KIARF (Kiaro Holdings) Total Assets: $9.64 Mil (As of Oct. 2022)


What is Kiaro Holdings Total Assets?

Kiaro Holdings KIARF Total Assets is $9.64 Mil as of Oct. 2022.

Kiaro Holdings's Total Assets for the quarter that ended in Oct. 2022 was $9.64 Mil.

Total Assets is connected with ROA %. Kiaro Holdings's annualized ROA % for the quarter that ended in Oct. 2022 was -154.88%. Total Assets is also linked to Revenue through Asset Turnover. Kiaro Holdings's Asset Turnover for the quarter that ended in Oct. 2022 was 0.34.

Kiaro Holdings  (OTCPK:KIARF) Total Assets Explanation

Total Assets is connected with ROA %.

Kiaro Holdings's annualized ROA % for the quarter that ended in Oct. 2022 is

ROA %=Net Income (Q: Oct. 2022 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Oct. 2022 ))/ count )
=-18.864/( (14.725+9.635)/ 2 )
=-18.864/12.18
=-154.88 %

Note: The Net Income data used here is four times the quarterly (Oct. 2022) 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.

Kiaro Holdings's Asset Turnover for the quarter that ended in Oct. 2022 is

Asset Turnover
=Revenue (Q: Oct. 2022 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Oct. 2022 ))/ count )
=4.196/( (14.725+9.635)/ 2 )
=4.196/12.18
=0.34

* 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.

Kiaro Holdings Total Assets Related Terms

Kiaro Holdings Total Assets Historical Data

* Premium members only.

The historical data trend for Kiaro Holdings'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.

Kiaro Holdings Total Assets Chart

Kiaro Holdings Annual Data
Trend Jan21 Jan22
Total Assets
7.60 16.40

Kiaro Holdings Quarterly Data
Jul19 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.33 16.40 15.77 14.73 9.64

Kiaro Holdings 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.

Kiaro Holdings's Total Assets for the fiscal year that ended in Jan. 2022 is calculated as

Total Assets=Total Equity (A: Jan. 2022 )+Total Liabilities (A: Jan. 2022 )
=6.087+10.308
=16.40

Kiaro Holdings's Total Assets for the quarter that ended in Oct. 2022 is calculated as

Total Assets=Total Equity (Q: Oct. 2022 )+Total Liabilities (Q: Oct. 2022 )
=-1.167+10.801
=9.63

* 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 $9.64 Mil mean?
Kiaro Holdings (KIARF) has a Total Assets of $9.64 Mil as of Oct. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Kiaro Holdings and its competitors.
Is Kiaro Holdings' Total Assets too high?
Kiaro Holdings' current Total Assets is $9.64 Mil.
How does Kiaro Holdings' Total Assets compare to WBA?
Kiaro Holdings' Total Assets of $9.64 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Total Assets depends on the Healthcare Providers & Services 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 Kiaro Holdings and its competitors. Kiaro Holdings's current Total Assets is $9.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiaro Holdings stock overvalued right now?
Kiaro Holdings (KIARF) has a current Total Assets of $9.64 Mil. The current Total Assets is $9.64 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 Kiaro Holdings (KIARF), the current Total Assets is $9.64 Mil as of Oct. 2022. 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.

Kiaro Holdings Business Description

Address 300 - 110 E Cordova Street, Vancouver, BC, CAN, V6A 1K9
Kiaro Holdings Corp is engaged in the cannabis business. The company's operating segments are wholesale cannabis business and retail cannabis stores. It generates a majority of its revenue from the retail cannabis business segment.