Canlan Ice Sports (TSX:ICE) Total Assets : C$122.00 Mil (As of Dec. 2023)

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What is Canlan Ice Sports Total Assets?

Canlan Ice Sports's Total Assets for the quarter that ended in Dec. 2023 was C$122.00 Mil.

During the past 12 months, Canlan Ice Sports's average Total Assets Growth Rate was -0.20% per year. During the past 3 years, the average Total Assets Growth Rate was -3.30% per year. During the past 5 years, the average Total Assets Growth Rate was -2.70% per year. During the past 10 years, the average Total Assets Growth Rate was 0.40% per year.

During the past 13 years, Canlan Ice Sports's highest 3-Year average Total Assets Growth Rate was 7.10%. The lowest was -18.20%. And the median was -1.00%.

Total Assets is connected with ROA %. Canlan Ice Sports's annualized ROA % for the quarter that ended in Dec. 2023 was 0.13%. Total Assets is also linked to Revenue through Asset Turnover. Canlan Ice Sports's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

Canlan Ice Sports Total Assets Historical Data

The historical data trend for Canlan Ice Sports'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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Canlan Ice Sports Total Assets Chart

Canlan Ice Sports Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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141.16

121.48

116.61

121.71

122.00

Canlan Ice Sports 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															121.71	119.02	116.33	118.57	122.00

Canlan Ice Sports 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.

Canlan Ice Sports's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	44.656	+	77.343
	=	122.00

Canlan Ice Sports'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 )
	=	44.656	+	77.343
	=	122.00

Canlan Ice Sports (TSX:ICE) Total Assets Explanation

Total Assets is connected with ROA %.

Canlan Ice Sports'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 )
	=	0.16	/	( (118.565	+	121.999)	/ 2 )
	=	0.16	/	120.282
	=	0.13 %

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.

Canlan Ice Sports'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 )
=	24.617	/	( (118.565	+	121.999)	/ 2 )
=	24.617	/	120.282
=	0.20

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.

Canlan Ice Sports Total Assets Related Terms

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Canlan Ice Sports (TSX:ICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Canlan Ice Sports Corp (TSX:ICE) » Definitions » Total Assets

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Address

6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8

Website

https://www.canlansports.com

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment which is an Ice rink and recreational facilities which derive revenue from food and beverage, sports stores, sponsorship, space rental, and others. Geographically it generates the majority of its revenue from Canada.