Invictus MD Strategies (Invictus MD Strategies) Total Assets : $94.69 Mil (As of Oct. 2019)

View and export this data going back to 2015. Start your Free Trial

What is Invictus MD Strategies Total Assets?

Invictus MD Strategies's Total Assets for the quarter that ended in Oct. 2019 was $94.69 Mil.

Total Assets is connected with ROA %. Invictus MD Strategies's annualized ROA % for the quarter that ended in Oct. 2019 was -20.55%. Total Assets is also linked to Revenue through Asset Turnover. Invictus MD Strategies's Asset Turnover for the quarter that ended in Oct. 2019 was 0.01.

Invictus MD Strategies Total Assets Historical Data

The historical data trend for Invictus MD Strategies'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.

Invictus MD Strategies Total Assets Chart

Invictus MD Strategies Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Total Assets

0.33

5.71

15.21

92.89

115.72

Invictus MD Strategies Quarterly Data
	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19
Total Assets	Get a 7-Day Free Trial															111.31	115.72	112.84	99.93	94.69

Invictus MD Strategies 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.

Invictus MD Strategies's Total Assets for the fiscal year that ended in Jan. 2019 is calculated as

Total Assets	=	Total Equity (A: Jan. 2019 )	+	Total Liabilities (A: Jan. 2019 )
	=	88.099	+	27.621
	=	115.72

Invictus MD Strategies's Total Assets for the quarter that ended in Oct. 2019 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2019 )	+	Total Liabilities (Q: Oct. 2019 )
	=	71.078	+	23.608
	=	94.69

Invictus MD Strategies (OTCPK:IVITF) Total Assets Explanation

Total Assets is connected with ROA %.

Invictus MD Strategies's annualized ROA % for the quarter that ended in Oct. 2019 is

ROA %	=	Net Income (Q: Oct. 2019 )	/	( (Total Assets (Q: Jul. 2019 )	+	Total Assets (Q: Oct. 2019 ))	/ count )
	=	-19.992	/	( (99.928	+	94.687)	/ 2 )
	=	-19.992	/	97.3075
	=	-20.55 %

Note: The Net Income data used here is four times the quarterly (Oct. 2019) 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.

Invictus MD Strategies's Asset Turnover for the quarter that ended in Oct. 2019 is

	Asset Turnover
=	Revenue (Q: Oct. 2019 )	/	( (Total Assets (Q: Jul. 2019 )	+	Total Assets (Q: Oct. 2019 ))	/ count )
=	0.636	/	( (99.928	+	94.687)	/ 2 )
=	0.636	/	97.3075
=	0.01

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.

Invictus MD Strategies Total Assets Related Terms

Thank you for viewing the detailed overview of Invictus MD Strategies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Invictus MD Strategies (Invictus MD Strategies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Invictus MD Strategies Corp (OTCPK:IVITF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Burrard Street, 16th floor, Vancouver, BC, CAN, V7X 1J1

Website

http://www.invictus-md.com

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.