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Alliance Growers (FRA:1LA) Total Assets : €2.30 Mil (As of May. 2019)


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What is Alliance Growers Total Assets?

Alliance Growers's Total Assets for the quarter that ended in May. 2019 was €2.30 Mil.

Total Assets is connected with ROA %. Alliance Growers's annualized ROA % for the quarter that ended in May. 2019 was -27.88%. Total Assets is also linked to Revenue through Asset Turnover. Alliance Growers's Asset Turnover for the quarter that ended in May. 2019 was 0.00.


Alliance Growers Total Assets Historical Data

The historical data trend for Alliance Growers'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.

Alliance Growers Total Assets Chart

Alliance Growers Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Total Assets
0.21 0.07 0.13 0.33 1.94

Alliance Growers Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.05 1.94 2.36 2.46 2.30

Alliance Growers 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.

Alliance Growers's Total Assets for the fiscal year that ended in Aug. 2018 is calculated as

Total Assets=Total Equity (A: Aug. 2018 )+Total Liabilities (A: Aug. 2018 )
=1.693+0.252
=1.95

Alliance Growers's Total Assets for the quarter that ended in May. 2019 is calculated as

Total Assets=Total Equity (Q: May. 2019 )+Total Liabilities (Q: May. 2019 )
=2.028+0.274
=2.30

* 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.


Alliance Growers  (FRA:1LA) Total Assets Explanation

Total Assets is connected with ROA %.

Alliance Growers's annualized ROA % for the quarter that ended in May. 2019 is

ROA %=Net Income (Q: May. 2019 )/( (Total Assets (Q: Feb. 2019 )+Total Assets (Q: May. 2019 ))/ count )
=-0.664/( (2.461+2.302)/ 2 )
=-0.664/2.3815
=-27.88 %

Note: The Net Income data used here is four times the quarterly (May. 2019) 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.

Alliance Growers's Asset Turnover for the quarter that ended in May. 2019 is

Asset Turnover
=Revenue (Q: May. 2019 )/( (Total Assets (Q: Feb. 2019 )+Total Assets (Q: May. 2019 ))/ count )
=0/( (2.461+2.302)/ 2 )
=0/2.3815
=0.00

* 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.

Alliance Growers Total Assets Related Terms

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Alliance Growers (FRA:1LA) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Alliance Growers Corp is a Canada based diversified cannabis company. It principally operates through the four key divisions namely, Cannabis Botany Centre, Strategic Access to Cannabis for Medical Purposes Regulations Investments, Cannabidiol Oil Supply and Distribution, and Research and Development. The company is primarily focused on the development of Cannabis Botany Centres in Canada.

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