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THS Maple Holdings (TSXV:YAY) Total Assets : C$6.82 Mil (As of Nov. 2023)


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What is THS Maple Holdings Total Assets?

THS Maple Holdings's Total Assets for the quarter that ended in Nov. 2023 was C$6.82 Mil.

During the past 12 months, THS Maple Holdings's average Total Assets Growth Rate was 1.90% per year.

Total Assets is connected with ROA %. THS Maple Holdings's annualized ROA % for the quarter that ended in Nov. 2023 was -42.65%. Total Assets is also linked to Revenue through Asset Turnover. THS Maple Holdings's Asset Turnover for the quarter that ended in Nov. 2023 was 1.65.

THS Maple Holdings Total Assets Historical Data

The historical data trend for THS Maple 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.

* Premium members only.

THS Maple Holdings Total Assets Chart

THS Maple Holdings Annual Data
Trend Nov21 Nov22
Total Assets
5.66 5.69

THS Maple Holdings Semi-Annual Data
Nov21 Nov22 Nov23
Total Assets 5.66 5.69 6.82

THS Maple 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.

THS Maple Holdings's Total Assets for the fiscal year that ended in Nov. 2022 is calculated as

Total Assets=Total Equity (A: Nov. 2022 )+Total Liabilities (A: Nov. 2022 )
=-2.055+7.746
=5.69

THS Maple Holdings's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets=Total Equity (Q: Nov. 2023 )+Total Liabilities (Q: Nov. 2023 )
=-3.472+10.288
=6.82

* 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.

THS Maple Holdings  (TSXV:YAY) Total Assets Explanation

Total Assets is connected with ROA %.

THS Maple Holdings's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %=Net Income (Q: Nov. 2023 )/( (Total Assets (Q: Nov. 2022 )+Total Assets (Q: Nov. 2023 ))/ count )
=-2.667/( (5.691+6.816)/ 2 )
=-2.667/6.2535
=-42.65 %

Note: The Net Income data used here is one times the annual (Nov. 2023) 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.

THS Maple Holdings's Asset Turnover for the quarter that ended in Nov. 2023 is

Asset Turnover
=Revenue (Q: Nov. 2023 )/( (Total Assets (Q: Nov. 2022 )+Total Assets (Q: Nov. 2023 ))/ count )
=10.308/( (5.691+6.816)/ 2 )
=10.308/6.2535
=1.65

* 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.

THS Maple Holdings Total Assets Related Terms

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THS Maple Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » THS Maple Holdings Ltd (TSXV:YAY) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
94 Riverwood Parkway, Toronto, ON, CAN, M8Y 4E9
Website
https://www.turkeyhill.ca
THS Maple Holdings Ltd supplies bottles, packages, and markets high-quality maple syrup and maple syrup products. Geographically the company generates the majority of its revenue from Canada.

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