GWAYF (Greenway Greenhouse Cannabis) Total Assets : $22.19 Mil (As of Dec. 2024)

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What is Greenway Greenhouse Cannabis Total Assets?

Greenway Greenhouse Cannabis's Total Assets for the quarter that ended in Dec. 2024 was $22.19 Mil.

During the past 12 months, Greenway Greenhouse Cannabis's average Total Assets Growth Rate was -9.20% per year. During the past 3 years, the average Total Assets Growth Rate was 13.40% per year.

During the past 4 years, Greenway Greenhouse Cannabis's highest 3-Year average Total Assets Growth Rate was 13.40%. The lowest was 13.40%. And the median was 13.40%.

Total Assets is connected with ROA %. Greenway Greenhouse Cannabis's annualized ROA % for the quarter that ended in Dec. 2024 was -8.27%. Total Assets is also linked to Revenue through Asset Turnover. Greenway Greenhouse Cannabis's Asset Turnover for the quarter that ended in Dec. 2024 was 0.05.

Greenway Greenhouse Cannabis Total Assets Historical Data

The historical data trend for Greenway Greenhouse Cannabis'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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Greenway Greenhouse Cannabis Total Assets Chart

Greenway Greenhouse Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Assets

19.98

28.15

25.80

24.45

Greenway Greenhouse Cannabis Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial													25.93	24.45	23.86	23.66	22.19

Greenway Greenhouse Cannabis 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.

Greenway Greenhouse Cannabis's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	8.802	+	15.643
	=	24.45

Greenway Greenhouse Cannabis's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	6.851	+	15.342
	=	22.19

Greenway Greenhouse Cannabis (OTCPK:GWAYF) Total Assets Explanation

Total Assets is connected with ROA %.

Greenway Greenhouse Cannabis's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-1.896	/	( (23.658	+	22.193)	/ 2 )
	=	-1.896	/	22.9255
	=	-8.27 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) 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.

Greenway Greenhouse Cannabis's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	1.177	/	( (23.658	+	22.193)	/ 2 )
=	1.177	/	22.9255
=	0.05

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.

Greenway Greenhouse Cannabis Total Assets Related Terms

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Greenway Greenhouse Cannabis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Greenway Greenhouse Cannabis Corp (OTCPK:GWAYF) » Definitions » Total Assets

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Traded in Other Exchanges

GWAY:Canada

Address

1478 Seacliff Drive, Kingsville, ON, CAN, N9Y 2M2

Website

https://www.greenway.ca

Greenway Greenhouse Cannabis Corp is licensed to cultivate, process and sell to ensures harvests always consist of the highest quality cannabis strains with resinous flowers, trichomes, and rich cannabinoid profiles. The Company's nursery facility is located in Kingsville, Ontario, and its flowering and processing facility is located in Leamington, Ontario. The business model is to supply bulk packaged, high quality cannabis to the Canadian, cannabis industry at prices that ultimately provide a value proposition to the consumers. Greenway has three divisions with various locations; Greenway Nursery, Greenway Cultivation and future plans for Greenway Farmgate Retail Store.