CBGI (Cannabusiness Group) Total Assets: $6.46 Mil (As of Dec. 2007)


What is Cannabusiness Group Total Assets?

Cannabusiness Group CBGI -90.00% Total Assets is $6.46 Mil as of Dec. 2007.

Cannabusiness Group's Total Assets for the quarter that ended in Dec. 2007 was $6.46 Mil.

Total Assets is connected with ROA %. Cannabusiness Group's annualized ROA % for the quarter that ended in Dec. 2007 was -18.95%. Total Assets is also linked to Revenue through Asset Turnover. Cannabusiness Group's Asset Turnover for the quarter that ended in Dec. 2007 was 2.53.

Cannabusiness Group  (OTCPK:CBGI) Total Assets Explanation

Total Assets is connected with ROA %.

Cannabusiness Group's annualized ROA % for the quarter that ended in Dec. 2007 is

ROA %=Net Income (Q: Dec. 2007 )/( (Total Assets (Q: Dec. 2006 )+Total Assets (Q: Dec. 2007 ))/ count )
=-1.02/( (4.306+6.462)/ 2 )
=-1.02/5.384
=-18.95 %

Note: The Net Income data used here is one times the annual (Dec. 2007) 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.

Cannabusiness Group's Asset Turnover for the quarter that ended in Dec. 2007 is

Asset Turnover
=Revenue (Q: Dec. 2007 )/( (Total Assets (Q: Dec. 2006 )+Total Assets (Q: Dec. 2007 ))/ count )
=13.603/( (4.306+6.462)/ 2 )
=13.603/5.384
=2.53

* 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.

Cannabusiness Group Total Assets Related Terms

Cannabusiness Group Total Assets Historical Data

* Premium members only.

The historical data trend for Cannabusiness 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.

Cannabusiness Group Total Assets Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.37 4.40 1.28 4.31 6.46

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.37 4.40 1.28 4.31 6.46

Cannabusiness 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.

Cannabusiness Group's Total Assets for the fiscal year that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (A: Dec. 2007 )+Total Liabilities (A: Dec. 2007 )
=0.463+5.999
=6.46

Cannabusiness Group's Total Assets for the quarter that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (Q: Dec. 2007 )+Total Liabilities (Q: Dec. 2007 )
=0.463+5.999
=6.46

* 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 $6.46 Mil mean?
Cannabusiness Group (CBGI) has a Total Assets of $6.46 Mil as of Dec. 2007. The total amount of assets as recorded on a company's balance sheet. View historical data on Cannabusiness Group and its competitors.
Is Cannabusiness Group's Total Assets too high?
Cannabusiness Group's current Total Assets is $6.46 Mil.
How does Cannabusiness Group's Total Assets compare to BIEI and BKIT?
Cannabusiness Group's Total Assets of $6.46 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Total Assets depends on the Real Estate 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 Cannabusiness Group and its competitors. Cannabusiness Group's current Total Assets is $6.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabusiness Group stock overvalued right now?
Cannabusiness Group (CBGI) has a current Total Assets of $6.46 Mil. The current Total Assets is $6.46 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 Cannabusiness Group (CBGI), the current Total Assets is $6.46 Mil as of Dec. 2007. 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.

Cannabusiness Group Business Description

Address 905 Cotting Lane, Suite 160, Vacaville, CA, USA, 95688
Cannabusiness Group Inc is engaged in real estate acquisition, leasing, and management firms whose primary focus is on zoning issues. The company acquires commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial, and Retail.