SSMTF (Sensible Meats) Total Assets: $4.83 Mil (As of Aug. 2024)


What is Sensible Meats Total Assets?

Sensible Meats SSMTF Total Assets is $4.83 Mil as of Aug. 2024.

Sensible Meats's Total Assets for the quarter that ended in Aug. 2024 was $4.83 Mil.

Total Assets is connected with ROA %. Sensible Meats's annualized ROA % for the quarter that ended in Aug. 2024 was -6.67%. Total Assets is also linked to Revenue through Asset Turnover. Sensible Meats's Asset Turnover for the quarter that ended in Aug. 2024 was 0.00.

Sensible Meats  (OTCPK:SSMTF) Total Assets Explanation

Total Assets is connected with ROA %.

Sensible Meats's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %=Net Income (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=-0.324/( (4.875+4.833)/ 2 )
=-0.324/4.854
=-6.67 %

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

Sensible Meats's Asset Turnover for the quarter that ended in Aug. 2024 is

Asset Turnover
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=0/( (4.875+4.833)/ 2 )
=0/4.854
=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.

Sensible Meats Total Assets Related Terms

Sensible Meats Total Assets Historical Data

* Premium members only.

The historical data trend for Sensible Meats'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.

Sensible Meats Total Assets Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
Total Assets
9.15 7.94 4.99

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.36 4.99 4.97 4.88 4.83

Sensible Meats 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.

Sensible Meats's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets=Total Equity (A: Nov. 2023 )+Total Liabilities (A: Nov. 2023 )
=4.862+0.129
=4.99

Sensible Meats's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets=Total Equity (Q: Aug. 2024 )+Total Liabilities (Q: Aug. 2024 )
=4.724+0.109
=4.83

* 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 $4.83 Mil mean?
Sensible Meats (SSMTF) has a Total Assets of $4.83 Mil as of Aug. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Sensible Meats and its competitors.
Is Sensible Meats' Total Assets too high?
Sensible Meats' current Total Assets is $4.83 Mil.
How does Sensible Meats' Total Assets compare to TLCC and AJYG?
Sensible Meats' Total Assets of $4.83 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 Sensible Meats and its competitors. Sensible Meats's current Total Assets is $4.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) has a current Total Assets of $4.83 Mil. The current Total Assets is $4.83 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 Sensible Meats (SSMTF), the current Total Assets is $4.83 Mil as of Aug. 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.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.