ALTD (Altitude International Holdings) Total Assets: $101.02 Mil (As of Dec. 2022)


What is Altitude International Holdings Total Assets?

Altitude International Holdings ALTD Total Assets is $101.02 Mil as of Dec. 2022.

Altitude International Holdings's Total Assets for the quarter that ended in Dec. 2022 was $101.02 Mil.

Total Assets is connected with ROA %. Altitude International Holdings's annualized ROA % for the quarter that ended in Dec. 2022 was -24.74%. Total Assets is also linked to Revenue through Asset Turnover. Altitude International Holdings's Asset Turnover for the quarter that ended in Dec. 2022 was 0.04.

Altitude International Holdings  (OTCPK:ALTD) Total Assets Explanation

Total Assets is connected with ROA %.

Altitude International Holdings's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=-25.388/( (104.225+101.018)/ 2 )
=-25.388/102.6215
=-24.74 %

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

Altitude International Holdings's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=4.498/( (104.225+101.018)/ 2 )
=4.498/102.6215
=0.04

* 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.

Altitude International Holdings Total Assets Related Terms

Altitude International Holdings Total Assets Historical Data

* Premium members only.

The historical data trend for Altitude International Holdings'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.

Altitude International Holdings Total Assets Chart

Altitude International Holdings Annual Data
Trend Dec20 Dec21 Dec22
Total Assets
0.94 30.62 101.02

Altitude International Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.62 32.52 34.25 104.23 101.02

Altitude International Holdings 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.

Altitude International Holdings's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=23.116+77.901
=101.02

Altitude International Holdings's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=23.116+77.901
=101.02

* 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 $101.02 Mil mean?
Altitude International Holdings (ALTD) has a Total Assets of $101.02 Mil as of Dec. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Altitude International Holdings and its competitors.
Is Altitude International Holdings' Total Assets too high?
Altitude International Holdings' current Total Assets is $101.02 Mil.
How does Altitude International Holdings' Total Assets compare to CNXA and BTDG?
Altitude International Holdings' Total Assets of $101.02 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Total Assets depends on the Travel & Leisure 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 Altitude International Holdings and its competitors. Altitude International Holdings's current Total Assets is $101.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altitude International Holdings stock overvalued right now?
Altitude International Holdings (ALTD) has a current Total Assets of $101.02 Mil. The current Total Assets is $101.02 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 Altitude International Holdings (ALTD), the current Total Assets is $101.02 Mil as of Dec. 2022. 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.

Altitude International Holdings Business Description

Address 4500 SE Pine Valley Street, Port Saint Lucie, FL, USA, 34952
Altitude International Holdings Inc is a vertically integrated high-performance sports, education, and technology company. It owns and operates sports training and educational institutions, manufacture oxygen training chambers and manufacture atmospheric water generators.