GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Mountain High Acquisitions Corp (OTCPK:MYHI) » Definitions » Total Assets

Mountain High Acquisitions (Mountain High Acquisitions) Total Assets : $0.10 Mil (As of Dec. 2020)


View and export this data going back to 2012. Start your Free Trial

What is Mountain High Acquisitions Total Assets?

Mountain High Acquisitions's Total Assets for the quarter that ended in Dec. 2020 was $0.10 Mil.

Total Assets is connected with ROA %. Mountain High Acquisitions's annualized ROA % for the quarter that ended in Dec. 2020 was -341.57%. Total Assets is also linked to Revenue through Asset Turnover. Mountain High Acquisitions's Asset Turnover for the quarter that ended in Dec. 2020 was 0.00.

Mountain High Acquisitions Total Assets Historical Data

The historical data trend for Mountain High Acquisitions'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.

Mountain High Acquisitions Total Assets Chart

Mountain High Acquisitions Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.01 0.45 0.42 0.21

Mountain High Acquisitions Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.27 0.21 0.18 0.17 0.10

Mountain High Acquisitions 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.

Mountain High Acquisitions's Total Assets for the fiscal year that ended in Mar. 2020 is calculated as

Total Assets=Total Equity (A: Mar. 2020 )+Total Liabilities (A: Mar. 2020 )
=-0.001+0.209
=0.21

Mountain High Acquisitions's Total Assets for the quarter that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (Q: Dec. 2020 )+Total Liabilities (Q: Dec. 2020 )
=-0.107+0.207
=0.10

* 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.

Mountain High Acquisitions  (OTCPK:MYHI) Total Assets Explanation

Total Assets is connected with ROA %.

Mountain High Acquisitions's annualized ROA % for the quarter that ended in Dec. 2020 is

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=-0.456/( (0.168+0.099)/ 2 )
=-0.456/0.1335
=-341.57 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) 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.

Mountain High Acquisitions's Asset Turnover for the quarter that ended in Dec. 2020 is

Asset Turnover
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=0/( (0.168+0.099)/ 2 )
=0/0.1335
=0.00

* 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.

Mountain High Acquisitions Total Assets Related Terms

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

Mountain High Acquisitions (Mountain High Acquisitions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Mountain High Acquisitions Corp (OTCPK:MYHI) » Definitions » Total Assets
Comparable Companies
APPB CNABQ OWCP CXUS GSRX CANB LITH GENH PCYN EVIO ZTS TSE:4502 XTER:MRK HKSE:03692 TSE:4523 SZSE:000661 TSE:4507 SZSE:000538 NSE:SUNPHARMA SZSE:300601
Traded in Other Exchanges
N/A
Address
6501 E Greenway Parkway, Suite 103-412, Scottsdale, AZ, USA, 85254
Website
http://www.mountainhighac.com
Mountain High Acquisitions Corp is turnkey, cutting-edge infrastructure provider to licensed cannabis growers, processors, and producers in regulated markets. In addition to assisting in the design, permitting, development and operation of scalable infrastructure, the company helps licensed operators leverage scientific and technological innovations specifically geared to optimize the cultivation and processing of cannabis.
Executives
Alan M Smith director, officer: President, CEO and Treasurer 1624 MARKET STREET, SUITE 202, DENVER CO 80202
Judy Pham 10 percent owner 578 WASHINGTON BLVD. SUITE 578 MARINA DEL REY CA 90292
Alchemy Capital Llc 10 percent owner 578 WASHINGTON BLVD. SUITE 578 MARINA DEL REY CA 90292
Trilogy Capital Llc 10 percent owner 578 WASHINGTON BOULEVARD SUITE 578 MARINA DEL REY CA 90292
Matthew Wayne Walker director 1740 GERANIUM STREET CARLSBAD CA 92011
Richard G Stifel other: Consultant 6501 E. GREENWAY PKWY, SUITE 103-412, SCOTTSDALE AZ 85254
Raymond Watt director 16339 PINTRO RIDGE DRIVE SAN DIEGO CA 92127
Steve S Sinohui 10 percent owner 2789 S. LAMAR STREET DENVER CO 80227