ALID (Allied) Total Assets: $1.95 Mil (As of Nov. 2024)


What is Allied Total Assets?

Allied ALID -99.80% Total Assets is $1.95 Mil as of Nov. 2024.

Allied's Total Assets for the quarter that ended in Nov. 2024 was $1.95 Mil.

Total Assets is connected with ROA %. Allied's annualized ROA % for the quarter that ended in Nov. 2024 was -153.47%. Total Assets is also linked to Revenue through Asset Turnover. Allied's Asset Turnover for the quarter that ended in Nov. 2024 was 0.01.

Allied  (OTCPK:ALID) Total Assets Explanation

Total Assets is connected with ROA %.

Allied's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %=Net Income (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=-3.12/( (2.115+1.951)/ 2 )
=-3.12/2.033
=-153.47 %

Note: The Net Income data used here is four times the quarterly (Nov. 2024) 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.

Allied's Asset Turnover for the quarter that ended in Nov. 2024 is

Asset Turnover
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=0.028/( (2.115+1.951)/ 2 )
=0.028/2.033
=0.01

* 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.

Allied Total Assets Related Terms

Allied Total Assets Historical Data

* Premium members only.

The historical data trend for Allied'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.

Allied Total Assets Chart

Allied Annual Data
Trend Mar18 Mar19 Aug20 Aug21 Aug22 Aug23 Aug24
Total Assets
Get a 7-Day Free Trial 7.11 4.63 5.79 2.06 2.12

Allied Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 2.01 2.29 2.21 2.12 1.95

Allied 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.

Allied's Total Assets for the fiscal year that ended in Aug. 2024 is calculated as

Total Assets=Total Equity (A: Aug. 2024 )+Total Liabilities (A: Aug. 2024 )
=-7.548+9.663
=2.12

Allied's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets=Total Equity (Q: Nov. 2024 )+Total Liabilities (Q: Nov. 2024 )
=-7.64+9.591
=1.95

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $1.95 Mil mean?
Allied (ALID) has a Total Assets of $1.95 Mil as of Nov. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Allied and its competitors.
Is Allied's Total Assets too high?
Allied's current Total Assets is $1.95 Mil.
How does Allied's Total Assets compare to CBDY and PLSH?
Allied's Total Assets of $1.95 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Drug Manufacturers company?
A good Total Assets depends on the Drug Manufacturers industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Allied and its competitors. Allied's current Total Assets is $1.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied stock overvalued right now?
Allied (ALID) has a current Total Assets of $1.95 Mil. The current Total Assets is $1.95 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Allied (ALID), the current Total Assets is $1.95 Mil as of Nov. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Allied Business Description

Address 460 Doyle Avenue, Suite 200, Kelowna, BC, CAN, V1Y OC2
Allied Corp is an international cannabis company with a mission to help people suffering from Post-Traumatic Stress Disorder (PTSD) by researching, creating, and producing targeted cannabinoid health solutions. The company uses an evidence-informed scientific approach to make this mission possible through cutting-edge pharmaceutical research and development, plant-based production, and the development of therapeutic products. The company operates in two segments, which include Allied and Allied Colombia. Its geographical segments consist of Colombia and Canada. The company's revenue is comprised of sales of cannabis products.