

Odd Burger Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.96 5.50 5.08 4.42 4.45

Odd Burger 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.

Odd Burger's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=-1.793+6.213
=4.42

Odd Burger'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 )
=-2.084+6.532
=4.45

* 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.

Odd Burger  (TSXV:ODD) Total Assets Explanation

Total Assets is connected with ROA %.

Odd Burger'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 )
=-1.104/( (4.42+4.448)/ 2 )
=-1.104/4.434
=-24.90 %

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.

Odd Burger'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 )
=0.734/( (4.42+4.448)/ 2 )
=0.734/4.434
=0.17

* 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.

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.

Odd Burger Total Assets Related Terms

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Odd Burger (TSXV:ODD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Odd Burger Corp (TSXV:ODD) » Definitions » Total Assets
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Traded in Other Exchanges
ODDAF:USA IA9:Germany
Address
505 Consortium Court, London, ON, CAN, N6E 2S8
Website
https://www.oddburger.com
Odd Burger Corp is a plant-based food technology company that manufactures and distributes plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. It distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurant locations. Its restaurant locations operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. The company operates a manufacturing facility and has restaurant locations in Canada.