Aurora Cannabis (Aurora Cannabis) Total Assets : $609.1 Mil (As of Dec. 2023)

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What is Aurora Cannabis Total Assets?

Aurora Cannabis's Total Assets for the quarter that ended in Dec. 2023 was $609.1 Mil.

Warning Sign:

If a company builds assets at 161.3% a year, faster than its revenue growth rate of 60.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Aurora Cannabis's average Total Assets Growth Rate was -12.60% per year. During the past 3 years, the average Total Assets Growth Rate was 7.60% per year. During the past 5 years, the average Total Assets Growth Rate was 161.30% per year. During the past 10 years, the average Total Assets Growth Rate was 299.50% per year.

During the past 13 years, Aurora Cannabis's highest 3-Year average Total Assets Growth Rate was 678.50%. The lowest was -35.00%. And the median was 189.50%.

Total Assets is connected with ROA %. Aurora Cannabis's annualized ROA % for the quarter that ended in Dec. 2023 was -12.03%. Total Assets is also linked to Revenue through Asset Turnover. Aurora Cannabis's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.

Aurora Cannabis Total Assets Historical Data

The historical data trend for Aurora Cannabis'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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Aurora Cannabis Total Assets Chart

Aurora Cannabis Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Total Assets

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242.71

1,437.34

4,138.19

2,051.30

2,131.53

Aurora Cannabis Quarterly Data
	Mar19	Jun19	Sep19	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															753.65	676.99	626.37	604.81	609.10

Aurora Cannabis 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.

Aurora Cannabis's Total Assets for the fiscal year that ended in Jun. 2021 is calculated as

Total Assets	=	Total Equity (A: Jun. 2021 )	+	Total Liabilities (A: Jun. 2021 )
	=	1667.512	+	464.019
	=	2,131.5

Aurora Cannabis'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 )
	=	416.063	+	193.036
	=	609.1

Aurora Cannabis (NAS:ACB) Total Assets Explanation

Total Assets is connected with ROA %.

Aurora Cannabis'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 )
	=	-73.044	/	( (604.812	+	609.099)	/ 2 )
	=	-73.044	/	606.9555
	=	-12.03 %

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.

Aurora Cannabis'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 )
=	48.017	/	( (604.812	+	609.099)	/ 2 )
=	48.017	/	606.9555
=	0.08

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.

Aurora Cannabis Total Assets Related Terms

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Aurora Cannabis (Aurora Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aurora Cannabis Inc (NAS:ACB) » Definitions » Total Assets

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Traded in Other Exchanges

21P1:Germany ACB:Canada

Address

3498 63 Avenue, Leduc, AB, CAN, T9E 0G8

Website

https://www.auroramj.com

Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.