LMSBF (The Limestone Boat Co) Total Assets: $3.32 Mil (As of Dec. 2023)


What is The Limestone Boat Co Total Assets?

The Limestone Boat Co LMSBF Total Assets is $3.32 Mil as of Dec. 2023.

The Limestone Boat Co's Total Assets for the quarter that ended in Dec. 2023 was $3.32 Mil.

Total Assets is connected with ROA %. The Limestone Boat Co's annualized ROA % for the quarter that ended in Dec. 2023 was -202.00%. Total Assets is also linked to Revenue through Asset Turnover. The Limestone Boat Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

The Limestone Boat Co  (OTCPK:LMSBF) Total Assets Explanation

Total Assets is connected with ROA %.

The Limestone Boat 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 )
=-5.872/( (2.499+3.315)/ 2 )
=-5.872/2.907
=-202.00 %

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.

The Limestone Boat 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 )
=0/( (2.499+3.315)/ 2 )
=0/2.907
=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.

The Limestone Boat Co Total Assets Related Terms

The Limestone Boat Co Total Assets Historical Data

* Premium members only.

The historical data trend for The Limestone Boat 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.

The Limestone Boat Co Total Assets Chart

The Limestone Boat Co Annual Data
Trend Dec20
Total Assets
0.96

The Limestone Boat Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only 14.41 14.16 2.39 2.50 3.32

The Limestone Boat 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.

The Limestone Boat Co's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=0.171+0.785
=0.96

The Limestone Boat 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 )
=-15.471+18.787
=3.32

* 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 $3.32 Mil mean?
The Limestone Boat Co (LMSBF) has a Total Assets of $3.32 Mil as of Dec. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on The Limestone Boat Co and its competitors.
Is The Limestone Boat Co's Total Assets too high?
The Limestone Boat Co's current Total Assets is $3.32 Mil.
How does The Limestone Boat Co's Total Assets compare to USLG and MCOM?
The Limestone Boat Co's Total Assets of $3.32 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Assets depends on the Vehicles & Parts 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 The Limestone Boat Co and its competitors. The Limestone Boat Co's current Total Assets is $3.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Limestone Boat Co stock overvalued right now?
The Limestone Boat Co (LMSBF) has a current Total Assets of $3.32 Mil. The current Total Assets is $3.32 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 The Limestone Boat Co (LMSBF), the current Total Assets is $3.32 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.

The Limestone Boat Co Business Description

Address 64 Hurontario Street, Collingwood, ON, CAN, L9Y 2L6
The Limestone Boat Co Ltd is an owner and builder of Aquasport Boat, Limestone Boat, and Boca Bay boat brands. The company is backed by a large, skilled labor force and dealer partners throughout the United States and the Canadian Great Lakes Region.