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Gaia Grow (FRA:GG00) Total Assets : €1.13 Mil (As of Sep. 2022)


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What is Gaia Grow Total Assets?

Gaia Grow's Total Assets for the quarter that ended in Sep. 2022 was €1.13 Mil.

Total Assets is connected with ROA %. Gaia Grow's annualized ROA % for the quarter that ended in Sep. 2022 was -68.86%. Total Assets is also linked to Revenue through Asset Turnover. Gaia Grow's Asset Turnover for the quarter that ended in Sep. 2022 was 0.03.


Gaia Grow Total Assets Historical Data

The historical data trend for Gaia Grow'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.

Gaia Grow Total Assets Chart

Gaia Grow Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.42 0.65 0.81 1.49

Gaia Grow Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 4.50 1.49 1.28 1.03 1.13

Gaia Grow 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.

Gaia Grow'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 )
=-0.351+1.843
=1.49

Gaia Grow's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=-0.631+1.758
=1.13

* 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.


Gaia Grow  (FRA:GG00) Total Assets Explanation

Total Assets is connected with ROA %.

Gaia Grow's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=-0.744/( (1.034+1.127)/ 2 )
=-0.744/1.0805
=-68.86 %

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

Gaia Grow's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0.037/( (1.034+1.127)/ 2 )
=0.037/1.0805
=0.03

* 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.

Gaia Grow Total Assets Related Terms

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Gaia Grow (FRA:GG00) Business Description

Traded in Other Exchanges
N/A
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN
Gaia Grow Corp is a Canada based company engaged in producing hemp. Its main business focus is farming Industrial Hemp for Medical Purposes.

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