TRCNF (Transnational Cannabis) Total Assets: $60.77 Mil (As of Nov. 2019)

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What is Transnational Cannabis Total Assets?

Transnational Cannabis TRCNF -97.50% Total Assets is $60.77 Mil as of Nov. 2019.

Transnational Cannabis's Total Assets for the quarter that ended in Nov. 2019 was $60.77 Mil.

Total Assets is connected with ROA %. Transnational Cannabis's annualized ROA % for the quarter that ended in Nov. 2019 was -81.41%. Total Assets is also linked to Revenue through Asset Turnover. Transnational Cannabis's Asset Turnover for the quarter that ended in Nov. 2019 was 0.00.

Transnational Cannabis  (OTCPK:TRCNF) Total Assets Explanation

Total Assets is connected with ROA %.

Transnational Cannabis's annualized ROA % for the quarter that ended in Nov. 2019 is

ROA %=Net Income (Q: Nov. 2019 )/( (Total Assets (Q: Aug. 2019 )+Total Assets (Q: Nov. 2019 ))/ count )
=-78.66/( (132.467+60.773)/ 2 )
=-78.66/96.62
=-81.41 %

Note: The Net Income data used here is four times the quarterly (Nov. 2019) 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.

Transnational Cannabis's Asset Turnover for the quarter that ended in Nov. 2019 is

Asset Turnover
=Revenue (Q: Nov. 2019 )/( (Total Assets (Q: Aug. 2019 )+Total Assets (Q: Nov. 2019 ))/ count )
=0/( (132.467+60.773)/ 2 )
=0/96.62
=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.

Transnational Cannabis Total Assets Related Terms

Transnational Cannabis Total Assets Historical Data

* Premium members only.

The historical data trend for Transnational Cannabis'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.

Transnational Cannabis Total Assets Chart

Transnational Cannabis Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.10 0.02 0.08 52.81

Transnational Cannabis Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 86.87 52.81 130.09 132.47 60.77

Transnational Cannabis 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.

Transnational Cannabis's Total Assets for the fiscal year that ended in Feb. 2019 is calculated as

Total Assets=Total Equity (A: Feb. 2019 )+Total Liabilities (A: Feb. 2019 )
=47.574+5.237
=52.81

Transnational Cannabis's Total Assets for the quarter that ended in Nov. 2019 is calculated as

Total Assets=Total Equity (Q: Nov. 2019 )+Total Liabilities (Q: Nov. 2019 )
=35.538+25.235
=60.77

* 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 $60.77 Mil mean?
Transnational Cannabis (TRCNF) has a Total Assets of $60.77 Mil as of Nov. 2019. The total amount of assets as recorded on a company's balance sheet. View historical data on Transnational Cannabis and its competitors.
Is Transnational Cannabis' Total Assets too high?
Transnational Cannabis' current Total Assets is $60.77 Mil.
How does Transnational Cannabis' Total Assets compare to CLSH and KAYS?
Transnational Cannabis' Total Assets of $60.77 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 Transnational Cannabis and its competitors. Transnational Cannabis's current Total Assets is $60.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational Cannabis stock overvalued right now?
Transnational Cannabis (TRCNF) has a current Total Assets of $60.77 Mil. The current Total Assets is $60.77 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 Transnational Cannabis (TRCNF), the current Total Assets is $60.77 Mil as of Nov. 2019. 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.

Transnational Cannabis Business Description

Address 37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Transnational Cannabis Ltd, formerly ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.