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BFYW (Better For You Wellness) Total Assets : $0.20 Mil (As of Aug. 2024)


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What is Better For You Wellness Total Assets?

Better For You Wellness's Total Assets for the quarter that ended in Aug. 2024 was $0.20 Mil.

During the past 12 months, Better For You Wellness's average Total Assets Growth Rate was -76.20% per year. During the past 3 years, the average Total Assets Growth Rate was -42.80% per year.

During the past 13 years, Better For You Wellness's highest 3-Year average Total Assets Growth Rate was 431.60%. The lowest was -42.80%. And the median was -4.10%.

Total Assets is connected with ROA %. Better For You Wellness's annualized ROA % for the quarter that ended in Aug. 2024 was -581.29%. Total Assets is also linked to Revenue through Asset Turnover. Better For You Wellness's Asset Turnover for the quarter that ended in Aug. 2024 was 0.03.


Better For You Wellness Total Assets Historical Data

The historical data trend for Better For You Wellness'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.

* Premium members only.

Better For You Wellness Total Assets Chart

Better For You Wellness Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Feb22 Feb23 Feb24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.17 0.01 0.62 0.22

Better For You Wellness Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.83 0.80 0.22 0.22 0.20

Better For You Wellness 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.

Better For You Wellness's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (A: Feb. 2024 )+Total Liabilities (A: Feb. 2024 )
=-1.994+2.215
=0.22

Better For You Wellness's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets=Total Equity (Q: Aug. 2024 )+Total Liabilities (Q: Aug. 2024 )
=-2.565+2.764
=0.20

* 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.


Better For You Wellness  (OTCPK:BFYW) Total Assets Explanation

Total Assets is connected with ROA %.

Better For You Wellness's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %=Net Income (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=-1.212/( (0.218+0.199)/ 2 )
=-1.212/0.2085
=-581.29 %

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

Better For You Wellness's Asset Turnover for the quarter that ended in Aug. 2024 is

Asset Turnover
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=0.006/( (0.218+0.199)/ 2 )
=0.006/0.2085
=0.03

* 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.

Better For You Wellness Total Assets Related Terms

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Better For You Wellness Business Description

Traded in Other Exchanges
N/A
Address
1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205
Better For You Wellness Inc is engaged in building brands and companies organically as well as exploring and evaluating various opportunities in the plant-based and science-focused food and beverage and consumer packaged goods sectors, including but not limited to, mergers, acquisitions, or business combination transactions.

Better For You Wellness Headlines

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