Marijuana Company of America (Marijuana Company of America) Total Assets : $3.47 Mil (As of Sep. 2022)

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What is Marijuana Company of America Total Assets?

Marijuana Company of America's Total Assets for the quarter that ended in Sep. 2022 was $3.47 Mil.

Total Assets is connected with ROA %. Marijuana Company of America's annualized ROA % for the quarter that ended in Sep. 2022 was -343.97%. Total Assets is also linked to Revenue through Asset Turnover. Marijuana Company of America's Asset Turnover for the quarter that ended in Sep. 2022 was 0.03.

Marijuana Company of America Total Assets Historical Data

The historical data trend for Marijuana Company of America'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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Marijuana Company of America Total Assets Chart

Marijuana Company of America Annual Data

Trend

Dec00

Dec01

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Assets

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1.13

1.92

1.14

2.11

7.96

Marijuana Company of America Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Assets	Get a 7-Day Free Trial															6.09	7.96	8.11	5.69	3.47

Marijuana Company of America 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.

Marijuana Company of America's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	0.231	+	7.729
	=	7.96

Marijuana Company of America's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2022 )	+	Total Liabilities (Q: Sep. 2022 )
	=	-5.514	+	8.982
	=	3.47

Marijuana Company of America (OTCPK:MCOA) Total Assets Explanation

Total Assets is connected with ROA %.

Marijuana Company of America's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %	=	Net Income (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
	=	-15.752	/	( (5.691	+	3.468)	/ 2 )
	=	-15.752	/	4.5795
	=	-343.97 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

Marijuana Company of America's Asset Turnover for the quarter that ended in Sep. 2022 is

	Asset Turnover
=	Revenue (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
=	0.142	/	( (5.691	+	3.468)	/ 2 )
=	0.142	/	4.5795
=	0.03

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.

Marijuana Company of America Total Assets Related Terms

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Marijuana Company of America (Marijuana Company of America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Marijuana Company of America Inc (OTCPK:MCOA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

633 West 5th Street, Suite 2826, Los Angeles, CA, USA, 90071

Website

http://www.marijuanacompanyofamerica.com

Marijuana Company of America Inc is a marijuana marketing and distribution company. Through its subsidiary, the company delivers all the benefits of industrial hemp-derived cannabinoid products to the world through its unique marketing and distribution platform through cDistro. It also provides turn-key services to the legal cannabis and hemp industry, as well as, strategically investing in synergistic companies to develop a diverse portfolio of subsidiaries and joint ventures that create value for our shareholders.

Executives

Jesus Quintero	director, 10 percent owner	16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027
Themistocles Psomiadis	director	1420 MIDTOWN AVE, APT 407, MOUNT PLEASANT SC 29464
Donald J Steinberg	director, 10 percent owner, officer: President	3223 SUMAC ROAD, FALLBROOK CA 92028
Charles John Larsen	director, 10 percent owner	333 WASHINGTON BLVD., #386, MARINA DEL REY CA 90292
Hymers Iii R. Leslie	director, 10 percent owner, officer: Chief Financial Officer	520 S GRAND AVENUE, STE 320, LOS ANGELES CA 90071