APPB (Applied Biosciences) Total Assets: $3.42 Mil (As of Dec. 2019)


APPB Applied Biosciences Corp APPB
12 GF Score
Price $0.00
View Full Analysis

What is Applied Biosciences Total Assets?

Applied Biosciences APPB 12 Total Assets is $3.42 Mil as of Dec. 2019. GuruFocus rates APPB with a GF Score™ of 12/100.

Applied Biosciences's Total Assets for the quarter that ended in Dec. 2019 was $3.42 Mil.

Total Assets is connected with ROA %. Applied Biosciences's annualized ROA % for the quarter that ended in Dec. 2019 was -156.82%. Total Assets is also linked to Revenue through Asset Turnover. Applied Biosciences's Asset Turnover for the quarter that ended in Dec. 2019 was 0.05.

Applied Biosciences  (OTCPK:APPB) Total Assets Explanation

Total Assets is connected with ROA %.

Applied Biosciences's annualized ROA % for the quarter that ended in Dec. 2019 is

ROA %=Net Income (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=-5.412/( (3.484+3.418)/ 2 )
=-5.412/3.451
=-156.82 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) 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.

Applied Biosciences's Asset Turnover for the quarter that ended in Dec. 2019 is

Asset Turnover
=Revenue (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=0.17/( (3.484+3.418)/ 2 )
=0.17/3.451
=0.05

* 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.

Applied Biosciences Total Assets Related Terms

Applied Biosciences Total Assets Historical Data

* Premium members only.

The historical data trend for Applied Biosciences'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.

Applied Biosciences Total Assets Chart

Applied Biosciences Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Total Assets
0.01 0.00 0.00 1.68 0.71

Applied Biosciences Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 1.81 3.65 3.52 3.48 3.42
APPB
12GF Score
Applied Biosciences Corp APPB
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Applied Biosciences 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.

Applied Biosciences's Total Assets for the fiscal year that ended in Mar. 2018 is calculated as

Total Assets=Total Equity (A: Mar. 2018 )+Total Liabilities (A: Mar. 2018 )
=0.669+0.036
=0.71

Applied Biosciences's Total Assets for the quarter that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (Q: Dec. 2019 )+Total Liabilities (Q: Dec. 2019 )
=1.138+2.28
=3.42

* 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 $3.42 Mil mean?
Applied Biosciences (APPB) has a Total Assets of $3.42 Mil as of Dec. 2019. The total amount of assets as recorded on a company's balance sheet. View historical data on Applied Biosciences and its competitors.
Is Applied Biosciences' Total Assets too high?
Applied Biosciences' current Total Assets is $3.42 Mil. Overall, Applied Biosciences has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Applied Biosciences' Total Assets compare to CNABQ and OWCP?
Applied Biosciences' Total Assets of $3.42 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 Applied Biosciences and its competitors. Applied Biosciences's current Total Assets is $3.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Biosciences stock overvalued right now?
Applied Biosciences (APPB) has a current Total Assets of $3.42 Mil. The current Total Assets is $3.42 Mil. Applied Biosciences' overall GF Score™ is 12/100. 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 Applied Biosciences (APPB), the current Total Assets is $3.42 Mil as of Dec. 2019. 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.

Applied Biosciences Business Description

Address 112 North Curry Street, 18th Floor, Carson, NY, USA, 89703
Applied Biosciences Corp is a vertically integrated company focused on the development and commercialization of novel, science-driven, synthetic cannabinoid therapeutics / biopharmaceuticals that target the endocannabinoid system to treat a wide-range of diseases across multiple therapeutic areas. The company also deliver high-quality consumer and OTC THC-free CBD products that promote overall health and wellbeing as well as state-of-the-art testing and analytics capabilities to its customers.
12GF Score

Get the complete analysis for APPB

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price