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Safe Supply Streaming Co (XCNQ:SPLY) Total Assets : C$1.63 Mil (As of Jun. 2024)


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What is Safe Supply Streaming Co Total Assets?

Safe Supply Streaming Co's Total Assets for the quarter that ended in Jun. 2024 was C$1.63 Mil.

Total Assets is connected with ROA %. Safe Supply Streaming Co's annualized ROA % for the quarter that ended in Jun. 2024 was -117.68%. Total Assets is also linked to Revenue through Asset Turnover. Safe Supply Streaming Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Safe Supply Streaming Co Total Assets Historical Data

The historical data trend for Safe Supply Streaming Co'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.

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Safe Supply Streaming Co Total Assets Chart

Safe Supply Streaming Co Annual Data
Trend Sep23
Total Assets
4.22

Safe Supply Streaming Co Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24
Total Assets - 4.22 2.79 2.28 1.63

Safe Supply Streaming Co 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.

Safe Supply Streaming Co's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=1.955+2.263
=4.22

Safe Supply Streaming Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=1.278+0.348
=1.63

* 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.

Safe Supply Streaming Co  (XCNQ:SPLY) Total Assets Explanation

Total Assets is connected with ROA %.

Safe Supply Streaming Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=-2.296/( (2.276+1.626)/ 2 )
=-2.296/1.951
=-117.68 %

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

Safe Supply Streaming Co's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (2.276+1.626)/ 2 )
=0/1.951
=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.

Safe Supply Streaming Co Total Assets Related Terms

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Safe Supply Streaming Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Safe Supply Streaming Co Ltd (XCNQ:SPLY) » Definitions » Total Assets
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Traded in Other Exchanges
SSPLF:USA QM4:Germany
Address
666 Burrard Street, 25th Floor, Vancouver, BC, CAN, V6C 2X8
Website
https://www.safesupply.com
Safe Supply Streaming Co Ltd is investing in and incubating companies at the forefront of the third wave of drug policy reform. The company is focusing on investments in the psychedelic industry and analyzes, manufactures and distributes psychoactive compounds including the coca plant. The Company plans to invest in opportunities involving which are legally permitted, the research, design, development, testing, production, distribution, and sale of psychedelics and related services.

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