Christina Lake Cannabis (Christina Lake Cannabis) Total Assets : $11.65 Mil (As of Nov. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Christina Lake Cannabis Total Assets?

Christina Lake Cannabis's Total Assets for the quarter that ended in Nov. 2023 was $11.65 Mil.

During the past 12 months, Christina Lake Cannabis's average Total Assets Growth Rate was -14.50% per year. During the past 3 years, the average Total Assets Growth Rate was -3.20% per year. During the past 5 years, the average Total Assets Growth Rate was 61.50% per year.

During the past 6 years, Christina Lake Cannabis's highest 3-Year average Total Assets Growth Rate was 159.90%. The lowest was -3.20%. And the median was 45.90%.

Total Assets is connected with ROA %. Christina Lake Cannabis's annualized ROA % for the quarter that ended in Nov. 2023 was -105.41%. Total Assets is also linked to Revenue through Asset Turnover. Christina Lake Cannabis's Asset Turnover for the quarter that ended in Nov. 2023 was 0.16.

Christina Lake Cannabis Total Assets Historical Data

The historical data trend for Christina Lake Cannabis'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.

Christina Lake Cannabis Total Assets Chart

Christina Lake Cannabis Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Total Assets

Get a 7-Day Free Trial

4.69

13.62

15.15

13.97

11.65

Christina Lake Cannabis Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Assets	Get a 7-Day Free Trial															13.97	12.79	12.57	13.98	11.65

Christina Lake Cannabis 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.

Christina Lake Cannabis's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (A: Nov. 2023 )	+	Total Liabilities (A: Nov. 2023 )
	=	5.444	+	6.202
	=	11.65

Christina Lake Cannabis's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	5.444	+	6.202
	=	11.65

Christina Lake Cannabis (OTCPK:CLCFF) Total Assets Explanation

Total Assets is connected with ROA %.

Christina Lake Cannabis's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	-13.504	/	( (13.975	+	11.646)	/ 2 )
	=	-13.504	/	12.8105
	=	-105.41 %

Note: The Net Income data used here is four times the quarterly (Nov. 2023) 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.

Christina Lake Cannabis's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	2.072	/	( (13.975	+	11.646)	/ 2 )
=	2.072	/	12.8105
=	0.16

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.

Christina Lake Cannabis Total Assets Related Terms

Thank you for viewing the detailed overview of Christina Lake Cannabis's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Christina Lake Cannabis (Christina Lake Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Christina Lake Cannabis Corp (OTCPK:CLCFF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CLB:Germany CLC:Canada

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.christinalakecannabis.com

Christina Lake Cannabis Corp is a licensed producer of cannabis. The company cultivates cannabis using strains specifically developed for outdoor cultivation. It is a producer of high-quality, low-cost, sun-grown cannabis flower, oil cannabinoids and hemp-based extracts and derivatives, serving domestic and international markets.