GRNL (Greenlite Ventures) Total Assets: $0.06 Mil (As of Dec. 2012)

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What is Greenlite Ventures Total Assets?

Greenlite Ventures GRNL Total Assets is $0.06 Mil as of Dec. 2012.

Greenlite Ventures's Total Assets for the quarter that ended in Dec. 2012 was $0.06 Mil.

Total Assets is connected with ROA %. Greenlite Ventures's annualized ROA % for the quarter that ended in Dec. 2012 was -134.74%. Total Assets is also linked to Revenue through Asset Turnover. Greenlite Ventures's Asset Turnover for the quarter that ended in Dec. 2012 was 0.00.

Greenlite Ventures  (OTCPK:GRNL) Total Assets Explanation

Total Assets is connected with ROA %.

Greenlite Ventures's annualized ROA % for the quarter that ended in Dec. 2012 is

ROA %=Net Income (Q: Dec. 2012 )/( (Total Assets (Q: Sep. 2012 )+Total Assets (Q: Dec. 2012 ))/ count )
=-0.064/( (0.039+0.056)/ 2 )
=-0.064/0.0475
=-134.74 %

Note: The Net Income data used here is four times the quarterly (Dec. 2012) 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.

Greenlite Ventures's Asset Turnover for the quarter that ended in Dec. 2012 is

Asset Turnover
=Revenue (Q: Dec. 2012 )/( (Total Assets (Q: Sep. 2012 )+Total Assets (Q: Dec. 2012 ))/ count )
=0/( (0.039+0.056)/ 2 )
=0/0.0475
=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.

Greenlite Ventures Total Assets Related Terms

Greenlite Ventures Total Assets Historical Data

* Premium members only.

The historical data trend for Greenlite Ventures'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.

Greenlite Ventures Total Assets Chart

Greenlite Ventures Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 0.01 0.06 0.17

Greenlite Ventures Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.05 0.17 0.05 0.04 0.06

Greenlite Ventures 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.

Greenlite Ventures's Total Assets for the fiscal year that ended in Mar. 2012 is calculated as

Total Assets=Total Equity (A: Mar. 2012 )+Total Liabilities (A: Mar. 2012 )
=0.001+0.164
=0.17

Greenlite Ventures's Total Assets for the quarter that ended in Dec. 2012 is calculated as

Total Assets=Total Equity (Q: Dec. 2012 )+Total Liabilities (Q: Dec. 2012 )
=-0.225+0.281
=0.06

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.06 Mil mean?
Greenlite Ventures (GRNL) has a Total Assets of $0.06 Mil as of Dec. 2012. The total amount of assets as recorded on a company's balance sheet. View historical data on Greenlite Ventures and its competitors.
Is Greenlite Ventures' Total Assets too high?
Greenlite Ventures' current Total Assets is $0.06 Mil.
How does Greenlite Ventures' Total Assets compare to OCLN and HDII?
Greenlite Ventures' Total Assets of $0.06 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Manufacturing - Apparel & Accessories company?
A good Total Assets depends on the Manufacturing - Apparel & Accessories industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Greenlite Ventures and its competitors. Greenlite Ventures's current Total Assets is $0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlite Ventures stock overvalued right now?
Greenlite Ventures (GRNL) has a current Total Assets of $0.06 Mil. The current Total Assets is $0.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Greenlite Ventures (GRNL), the current Total Assets is $0.06 Mil as of Dec. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Greenlite Ventures Business Description

Address 1407 Foothill boulevard, Suite 305, La Verne, CA, USA, 91750
Greenlite Ventures Inc acquired Artinian LLC which owns Game Time Watches and Game Time Band, a manufacturer and designer of sports licensed watches and watch bands. The Company is conducting active operations as per the Assets Purchase Agreement in both Tarrytown, NY and Boca Raton, Florida. The company earns revenue from the sale of watches, the sale of watch bands, and licensing fees. The Company launched its podcast operations with the airing of DeForrest's Morning Briefing show alongside focusing on developing transformative software and crypto solutions for the gaming and crypto industries.