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Organic Potash (XCNQ:OPC) Total Assets : C$0.01 Mil (As of Mar. 2024)


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What is Organic Potash Total Assets?

Organic Potash's Total Assets for the quarter that ended in Mar. 2024 was C$0.01 Mil.

During the past 12 months, Organic Potash's average Total Assets Growth Rate was -50.00% per year. During the past 3 years, the average Total Assets Growth Rate was -20.60% per year. During the past 5 years, the average Total Assets Growth Rate was -41.90% per year. During the past 10 years, the average Total Assets Growth Rate was -48.40% per year.

During the past 13 years, Organic Potash's highest 3-Year average Total Assets Growth Rate was 110.50%. The lowest was -74.80%. And the median was -46.00%.

Total Assets is connected with ROA %. Organic Potash's annualized ROA % for the quarter that ended in Mar. 2024 was -600.00%. Total Assets is also linked to Revenue through Asset Turnover. Organic Potash's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


Organic Potash Total Assets Historical Data

The historical data trend for Organic Potash'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.

Organic Potash Total Assets Chart

Organic Potash Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.07 0.01 0.03

Organic Potash Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.04 0.03 0.02 0.02 0.01

Organic Potash 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.

Organic Potash's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=-0.761+0.792
=0.03

Organic Potash'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 )
=-0.823+0.833
=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.


Organic Potash  (XCNQ:OPC) Total Assets Explanation

Total Assets is connected with ROA %.

Organic Potash'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 )
=-0.096/( (0.023+0.009)/ 2 )
=-0.096/0.016
=-600.00 %

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.

Organic Potash'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 )
=0/( (0.023+0.009)/ 2 )
=0/0.016
=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.

Organic Potash Total Assets Related Terms

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Organic Potash Business Description

Traded in Other Exchanges
N/A
Address
10 Wilkinson Road, Suite 22, Brampton, ON, CAN, L6T 5B1
Organic Potash Corp is engaged in the development and production of potassium carbonate produced from agricultural waste, in particular cocoa husks in West Africa.

Organic Potash Headlines

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