Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Total Assets : $10.43 Mil (As of May. 2020)

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What is Ventura Cannabis and Wellness Total Assets?

Ventura Cannabis and Wellness's Total Assets for the quarter that ended in May. 2020 was $10.43 Mil.

Total Assets is connected with ROA %. Ventura Cannabis and Wellness's annualized ROA % for the quarter that ended in May. 2020 was -22.03%. Total Assets is also linked to Revenue through Asset Turnover. Ventura Cannabis and Wellness's Asset Turnover for the quarter that ended in May. 2020 was 0.08.

Ventura Cannabis and Wellness Total Assets Historical Data

The historical data trend for Ventura Cannabis and 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.

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Ventura Cannabis and Wellness Total Assets Chart

Ventura Cannabis and Wellness Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Nov14

Nov15

Feb17

Feb18

Feb19

Feb20

Total Assets

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34.04

19.35

19.69

15.84

12.15

Ventura Cannabis and Wellness Quarterly Data
	May15	Aug15	Nov15	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Total Assets	Get a 7-Day Free Trial															16.78	15.46	14.49	12.15	10.43

Ventura Cannabis and 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.

Ventura Cannabis and Wellness's Total Assets for the fiscal year that ended in Feb. 2020 is calculated as

Total Assets	=	Total Equity (A: Feb. 2020 )	+	Total Liabilities (A: Feb. 2020 )
	=	6.253	+	5.899
	=	12.15

Ventura Cannabis and Wellness's Total Assets for the quarter that ended in May. 2020 is calculated as

Total Assets	=	Total Equity (Q: May. 2020 )	+	Total Liabilities (Q: May. 2020 )
	=	5.58	+	4.85
	=	10.43

Ventura Cannabis and Wellness (OTCPK:CVHIF) Total Assets Explanation

Total Assets is connected with ROA %.

Ventura Cannabis and Wellness's annualized ROA % for the quarter that ended in May. 2020 is

ROA %	=	Net Income (Q: May. 2020 )	/	( (Total Assets (Q: Feb. 2020 )	+	Total Assets (Q: May. 2020 ))	/ count )
	=	-2.488	/	( (12.153	+	10.43)	/ 2 )
	=	-2.488	/	11.2915
	=	-22.03 %

Note: The Net Income data used here is four times the quarterly (May. 2020) 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.

Ventura Cannabis and Wellness's Asset Turnover for the quarter that ended in May. 2020 is

	Asset Turnover
=	Revenue (Q: May. 2020 )	/	( (Total Assets (Q: Feb. 2020 )	+	Total Assets (Q: May. 2020 ))	/ count )
=	0.905	/	( (12.153	+	10.43)	/ 2 )
=	0.905	/	11.2915
=	0.08

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.

Ventura Cannabis and Wellness Total Assets Related Terms

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Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ventura Cannabis and Wellness Corp (OTCPK:CVHIF) » Definitions » Total Assets

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Address

800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017

Website

http://www.venturacanna.com

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.