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Eden Empire (Eden Empire) Total Assets : $4.62 Mil (As of Apr. 2022)


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What is Eden Empire Total Assets?

Eden Empire's Total Assets for the quarter that ended in Apr. 2022 was $4.62 Mil.

Total Assets is connected with ROA %. Eden Empire's annualized ROA % for the quarter that ended in Apr. 2022 was -59.91%. Total Assets is also linked to Revenue through Asset Turnover. Eden Empire's Asset Turnover for the quarter that ended in Apr. 2022 was 0.01.


Eden Empire Total Assets Historical Data

The historical data trend for Eden Empire'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.

Eden Empire Total Assets Chart

Eden Empire Annual Data
Trend Jul19 Jul20 Jul21
Total Assets
4.46 3.53 3.53

Eden Empire Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.43 3.53 3.15 4.78 4.62

Eden Empire 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.

Eden Empire's Total Assets for the fiscal year that ended in Jul. 2021 is calculated as

Total Assets=Total Equity (A: Jul. 2021 )+Total Liabilities (A: Jul. 2021 )
=0.248+3.278
=3.53

Eden Empire's Total Assets for the quarter that ended in Apr. 2022 is calculated as

Total Assets=Total Equity (Q: Apr. 2022 )+Total Liabilities (Q: Apr. 2022 )
=-1.012+5.63
=4.62

* 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.


Eden Empire  (OTCPK:EDNEF) Total Assets Explanation

Total Assets is connected with ROA %.

Eden Empire's annualized ROA % for the quarter that ended in Apr. 2022 is

ROA %=Net Income (Q: Apr. 2022 )/( (Total Assets (Q: Jan. 2022 )+Total Assets (Q: Apr. 2022 ))/ count )
=-2.816/( (4.783+4.618)/ 2 )
=-2.816/4.7005
=-59.91 %

Note: The Net Income data used here is four times the quarterly (Apr. 2022) 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.

Eden Empire's Asset Turnover for the quarter that ended in Apr. 2022 is

Asset Turnover
=Revenue (Q: Apr. 2022 )/( (Total Assets (Q: Jan. 2022 )+Total Assets (Q: Apr. 2022 ))/ count )
=0.051/( (4.783+4.618)/ 2 )
=0.051/4.7005
=0.01

* 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.

Eden Empire Total Assets Related Terms

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Eden Empire (Eden Empire) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.

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