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Choom Holdings (Choom Holdings) Total Assets : $15.31 Mil (As of Dec. 2021)


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What is Choom Holdings Total Assets?

Choom Holdings's Total Assets for the quarter that ended in Dec. 2021 was $15.31 Mil.

Total Assets is connected with ROA %. Choom Holdings's annualized ROA % for the quarter that ended in Dec. 2021 was -103.48%. Total Assets is also linked to Revenue through Asset Turnover. Choom Holdings's Asset Turnover for the quarter that ended in Dec. 2021 was 0.18.


Choom Holdings Total Assets Historical Data

The historical data trend for Choom 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.

Choom Holdings Total Assets Chart

Choom Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 76.65 21.75 24.07 21.45

Choom Holdings Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.87 28.64 21.45 20.32 15.31

Choom 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.

Choom Holdings'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 )
=-9.129+30.575
=21.45

Choom Holdings's Total Assets for the quarter that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (Q: Dec. 2021 )+Total Liabilities (Q: Dec. 2021 )
=-2.198+17.512
=15.31

* 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.


Choom Holdings  (OTCPK:CHOOF) Total Assets Explanation

Total Assets is connected with ROA %.

Choom Holdings's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %=Net Income (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=-18.436/( (20.32+15.313)/ 2 )
=-18.436/17.8165
=-103.48 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) 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.

Choom Holdings's Asset Turnover for the quarter that ended in Dec. 2021 is

Asset Turnover
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=3.293/( (20.32+15.313)/ 2 )
=3.293/17.8165
=0.18

* 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.

Choom Holdings Total Assets Related Terms

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Choom Holdings (Choom Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1525 West 8th Avenue, Suite 208, Vancouver, BC, CAN, V6J 1T5
Choom Holdings Inc is a Canadian cannabis retailer. It sells products under the brand name Choom. The company has two primary business units, Retail Cannabis, and Patient Counselling. It generates maximum revenue from the Retail Cannabis segment.