GSRX (GSRX Industries) Total Assets: $5.59 Mil (As of Sep. 2020)

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What is GSRX Industries Total Assets?

GSRX Industries GSRX Total Assets is $5.59 Mil as of Sep. 2020.

GSRX Industries's Total Assets for the quarter that ended in Sep. 2020 was $5.59 Mil.

Total Assets is connected with ROA %. GSRX Industries's annualized ROA % for the quarter that ended in Sep. 2020 was -140.15%. Total Assets is also linked to Revenue through Asset Turnover. GSRX Industries's Asset Turnover for the quarter that ended in Sep. 2020 was 0.43.

GSRX Industries  (OTCPK:GSRX) Total Assets Explanation

Total Assets is connected with ROA %.

GSRX Industries's annualized ROA % for the quarter that ended in Sep. 2020 is

ROA %=Net Income (Q: Sep. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=-8.956/( (7.196+5.585)/ 2 )
=-8.956/6.3905
=-140.15 %

Note: The Net Income data used here is four times the quarterly (Sep. 2020) 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.

GSRX Industries's Asset Turnover for the quarter that ended in Sep. 2020 is

Asset Turnover
=Revenue (Q: Sep. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=2.746/( (7.196+5.585)/ 2 )
=2.746/6.3905
=0.43

* 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.

GSRX Industries Total Assets Related Terms

GSRX Industries Total Assets Historical Data

* Premium members only.

The historical data trend for GSRX Industries'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.

GSRX Industries Total Assets Chart

GSRX Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 7.53 8.60 8.05

GSRX Industries Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 15.10 8.05 8.08 7.20 5.59

GSRX Industries 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.

GSRX Industries's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=4.461+3.585
=8.05

GSRX Industries's Total Assets for the quarter that ended in Sep. 2020 is calculated as

Total Assets=Total Equity (Q: Sep. 2020 )+Total Liabilities (Q: Sep. 2020 )
=2.582+3.003
=5.59

* 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 $5.59 Mil mean?
GSRX Industries (GSRX) has a Total Assets of $5.59 Mil as of Sep. 2020. The total amount of assets as recorded on a company's balance sheet. View historical data on GSRX Industries and its competitors.
Is GSRX Industries' Total Assets too high?
GSRX Industries' current Total Assets is $5.59 Mil.
How does GSRX Industries' Total Assets compare to GENH and PHBI?
GSRX Industries' Total Assets of $5.59 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Assets depends on the Drug Manufacturers 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 GSRX Industries and its competitors. GSRX Industries's current Total Assets is $5.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSRX Industries stock overvalued right now?
GSRX Industries (GSRX) has a current Total Assets of $5.59 Mil. The current Total Assets is $5.59 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 GSRX Industries (GSRX), the current Total Assets is $5.59 Mil as of Sep. 2020. 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.

GSRX Industries Business Description

Address 5477 Nittany Valley Drive, Mill Hall, PA, USA, 17751
GSRX Industries Inc is in the business of operating retail cannabis dispensaries and is in the process of expanding its business to develop and operate Virtual Delivery Only Restaurant concepts.