GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cannabusiness Group Inc (OTCPK:CBGI) » Definitions » Total Assets

Cannabusiness Group (Cannabusiness Group) Total Assets : $6.46 Mil (As of Dec. 2007)


View and export this data going back to . Start your Free Trial

What is Cannabusiness Group Total Assets?

Cannabusiness Group's Total Assets for the quarter that ended in Dec. 2007 was $6.46 Mil.

Total Assets is connected with ROA %. Cannabusiness Group's annualized ROA % for the quarter that ended in Dec. 2007 was -18.95%. Total Assets is also linked to Revenue through Asset Turnover. Cannabusiness Group's Asset Turnover for the quarter that ended in Dec. 2007 was 2.53.


Cannabusiness Group Total Assets Historical Data

The historical data trend for Cannabusiness Group'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.

Cannabusiness Group Total Assets Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.37 4.40 1.28 4.31 6.46

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.37 4.40 1.28 4.31 6.46

Cannabusiness Group 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.

Cannabusiness Group's Total Assets for the fiscal year that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (A: Dec. 2007 )+Total Liabilities (A: Dec. 2007 )
=0.463+5.999
=6.46

Cannabusiness Group's Total Assets for the quarter that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (Q: Dec. 2007 )+Total Liabilities (Q: Dec. 2007 )
=0.463+5.999
=6.46

* 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.


Cannabusiness Group  (OTCPK:CBGI) Total Assets Explanation

Total Assets is connected with ROA %.

Cannabusiness Group's annualized ROA % for the quarter that ended in Dec. 2007 is

ROA %=Net Income (Q: Dec. 2007 )/( (Total Assets (Q: Dec. 2006 )+Total Assets (Q: Dec. 2007 ))/ count )
=-1.02/( (4.306+6.462)/ 2 )
=-1.02/5.384
=-18.95 %

Note: The Net Income data used here is one times the annual (Dec. 2007) 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.

Cannabusiness Group's Asset Turnover for the quarter that ended in Dec. 2007 is

Asset Turnover
=Revenue (Q: Dec. 2007 )/( (Total Assets (Q: Dec. 2006 )+Total Assets (Q: Dec. 2007 ))/ count )
=13.603/( (4.306+6.462)/ 2 )
=13.603/5.384
=2.53

* 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.

Cannabusiness Group Total Assets Related Terms

Thank you for viewing the detailed overview of Cannabusiness Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Cannabusiness Group (Cannabusiness Group) Business Description

Traded in Other Exchanges
N/A
Address
3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414
Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

Cannabusiness Group (Cannabusiness Group) Headlines

No Headlines