Medical Cannabis Payment Solutions (Medical Cannabis Payment Solutions) Total Assets : $0.00 Mil (As of . 20)

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What is Medical Cannabis Payment Solutions Total Assets?

Medical Cannabis Payment Solutions's Total Assets for the quarter that ended in . 20 was $0.00 Mil.

Total Assets is connected with ROA %. Medical Cannabis Payment Solutions's annualized ROA % for the quarter that ended in . 20 was %. Total Assets is also linked to Revenue through Asset Turnover. Medical Cannabis Payment Solutions's Asset Turnover for the quarter that ended in . 20 was .

Medical Cannabis Payment Solutions Total Assets Historical Data

The historical data trend for Medical Cannabis Payment Solutions'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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Medical Cannabis Payment Solutions Total Assets Chart

Medical Cannabis Payment Solutions Annual Data

Trend

Total Assets

Medical Cannabis Payment Solutions Quarterly Data

Total Assets

Medical Cannabis Payment Solutions 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.

Medical Cannabis Payment Solutions's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets	=	Total Equity (A: . 20 )	+	Total Liabilities (A: . 20 )
	=	N/A	+	N/A
	=	N/A

Medical Cannabis Payment Solutions's Total Assets for the quarter that ended in . 20 is calculated as

Total Assets	=	Total Equity (Q: . 20 )	+	Total Liabilities (Q: . 20 )
	=	N/A	+	N/A
	=	N/A

Medical Cannabis Payment Solutions (OTCPK:REFG) Total Assets Explanation

Total Assets is connected with ROA %.

Medical Cannabis Payment Solutions's annualized ROA % for the quarter that ended in . 20 is

ROA %	=	Net Income (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
	=		/	( (	+	)	/ )
	=		/
	=	%

Note: The Net Income data used here is four times the quarterly (. 20) 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.

Medical Cannabis Payment Solutions's Asset Turnover for the quarter that ended in . 20 is

	Asset Turnover
=	Revenue (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

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.

Medical Cannabis Payment Solutions Total Assets Related Terms

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Medical Cannabis Payment Solutions (Medical Cannabis Payment Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medical Cannabis Payment Solutions Inc (OTCPK:REFG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

5940 S. Rainbow Blvd., Las Vegas, NV, USA, 89118

Website

https://www.paywithgo.com

Medical Cannabis Payment Solutions Inc is a United States-based company. Along with its subsidiaries, the firm is engaged in the development of ancillary services for the medical marijuana industry. The company offers a software product named Go that is a proprietary merchant processing system designed to serve the monetary demands of the state-legalized cannabis market and offers electronic payment, eCommerce features, solves cash handling issues and gives immediate access to funds.