Lowell Farms (Lowell Farms) Total Assets : $34.35 Mil (As of Mar. 2024)

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What is Lowell Farms Total Assets?

Lowell Farms's Total Assets for the quarter that ended in Mar. 2024 was $34.35 Mil.

During the past 12 months, Lowell Farms's average Total Assets Growth Rate was -70.90% per year. During the past 3 years, the average Total Assets Growth Rate was -19.80% per year. During the past 5 years, the average Total Assets Growth Rate was 248.90% per year. During the past 10 years, the average Total Assets Growth Rate was 88.60% per year.

During the past 13 years, Lowell Farms's highest 3-Year average Total Assets Growth Rate was 2299.30%. The lowest was -76.20%. And the median was 10.70%.

Total Assets is connected with ROA %. Lowell Farms's annualized ROA % for the quarter that ended in Mar. 2024 was -32.12%. Total Assets is also linked to Revenue through Asset Turnover. Lowell Farms's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

Lowell Farms Total Assets Historical Data

The historical data trend for Lowell Farms'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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Lowell Farms Total Assets Chart

Lowell Farms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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69.21

97.42

137.38

118.82

37.61

Lowell Farms Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															114.10	132.94	114.37	37.61	34.35

Lowell Farms 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.

Lowell Farms'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 )
	=	11.478	+	26.135
	=	37.61

Lowell Farms's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	8.615	+	25.731
	=	34.35

Lowell Farms (OTCPK:LOWLF) Total Assets Explanation

Total Assets is connected with ROA %.

Lowell Farms's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-11.556	/	( (37.613	+	34.346)	/ 2 )
	=	-11.556	/	35.9795
	=	-32.12 %

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

Lowell Farms's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	4.874	/	( (37.613	+	34.346)	/ 2 )
=	4.874	/	35.9795
=	0.14

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.

Lowell Farms Total Assets Related Terms

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Lowell Farms (Lowell Farms) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lowell Farms Inc (OTCPK:LOWLF) » Definitions » Total Assets

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LOWL:Canada

Address

19 Quail Run Circle, Suite B, Salinas, CA, USA, 93907

Website

https://www.lowellfarms.com

Lowell Farms Inc is a California-based vertically-integrated cannabis company with advanced production capabilities supporting every step of the supply chain, including cultivation, extraction, manufacturing, brand sales, marketing, and distribution. The Company's operations are comprised of a single reporting operating segment. Its Brands include Lowell Herb Co. and Lowell Smokes, House Weed, Kaizen, Moon, and Original Pot Company. The company generates revenues from sales of extracts, distillates, branded and packaged cannabis flower, prerolls, concentrates, and edible products to retail licensed dispensaries and bulk flower, biomass and concentrates to licensed manufacturers and distributors in the state of California.