TPCO Holding (TPCO Holding) Total Assets : $258.80 Mil (As of Mar. 2023)

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What is TPCO Holding Total Assets?

TPCO Holding's Total Assets for the quarter that ended in Mar. 2023 was $258.80 Mil.

During the past 12 months, TPCO Holding's average Total Assets Growth Rate was -51.90% per year. During the past 3 years, the average Total Assets Growth Rate was -30.40% per year.

During the past 4 years, TPCO Holding's highest 3-Year average Total Assets Growth Rate was -30.40%. The lowest was -30.40%. And the median was -30.40%.

Total Assets is connected with ROA %. TPCO Holding's annualized ROA % for the quarter that ended in Mar. 2023 was -24.49%. Total Assets is also linked to Revenue through Asset Turnover. TPCO Holding's Asset Turnover for the quarter that ended in Mar. 2023 was 0.07.

TPCO Holding Total Assets Historical Data

The historical data trend for TPCO Holding'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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TPCO Holding Total Assets Chart

TPCO Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Assets

581.01

607.68

571.46

280.52

TPCO Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Total Assets	Get a 7-Day Free Trial									533.99	492.30	322.60	280.52	258.80

TPCO Holding 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.

TPCO Holding's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	161.038	+	119.48
	=	280.52

TPCO Holding's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	146.176	+	112.628
	=	258.80

TPCO Holding (OTCPK:GRMWF) Total Assets Explanation

Total Assets is connected with ROA %.

TPCO Holding's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	-66.04	/	( (280.518	+	258.804)	/ 2 )
	=	-66.04	/	269.661
	=	-24.49 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) 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.

TPCO Holding's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	18.054	/	( (280.518	+	258.804)	/ 2 )
=	18.054	/	269.661
=	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.

TPCO Holding Total Assets Related Terms

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TPCO Holding (TPCO Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TPCO Holding Corp (OTCPK:GRMWF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1550 Leigh Avenue, San Jose, CA, USA, 95125

Website

https://www.theparent.co

TPCO Holding Corp is a consumer-focused cannabis company based in the United States focused on the recreational and wellness markets. Its operational footprint spans cultivation, extraction, manufacturing, distribution, brands, retail and delivery. The company's sales channels include Direct Consumer and Wholesale, of which key revenue is derived from the Wholesale channel which includes the company selling first-party and selected third-party products into 450 dispensaries across California. Additional wholesale revenue comes from sales of sourced bulk flowers and oil produced in-house. It has one segment engaged in the cultivation, manufacturing, distribution and sale of cannabis within the State of California.