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TILT Holdings (NEOE:TILT) Total Assets : C$260.3 Mil (As of Jun. 2024)


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What is TILT Holdings Total Assets?

TILT Holdings's Total Assets for the quarter that ended in Jun. 2024 was C$260.3 Mil.

During the past 12 months, TILT Holdings's average Total Assets Growth Rate was -23.80% per year. During the past 3 years, the average Total Assets Growth Rate was -17.10% per year. During the past 5 years, the average Total Assets Growth Rate was 3.40% per year.

During the past 13 years, TILT Holdings's highest 3-Year average Total Assets Growth Rate was 6359.00%. The lowest was -60.70%. And the median was -17.50%.

Total Assets is connected with ROA %. TILT Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -68.65%. Total Assets is also linked to Revenue through Asset Turnover. TILT Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.13.


TILT Holdings Total Assets Historical Data

The historical data trend for TILT 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.

* Premium members only.

TILT Holdings Total Assets Chart

TILT Holdings Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 718.90 550.28 488.13 399.37 310.16

TILT Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 343.07 339.94 310.16 313.80 260.29

TILT 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.

TILT Holdings'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 )
=83.706+226.455
=310.2

TILT Holdings's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=23.185+237.103
=260.3

* 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.


TILT Holdings  (NEOE:TILT) Total Assets Explanation

Total Assets is connected with ROA %.

TILT Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=-197.06/( (313.801+260.288)/ 2 )
=-197.06/287.0445
=-68.65 %

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

TILT Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=36.429/( (313.801+260.288)/ 2 )
=36.429/287.0445
=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.

TILT Holdings Total Assets Related Terms

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TILT Holdings Business Description

Traded in Other Exchanges
Address
2801 E Camelback Road, Suite 180, Phoenix, AZ, USA, 85016
TILT Holdings Inc helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production. The majority of the revenue is generated from the Accessories segment which is engaged in the manufacturing and distribution of electronic, non-nicotine (i.e., cannabis) devices and systems. The company's geographical segments include the United States and Canada, of which the majority of the revenue is generated from the United States.
Executives
Brad Hoch Senior Officer