Halo Collective (Halo Collective) Total Assets : $44.19 Mil (As of Jun. 2023)

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What is Halo Collective Total Assets?

Halo Collective's Total Assets for the quarter that ended in Jun. 2023 was $44.19 Mil.

During the past 12 months, Halo Collective's average Total Assets Growth Rate was -62.60% per year. During the past 3 years, the average Total Assets Growth Rate was 15.80% per year. During the past 5 years, the average Total Assets Growth Rate was 353.80% per year. During the past 10 years, the average Total Assets Growth Rate was 33.60% per year.

During the past 13 years, Halo Collective's highest 3-Year average Total Assets Growth Rate was 2198.40%. The lowest was -94.20%. And the median was 46.95%.

Total Assets is connected with ROA %. Halo Collective's annualized ROA % for the quarter that ended in Jun. 2023 was -57.33%. Total Assets is also linked to Revenue through Asset Turnover. Halo Collective's Asset Turnover for the quarter that ended in Jun. 2023 was 0.07.

Halo Collective Total Assets Historical Data

The historical data trend for Halo Collective'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.

Halo Collective Total Assets Chart

Halo Collective Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Total Assets

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10.23

41.99

87.75

104.80

56.89

Halo Collective Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Assets	Get a 7-Day Free Trial															116.22	110.97	56.89	51.41	44.19

Halo Collective 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.

Halo Collective'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 )
	=	29.434	+	27.458
	=	56.89

Halo Collective's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	19.735	+	24.456
	=	44.19

Halo Collective (OTCPK:HCANF) Total Assets Explanation

Total Assets is connected with ROA %.

Halo Collective's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-27.404	/	( (51.406	+	44.192)	/ 2 )
	=	-27.404	/	47.799
	=	-57.33 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) 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.

Halo Collective's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	3.569	/	( (51.406	+	44.192)	/ 2 )
=	3.569	/	47.799
=	0.07

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.

Halo Collective Total Assets Related Terms

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Halo Collective (Halo Collective) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Halo Collective Inc (OTCPK:HCANF) » Definitions » Total Assets

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Address

550 Burrard Street, Suite 2300, Vancouver, BC, CAN, V6C 2B5

Website

https://www.haloco.com

Halo Collective Inc is a cannabis extraction company. It is engaged in manufacturing cannabis oil and concentrates and distributing cannabis products for recreational use in the states of Oregon, Nevada and California.