SHRG (Sharing Services Global) Total Assets: $6.26 Mil (As of Sep. 2024)


SHRG Sharing Services Global Corp SHRG
12 GF Score
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What is Sharing Services Global Total Assets?

Sharing Services Global SHRG 12 Total Assets is $6.26 Mil as of Sep. 2024. GuruFocus rates SHRG with a GF Score™ of 12/100.

Sharing Services Global's Total Assets for the quarter that ended in Sep. 2024 was $6.26 Mil.

Total Assets is connected with ROA %. Sharing Services Global's annualized ROA % for the quarter that ended in Sep. 2024 was -29.86%. Total Assets is also linked to Revenue through Asset Turnover. Sharing Services Global's Asset Turnover for the quarter that ended in Sep. 2024 was 0.33.

Sharing Services Global  (OTCPK:SHRG) Total Assets Explanation

Total Assets is connected with ROA %.

Sharing Services Global'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 )
=-1.864/( (6.227+6.257)/ 2 )
=-1.864/6.242
=-29.86 %

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.

Sharing Services Global'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 )
=2.085/( (6.227+6.257)/ 2 )
=2.085/6.242
=0.33

* 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.

Sharing Services Global Total Assets Related Terms

Sharing Services Global Total Assets Historical Data

* Premium members only.

The historical data trend for Sharing Services Global'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.

Sharing Services Global Total Assets Chart

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.58 23.24 43.17 17.08 6.64

Sharing Services Global Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.51 7.82 6.64 6.23 6.26
SHRG
12GF Score
Sharing Services Global Corp SHRG
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharing Services Global 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.

Sharing Services Global's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=-2.772+9.407
=6.64

Sharing Services Global'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 )
=-4.214+10.471
=6.26

* 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 $6.26 Mil mean?
Sharing Services Global (SHRG) has a Total Assets of $6.26 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Sharing Services Global and its competitors.
Is Sharing Services Global's Total Assets too high?
Sharing Services Global's current Total Assets is $6.26 Mil. Overall, Sharing Services Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sharing Services Global's Total Assets compare to AVRW and JBS?
Sharing Services Global's Total Assets of $6.26 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Assets depends on the Consumer Packaged Goods 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 Sharing Services Global and its competitors. Sharing Services Global's current Total Assets is $6.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharing Services Global stock overvalued right now?
Sharing Services Global (SHRG) has a current Total Assets of $6.26 Mil. The current Total Assets is $6.26 Mil. Sharing Services Global's overall GF Score™ is 12/100. 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 Sharing Services Global (SHRG), the current Total Assets is $6.26 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.

Sharing Services Global Business Description

Address 5200 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024
Sharing Services Global Corp is a diversified holding company specializing in the direct selling industry. The company owns, operates, or controls an interest in various companies that sell products and services to the consumer directly through independent representatives ranging from health and wellness, energy, technology, insurance services, training, media, and travel benefits. Its operating segment includes Sale of health and wellness products and the sale of member-based travel services through an independent sales force. The company derives the maximum revenue from the Health and wellness products segment. Geographically, it generates a majority of its revenue from the United States.
12GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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