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Green Rise Foods (TSXV:GRF) Total Assets : C$55.20 Mil (As of Sep. 2024)


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What is Green Rise Foods Total Assets?

Green Rise Foods's Total Assets for the quarter that ended in Sep. 2024 was C$55.20 Mil.

During the past 12 months, Green Rise Foods's average Total Assets Growth Rate was -3.80% per year. During the past 3 years, the average Total Assets Growth Rate was 22.20% per year. During the past 5 years, the average Total Assets Growth Rate was 407.90% per year.

During the past 7 years, Green Rise Foods's highest 3-Year average Total Assets Growth Rate was 3463.40%. The lowest was 22.20%. And the median was 24.40%.

Total Assets is connected with ROA %. Green Rise Foods's annualized ROA % for the quarter that ended in Sep. 2024 was 4.15%. Total Assets is also linked to Revenue through Asset Turnover. Green Rise Foods's Asset Turnover for the quarter that ended in Sep. 2024 was 0.20.

Green Rise Foods Total Assets Historical Data

The historical data trend for Green Rise Foods'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.

Green Rise Foods Total Assets Chart

Green Rise Foods Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 31.90 32.68 45.25 55.78 54.08

Green Rise Foods Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 57.35 54.08 59.22 60.73 55.20

Green Rise Foods 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.

Green Rise Foods'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 )
=1.563+52.519
=54.08

Green Rise Foods's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=5.713+49.484
=55.20

* 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.

Green Rise Foods  (TSXV:GRF) Total Assets Explanation

Total Assets is connected with ROA %.

Green Rise Foods's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=2.404/( (60.729+55.197)/ 2 )
=2.404/57.963
=4.15 %

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

Green Rise Foods's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=11.784/( (60.729+55.197)/ 2 )
=11.784/57.963
=0.20

* 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.

Green Rise Foods Total Assets Related Terms

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Green Rise Foods Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Green Rise Foods Inc (TSXV:GRF) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
47 Colborne Street, Suite 301, Toronto, ON, CAN, M5E1P8
Website
https://www.greenrisefoods.ca
Green Rise Foods Inc is a grower of fresh produce. The company takes pride in providing high-quality, consistent, and reliable products to meet the growing consumer demand for locally-grown fresh produce. It seeks to optimize its operations to generate improved product quality and shelf life, expand profit margins, and provide investors with meaningful and growing returns. The seasonal operation consists of the growing, packaging, and sale of produce to the majority of its customers.
Executives
Enrico Lorenzo Paolone 10% Security Holder, Director, Senior Officer
George Hatzoglou Senior Officer
Stanley A. Thomas Director