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VDQSF (Gnomestar Craft) Total Assets : $0.87 Mil (As of Dec. 2021)


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What is Gnomestar Craft Total Assets?

Gnomestar Craft's Total Assets for the quarter that ended in Dec. 2021 was $0.87 Mil.

Total Assets is connected with ROA %. Gnomestar Craft's annualized ROA % for the quarter that ended in Dec. 2021 was -39.85%. Total Assets is also linked to Revenue through Asset Turnover. Gnomestar Craft's Asset Turnover for the quarter that ended in Dec. 2021 was 0.01.


Gnomestar Craft Total Assets Historical Data

The historical data trend for Gnomestar Craft'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.

Gnomestar Craft Total Assets Chart

Gnomestar Craft Annual Data
Trend Jun12 Jun13 Jun14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 3.09 0.56 1.03 0.97

Gnomestar Craft Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 1.01 0.97 1.09 0.93 0.87

Gnomestar Craft 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.

Gnomestar Craft's Total Assets for the fiscal year that ended in Mar. 2021 is calculated as

Total Assets=Total Equity (A: Mar. 2021 )+Total Liabilities (A: Mar. 2021 )
=-1.313+2.283
=0.97

Gnomestar Craft's Total Assets for the quarter that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (Q: Dec. 2021 )+Total Liabilities (Q: Dec. 2021 )
=-1.647+2.521
=0.87

* 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.


Gnomestar Craft  (OTCPK:VDQSF) Total Assets Explanation

Total Assets is connected with ROA %.

Gnomestar Craft's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %=Net Income (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=-0.36/( (0.933+0.874)/ 2 )
=-0.36/0.9035
=-39.85 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) 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.

Gnomestar Craft's Asset Turnover for the quarter that ended in Dec. 2021 is

Asset Turnover
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=0.008/( (0.933+0.874)/ 2 )
=0.008/0.9035
=0.01

* 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.

Gnomestar Craft Total Assets Related Terms

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Gnomestar Craft Business Description

Traded in Other Exchanges
N/A
Address
8778 River Road, Delta, BC, CAN, V4G 1B5
Gnomestar Craft Inc, formerly Vodis Pharmaceuticals Inc is engaged in the manufacturing of craft cannabis. The company's facility is situated in Delta, British Columbia, Canada. The business operates in one segment being the marijuana industry, and all assets are located in Canada.The firm sells certain cannabis products for medical and recreational use to certain companies in Canada who are licensed for cultivation, processing and sell dried cannabis products.

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