STHZF (StateHouse Holdings) Total Assets : $121.47 Mil (As of Jun. 2024)

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What is StateHouse Holdings Total Assets?

StateHouse Holdings's Total Assets for the quarter that ended in Jun. 2024 was $121.47 Mil.

During the past 3 years, the average Total Assets Growth Rate was 6.50% per year. During the past 5 years, the average Total Assets Growth Rate was 267.70% per year. During the past 10 years, the average Total Assets Growth Rate was 179.40% per year.

During the past 13 years, StateHouse Holdings's highest 3-Year average Total Assets Growth Rate was 1930.10%. The lowest was -55.30%. And the median was -3.40%.

Total Assets is connected with ROA %. StateHouse Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 0.69%. Total Assets is also linked to Revenue through Asset Turnover. StateHouse Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.23.

StateHouse Holdings Total Assets Historical Data

The historical data trend for StateHouse Holdings'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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StateHouse Holdings Total Assets Chart

StateHouse Holdings Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4.03

114.97

153.82

155.53

123.08

StateHouse Holdings Quarterly Data
	Apr19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															-	-	123.08	120.53	121.47

StateHouse Holdings 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.

StateHouse Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	-161.682	+	284.766
	=	123.08

StateHouse Holdings's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	-178.616	+	300.09
	=	121.47

StateHouse Holdings (OTCPK:STHZF) Total Assets Explanation

Total Assets is connected with ROA %.

StateHouse Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	0.836	/	( (120.529	+	121.474)	/ 2 )
	=	0.836	/	121.0015
	=	0.69 %

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

StateHouse Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	27.77	/	( (120.529	+	121.474)	/ 2 )
=	27.77	/	121.0015
=	0.23

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.

StateHouse Holdings Total Assets Related Terms

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StateHouse Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » StateHouse Holdings Inc (OTCPK:STHZF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

1028 Buenos Avenue, San Diego, CA, USA, 92110

Website

https://www.statehouseholdings.com

StateHouse Holdings Inc is a vertically integrated Cannabis company. It is a United States-based cannabis retailer. The company is engaged in the manufacture, possession, use, sale, or distribution of cannabis in the recreational and/or medicinal cannabis marketplace in the State of California and the State of Oregon. It offers packaged flowers, pre-roll, concentrates, edibles, and vape SKUs.