MVRK (Maverick Lifestyle) Total Assets: $8.39 Mil (As of Sep. 2024)


What is Maverick Lifestyle Total Assets?

Maverick Lifestyle MVRK Total Assets is $8.39 Mil as of Sep. 2024.

Maverick Lifestyle's Total Assets for the quarter that ended in Sep. 2024 was $8.39 Mil.

Total Assets is connected with ROA %. Maverick Lifestyle's annualized ROA % for the quarter that ended in Sep. 2024 was -16.35%. Total Assets is also linked to Revenue through Asset Turnover. Maverick Lifestyle's Asset Turnover for the quarter that ended in Sep. 2024 was 0.10.

Maverick Lifestyle  (NAS:MVRK) Total Assets Explanation

Total Assets is connected with ROA %.

Maverick Lifestyle's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-1.384/( (8.544+8.39)/ 2 )
=-1.384/8.467
=-16.35 %

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

Maverick Lifestyle's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.844/( (8.544+8.39)/ 2 )
=0.844/8.467
=0.10

* 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.

Maverick Lifestyle Total Assets Related Terms

Maverick Lifestyle Total Assets Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Total Assets Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
12.23 11.43 8.85 8.53

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 8.33 8.16 8.53 8.54 8.39

Maverick Lifestyle 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.

Maverick Lifestyle'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 )
=-3.257+11.782
=8.53

Maverick Lifestyle's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-3.152+11.542
=8.39

* 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 $8.39 Mil mean?
Maverick Lifestyle (MVRK) has a Total Assets of $8.39 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Total Assets too high?
Maverick Lifestyle's current Total Assets is $8.39 Mil.
How does Maverick Lifestyle's Total Assets compare to ?
Maverick Lifestyle's Total Assets of $8.39 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 Maverick Lifestyle and its competitors. Maverick Lifestyle's current Total Assets is $8.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Total Assets of $8.39 Mil. The current Total Assets is $8.39 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 Maverick Lifestyle (MVRK), the current Total Assets is $8.39 Mil as of Sep. 2024. 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.