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Grey Wolf Animal Health (TSXV:WOLF) Total Assets : C$38.14 Mil (As of Mar. 2024)


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What is Grey Wolf Animal Health Total Assets?

Grey Wolf Animal Health's Total Assets for the quarter that ended in Mar. 2024 was C$38.14 Mil.

During the past 12 months, Grey Wolf Animal Health's average Total Assets Growth Rate was -0.30% per year.

Total Assets is connected with ROA %. Grey Wolf Animal Health's annualized ROA % for the quarter that ended in Mar. 2024 was 1.30%. Total Assets is also linked to Revenue through Asset Turnover. Grey Wolf Animal Health's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.


Grey Wolf Animal Health Total Assets Historical Data

The historical data trend for Grey Wolf Animal Health'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.

Grey Wolf Animal Health Total Assets Chart

Grey Wolf Animal Health Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
36.23 39.31 39.63

Grey Wolf Animal Health Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.65 38.83 40.08 39.63 38.14

Grey Wolf Animal Health 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.

Grey Wolf Animal Health'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 )
=25.09+14.543
=39.63

Grey Wolf Animal Health's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=25.193+12.947
=38.14

* 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.


Grey Wolf Animal Health  (TSXV:WOLF) Total Assets Explanation

Total Assets is connected with ROA %.

Grey Wolf Animal Health's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0.504/( (39.632+38.14)/ 2 )
=0.504/38.886
=1.30 %

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

Grey Wolf Animal Health's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=6.047/( (39.632+38.14)/ 2 )
=6.047/38.886
=0.16

* 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.

Grey Wolf Animal Health Total Assets Related Terms

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Grey Wolf Animal Health (TSXV:WOLF) Business Description

Traded in Other Exchanges
N/A
Address
65 Front St. E., Suite 201, Toronto, CAN, M5E 1B5
Grey Wolf Animal Health Corp operates as an animal health company. It focuses on improving the lives and well-being of vets and pets in Canada.
Executives
Shawn Douglas Aspden Director