FLONF (Flower One Holdings) Total Assets : $114.92 Mil (As of Jun. 2022)

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What is Flower One Holdings Total Assets?

Flower One Holdings's Total Assets for the quarter that ended in Jun. 2022 was $114.92 Mil.

During the past 12 months, Flower One Holdings's average Total Assets Growth Rate was -5.60% per year. During the past 3 years, the average Total Assets Growth Rate was 557.30% per year. During the past 5 years, the average Total Assets Growth Rate was 373.00% per year. During the past 10 years, the average Total Assets Growth Rate was 94.60% per year.

During the past 13 years, Flower One Holdings's highest 3-Year average Total Assets Growth Rate was 826.90%. The lowest was -30.50%. And the median was 41.50%.

Total Assets is connected with ROA %. Flower One Holdings's annualized ROA % for the quarter that ended in Jun. 2022 was -18.45%. Total Assets is also linked to Revenue through Asset Turnover. Flower One Holdings's Asset Turnover for the quarter that ended in Jun. 2022 was 0.07.

Flower One Holdings Total Assets Historical Data

The historical data trend for Flower One Holdings'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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Flower One Holdings Total Assets Chart

Flower One Holdings Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Dec19

Dec20

Dec21

Total Assets

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0.34

0.43

221.34

130.20

117.81

Flower One Holdings Quarterly Data
	Jul17	Oct17	Jan18	Apr18	Jul18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Total Assets	Get a 7-Day Free Trial															125.65	122.61	117.81	117.83	114.92

Flower One Holdings 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.

Flower One Holdings's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	0.857	+	116.956
	=	117.81

Flower One Holdings's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2022 )	+	Total Liabilities (Q: Jun. 2022 )
	=	-13.884	+	128.801
	=	114.92

Flower One Holdings (OTCPK:FLONF) Total Assets Explanation

Total Assets is connected with ROA %.

Flower One Holdings's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %	=	Net Income (Q: Jun. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
	=	-21.476	/	( (117.828	+	114.917)	/ 2 )
	=	-21.476	/	116.3725
	=	-18.45 %

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

Flower One Holdings's Asset Turnover for the quarter that ended in Jun. 2022 is

	Asset Turnover
=	Revenue (Q: Jun. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
=	7.898	/	( (117.828	+	114.917)	/ 2 )
=	7.898	/	116.3725
=	0.07

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.

Flower One Holdings Total Assets Related Terms

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Flower One Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Flower One Holdings Inc (OTCPK:FLONF) » Definitions » Total Assets

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Address

1055 West Hastings Street, Suite 1700, The Guinness Tower, Vancouver, BC, CAN, V6E 2E9

Website

https://www.flowerone.com

Flower One Holdings Inc through its wholly?owned subsidiaries, is a cannabis cultivator and producer and is licensed for medical and recreational cannabis cultivation and production in the State of Nevada. Its properties will be used for cannabis cultivation as well as the processing, production, and high-volume packaging of dry flower, cannabis oils, concentrates, and infused products. It produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for the top-performing brands in cannabis.