Grand Havana (Grand Havana) Total Assets : $0.68 Mil (As of Sep. 2019)

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What is Grand Havana Total Assets?

Grand Havana's Total Assets for the quarter that ended in Sep. 2019 was $0.68 Mil.

Total Assets is connected with ROA %. Grand Havana's annualized ROA % for the quarter that ended in Sep. 2019 was 1,508.68%. Total Assets is also linked to Revenue through Asset Turnover. Grand Havana's Asset Turnover for the quarter that ended in Sep. 2019 was 0.09.

Grand Havana Total Assets Historical Data

The historical data trend for Grand Havana'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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Grand Havana Total Assets Chart

Grand Havana Annual Data

Trend

Jun12

Jun13

Jun14

Dec16

Dec17

Dec18

Total Assets

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0.02

0.04

0.13

0.27

Grand Havana Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Dec16	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Total Assets	Get a 7-Day Free Trial															-	0.27	0.36	0.82	0.68

Grand Havana 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.

Grand Havana's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets	=	Total Equity (A: Dec. 2018 )	+	Total Liabilities (A: Dec. 2018 )
	=	-14.542	+	14.808
	=	0.27

Grand Havana's Total Assets for the quarter that ended in Sep. 2019 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2019 )	+	Total Liabilities (Q: Sep. 2019 )
	=	-13.201	+	13.882
	=	0.68

Grand Havana (OTCPK:GHAV) Total Assets Explanation

Total Assets is connected with ROA %.

Grand Havana's annualized ROA % for the quarter that ended in Sep. 2019 is

ROA %	=	Net Income (Q: Sep. 2019 )	/	( (Total Assets (Q: Jun. 2019 )	+	Total Assets (Q: Sep. 2019 ))	/ count )
	=	11.3	/	( (0.818	+	0.68)	/ 2 )
	=	11.3	/	0.749
	=	1,508.68 %

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

Grand Havana's Asset Turnover for the quarter that ended in Sep. 2019 is

	Asset Turnover
=	Revenue (Q: Sep. 2019 )	/	( (Total Assets (Q: Jun. 2019 )	+	Total Assets (Q: Sep. 2019 ))	/ count )
=	0.064	/	( (0.818	+	0.68)	/ 2 )
=	0.064	/	0.749
=	0.09

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.

Grand Havana Total Assets Related Terms

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Grand Havana (Grand Havana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grand Havana Inc (OTCPK:GHAV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6355 NW 36th Street, Suite 309, Miami, FL, USA, 33166

Website

https://www.grandhavanacoffee.com

Grand Havana Inc is a retailer of tea and coffee products. The company offers products such as coffee, tea, coffee and teaware, and accessories. The Company's revenue is derived from the sale of coffee, parts, and services. It also offers a b2b solution that provides coffee product paired with high quality coffee machines, reliable delivery, and timely technical service. Coffee and teaware include fuchsia cast iron ginkgo teapot, espresso coffee machine, glass tall tea mug with infuser and lid, grand Havana tea mug with infuser and lid, Bialetti tea press, curve teapot w infuser, stump teapot with infuser, grand Havana coffee mug and grand Havana espresso cup. Accessories consist of loose leaf tea filters, Bunn coffee filters, and loose leaf tea steeping ball.

Executives

Rico Robert	director, 10 percent owner, officer: CEO	407 LINCOLN ROAD SUITE 12R MIAMI BEACH FL 33139
Steven Haas	director	407 LINCOLN ROAD SUITE 12R MIAMI BEACH FL 33139
Tanya Bredemeier	director, 10 percent owner, officer: President	407 LINCOLN ROAD SUITE 12R MIAMI BEACH FL 33139
Steve Polisar	director, 10 percent owner	407 LINCOLN ROAD SUITE 12R MIAMI BEACH FL 33139
Jorge Moreno	10 percent owner	407 LINCOLN ROAD SUITE 12R MIAMI BEACH FL 33139
Roberto Luciano	director, 10 percent owner, officer: CEO, Secretary, Treasurer, other: President, COO	121 NORTH COMMERCIAL DRIVE MOORESVILLE NC 28115
Bennie Manion	director, 10 percent owner, officer: COO	121 NORTH COMMERCIAL DRIVE MOORESVILLE NC 28115