SNNC (Sibannac) Total Assets: $0.26 Mil (As of Feb. 2017)


What is Sibannac Total Assets?

Sibannac SNNC -29.41% Total Assets is $0.26 Mil as of Feb. 2017.

Sibannac's Total Assets for the quarter that ended in Feb. 2017 was $0.26 Mil.

Total Assets is connected with ROA %. Sibannac's annualized ROA % for the quarter that ended in Feb. 2017 was -29.01%. Total Assets is also linked to Revenue through Asset Turnover. Sibannac's Asset Turnover for the quarter that ended in Feb. 2017 was 0.00.

Sibannac  (OTCPK:SNNC) Total Assets Explanation

Total Assets is connected with ROA %.

Sibannac's annualized ROA % for the quarter that ended in Feb. 2017 is

ROA %=Net Income (Q: Feb. 2017 )/( (Total Assets (Q: Nov. 2016 )+Total Assets (Q: Feb. 2017 ))/ count )
=-0.076/( (0.262+0.262)/ 2 )
=-0.076/0.262
=-29.01 %

Note: The Net Income data used here is four times the quarterly (Feb. 2017) 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.

Sibannac's Asset Turnover for the quarter that ended in Feb. 2017 is

Asset Turnover
=Revenue (Q: Feb. 2017 )/( (Total Assets (Q: Nov. 2016 )+Total Assets (Q: Feb. 2017 ))/ count )
=0/( (0.262+0.262)/ 2 )
=0/0.262
=0.00

* 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.

Sibannac Total Assets Related Terms

Sibannac Total Assets Historical Data

* Premium members only.

The historical data trend for Sibannac'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.

Sibannac Total Assets Chart

Sibannac Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Total Assets
Get a 7-Day Free Trial 0.18 0.20 0.06 0.57 0.32

Sibannac Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 0.47 0.46 0.32 0.26 0.26

Sibannac 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.

Sibannac's Total Assets for the fiscal year that ended in Aug. 2016 is calculated as

Total Assets=Total Equity (A: Aug. 2016 )+Total Liabilities (A: Aug. 2016 )
=-0.293+0.616
=0.32

Sibannac's Total Assets for the quarter that ended in Feb. 2017 is calculated as

Total Assets=Total Equity (Q: Feb. 2017 )+Total Liabilities (Q: Feb. 2017 )
=-0.396+0.658
=0.26

* 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 $0.26 Mil mean?
Sibannac (SNNC) has a Total Assets of $0.26 Mil as of Feb. 2017. The total amount of assets as recorded on a company's balance sheet. View historical data on Sibannac and its competitors.
Is Sibannac's Total Assets too high?
Sibannac's current Total Assets is $0.26 Mil.
How does Sibannac's Total Assets compare to LIVC and OTTV?
Sibannac's Total Assets of $0.26 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Assets depends on the Drug Manufacturers 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 Sibannac and its competitors. Sibannac's current Total Assets is $0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sibannac stock overvalued right now?
Sibannac (SNNC) has a current Total Assets of $0.26 Mil. The current Total Assets is $0.26 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 Sibannac (SNNC), the current Total Assets is $0.26 Mil as of Feb. 2017. 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.

Sibannac Business Description

Address 8657 N Caballo Circle, Paradise Valley, AZ, USA, 85253
Sibannac Inc is a cannabis research and development company with a portfolio of hemp beauty and body products, hemp animal care products, hemp clothing and accessories, and hemp paper and plastic products. Its products include oils, creams, lotions, treats, foods, shirts, pants, and dresses, and it also develops new hemp products. The group manufactures its products in Geneva, New York, and Charlotte, North Carolina. Its subsidiary business units include NOHO, Cherryology, and RaD8 Life, and associated brands include NOHO, Higher Times, Starwalker Cafe, The Meru Sky, consumer brands such as Converse, Titleist, FootJoy, Coca-Cola, Pepperidge Farm, and practitioner and nutraceutical brands including ChiroTouch, Emerson Ecologics, Reserveage, Gaia Herbs, Organic India, and NeoCell.