AMHGQ (Amergent Hospitality Group) Total Assets: $19.19 Mil (As of Dec. 2022)


What is Amergent Hospitality Group Total Assets?

Amergent Hospitality Group AMHGQ -99.00% Total Assets is $19.19 Mil as of Dec. 2022.

Amergent Hospitality Group's Total Assets for the quarter that ended in Dec. 2022 was $19.19 Mil.

Total Assets is connected with ROA %. Amergent Hospitality Group's annualized ROA % for the quarter that ended in Dec. 2022 was -20.54%. Total Assets is also linked to Revenue through Asset Turnover. Amergent Hospitality Group's Asset Turnover for the quarter that ended in Dec. 2022 was 0.22.

Amergent Hospitality Group  (OTCPK:AMHGQ) Total Assets Explanation

Total Assets is connected with ROA %.

Amergent Hospitality Group'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 )
=-4.448/( (24.12+19.185)/ 2 )
=-4.448/21.6525
=-20.54 %

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.

Amergent Hospitality Group'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 )
=4.667/( (24.12+19.185)/ 2 )
=4.667/21.6525
=0.22

* 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.

Amergent Hospitality Group Total Assets Related Terms

Amergent Hospitality Group Total Assets Historical Data

* Premium members only.

The historical data trend for Amergent Hospitality Group'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.

Amergent Hospitality Group Total Assets Chart

Amergent Hospitality Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Assets
31.53 28.65 26.22 19.19

Amergent Hospitality Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 26.22 26.50 24.77 24.12 19.19

Amergent Hospitality Group 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.

Amergent Hospitality Group'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 )
=-9.304+28.489
=19.19

Amergent Hospitality Group'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 )
=-9.304+28.489
=19.19

* 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 $19.19 Mil mean?
Amergent Hospitality Group (AMHGQ) has a Total Assets of $19.19 Mil as of Dec. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Amergent Hospitality Group and its competitors.
Is Amergent Hospitality Group's Total Assets too high?
Amergent Hospitality Group's current Total Assets is $19.19 Mil.
How does Amergent Hospitality Group's Total Assets compare to MCD and SBUX?
Amergent Hospitality Group's Total Assets of $19.19 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Total Assets depends on the Restaurants 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 Amergent Hospitality Group and its competitors. Amergent Hospitality Group's current Total Assets is $19.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amergent Hospitality Group stock overvalued right now?
Amergent Hospitality Group (AMHGQ) has a current Total Assets of $19.19 Mil. The current Total Assets is $19.19 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 Amergent Hospitality Group (AMHGQ), the current Total Assets is $19.19 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.

Amergent Hospitality Group Business Description

Address 7529 Red Oak Lane, Charlotte, NC, USA, 28226
Amergent Hospitality Group Inc owns, operates, and franchises restaurant brands. It generates the majority of its revenue from Restaurant sales, followed by Gaming and Franchise income. The company operates only in the United States.