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Cashbox Ventures (XCNQ:CBOX.X) Total Assets : C$1.36 Mil (As of Dec. 2022)


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What is Cashbox Ventures Total Assets?

Cashbox Ventures's Total Assets for the quarter that ended in Dec. 2022 was C$1.36 Mil.

Total Assets is connected with ROA %. Cashbox Ventures's annualized ROA % for the quarter that ended in Dec. 2022 was -66.43%. Total Assets is also linked to Revenue through Asset Turnover. Cashbox Ventures's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.


Cashbox Ventures Total Assets Historical Data

The historical data trend for Cashbox Ventures'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.

Cashbox Ventures Total Assets Chart

Cashbox Ventures Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Assets
3.72 0.33 4.53 1.36

Cashbox Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 4.53 4.70 1.85 1.50 1.36

Cashbox Ventures 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.

Cashbox Ventures's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=1.258+0.101
=1.36

Cashbox Ventures's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=1.258+0.101
=1.36

* 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.


Cashbox Ventures  (XCNQ:CBOX.X) Total Assets Explanation

Total Assets is connected with ROA %.

Cashbox Ventures's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=-0.948/( (1.495+1.359)/ 2 )
=-0.948/1.427
=-66.43 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

Cashbox Ventures's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (1.495+1.359)/ 2 )
=0/1.427
=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.

Cashbox Ventures Total Assets Related Terms

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Cashbox Ventures (XCNQ:CBOX.X) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Cashbox Ventures Ltd formerly Wikileaf Technologies Inc is engaged in providing a price comparison platform for recreational and medicinal cannabis consumers. It provides consumers with instant price comparisons among dispensaries in their vicinity.

Cashbox Ventures (XCNQ:CBOX.X) Headlines

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