HPCO (Hempacco Co) Total Assets: $18.04 Mil (As of Dec. 2023)

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What is Hempacco Co Total Assets?

Hempacco Co HPCO Total Assets is $18.04 Mil as of Dec. 2023.

Hempacco Co's Total Assets for the quarter that ended in Dec. 2023 was $18.04 Mil.

Total Assets is connected with ROA %. Hempacco Co's annualized ROA % for the quarter that ended in Dec. 2023 was -171.13%. Total Assets is also linked to Revenue through Asset Turnover. Hempacco Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Hempacco Co  (OTCPK:HPCO) Total Assets Explanation

Total Assets is connected with ROA %.

Hempacco Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-27.792/( (14.438+18.043)/ 2 )
=-27.792/16.2405
=-171.13 %

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

Hempacco Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2.041/( (14.438+18.043)/ 2 )
=2.041/16.2405
=0.13

* 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.

Hempacco Co Total Assets Related Terms

Hempacco Co Total Assets Historical Data

* Premium members only.

The historical data trend for Hempacco Co'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.

Hempacco Co Total Assets Chart

Hempacco Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
5.66 7.57 9.48 18.04

Hempacco Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.48 13.84 12.60 14.44 18.04

Hempacco Co 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.

Hempacco Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-0.779+18.822
=18.04

Hempacco Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=-0.779+18.822
=18.04

* 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 $18.04 Mil mean?
Hempacco Co (HPCO) has a Total Assets of $18.04 Mil as of Dec. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Hempacco Co and its competitors.
Is Hempacco Co's Total Assets too high?
Hempacco Co's current Total Assets is $18.04 Mil.
How does Hempacco Co's Total Assets compare to PM and MO?
Hempacco Co's Total Assets of $18.04 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Total Assets depends on the Tobacco Products 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 Hempacco Co and its competitors. Hempacco Co's current Total Assets is $18.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hempacco Co stock overvalued right now?
Hempacco Co (HPCO) has a current Total Assets of $18.04 Mil. The current Total Assets is $18.04 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 Hempacco Co (HPCO), the current Total Assets is $18.04 Mil as of Dec. 2023. 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.

Hempacco Co Business Description

Address 9925 Airway Road, San Diego, CA, USA, 92154
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.