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Orchid Ventures (Orchid Ventures) Total Assets : $1.11 Mil (As of Mar. 2022)


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What is Orchid Ventures Total Assets?

Orchid Ventures's Total Assets for the quarter that ended in Mar. 2022 was $1.11 Mil.

Total Assets is connected with ROA %. Orchid Ventures's annualized ROA % for the quarter that ended in Mar. 2022 was -132.18%. Total Assets is also linked to Revenue through Asset Turnover. Orchid Ventures's Asset Turnover for the quarter that ended in Mar. 2022 was 0.14.


Orchid Ventures Total Assets Historical Data

The historical data trend for Orchid Ventures'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.

Orchid Ventures Total Assets Chart

Orchid Ventures Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 May19 Jun21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.01 0.14 4.37 2.18

Orchid Ventures Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 May19 Aug19 Nov19 Feb20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.23 2.18 1.64 1.20 1.11

Orchid Ventures 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.

Orchid Ventures's Total Assets for the fiscal year that ended in Jun. 2021 is calculated as

Total Assets=Total Equity (A: Jun. 2021 )+Total Liabilities (A: Jun. 2021 )
=-1.542+3.724
=2.18

Orchid Ventures's Total Assets for the quarter that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (Q: Mar. 2022 )+Total Liabilities (Q: Mar. 2022 )
=-2.554+3.667
=1.11

* 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.


Orchid Ventures  (OTCPK:ORVRF) Total Assets Explanation

Total Assets is connected with ROA %.

Orchid Ventures's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %=Net Income (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=-1.528/( (1.199+1.113)/ 2 )
=-1.528/1.156
=-132.18 %

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

Orchid Ventures's Asset Turnover for the quarter that ended in Mar. 2022 is

Asset Turnover
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=0.163/( (1.199+1.113)/ 2 )
=0.163/1.156
=0.14

* 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.

Orchid Ventures Total Assets Related Terms

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Orchid Ventures (Orchid Ventures) Business Description

Traded in Other Exchanges
N/A
Address
27762 Antonio Parkway Ste L-1-631, Ladera Ranch, CA, USA, 92694
Orchid Ventures Inc is engaged in product development, branding, manufacturing, and distribution of vape products containing cannabis. It is a cannabis brand with THC and CBD product lines. Some of its vape products include Orchid Gold, Orchid Classics, Orchid Vibes, Orchid Roots and The Beast Orchid's Battery. It operates in a single geographical segment, which is North America.