1CM (STU:IQ70) Total Assets : €27.84 Mil (As of Nov. 2024)

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What is 1CM Total Assets?

1CM's Total Assets for the quarter that ended in Nov. 2024 was €27.84 Mil.

During the past 12 months, 1CM's average Total Assets Growth Rate was 12.60% per year. During the past 3 years, the average Total Assets Growth Rate was 56.20% per year. During the past 5 years, the average Total Assets Growth Rate was 53.20% per year. During the past 10 years, the average Total Assets Growth Rate was 111.20% per year.

During the past 13 years, 1CM's highest 3-Year average Total Assets Growth Rate was 1191.80%. The lowest was -76.80%. And the median was 51.30%.

Total Assets is connected with ROA %. 1CM's annualized ROA % for the quarter that ended in Nov. 2024 was 4.05%. Total Assets is also linked to Revenue through Asset Turnover. 1CM's Asset Turnover for the quarter that ended in Nov. 2024 was 0.44.

1CM Total Assets Historical Data

The historical data trend for 1CM'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.

* Premium members only.

1CM Total Assets Chart

1CM Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Total Assets

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6.31

6.29

21.57

23.15

26.48

1CM Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Total Assets	Get a 7-Day Free Trial															23.78	24.81	24.77	26.48	27.84

1CM 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.

1CM's Total Assets for the fiscal year that ended in Aug. 2024 is calculated as

Total Assets	=	Total Equity (A: Aug. 2024 )	+	Total Liabilities (A: Aug. 2024 )
	=	18.416	+	8.064
	=	26.48

1CM's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2024 )	+	Total Liabilities (Q: Nov. 2024 )
	=	19.106	+	8.738
	=	27.84

1CM (STU:IQ70) Total Assets Explanation

Total Assets is connected with ROA %.

1CM's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %	=	Net Income (Q: Nov. 2024 )	/	( (Total Assets (Q: Aug. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
	=	1.1	/	( (26.48	+	27.844)	/ 2 )
	=	1.1	/	27.162
	=	4.05 %

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

1CM's Asset Turnover for the quarter that ended in Nov. 2024 is

	Asset Turnover
=	Revenue (Q: Nov. 2024 )	/	( (Total Assets (Q: Aug. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
=	11.835	/	( (26.48	+	27.844)	/ 2 )
=	11.835	/	27.162
=	0.44

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.

1CM Total Assets Related Terms

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1CM Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 1CM Inc (STU:IQ70) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MILFF:USA IQ70:Germany EPIC:Canada

Address

625 Cochrane Drive, Suite 802, Markham, ON, CAN, L3R9R9

Website

https://www.1cminc.com

1CM Inc is a multi-jurisdictional cannabis company focused on it's retail customers and technology to democratize cannabis markets. The Company focuses on expanding its current operations through organic growth and by way of merger and acquisition transactions. It has a single operating segment being Cannabis.

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