GURU Organic Energy (TSX:GURU) Total Assets : C$47.79 Mil (As of Jan. 2024)

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What is GURU Organic Energy Total Assets?

GURU Organic Energy's Total Assets for the quarter that ended in Jan. 2024 was C$47.79 Mil.

During the past 12 months, GURU Organic Energy's average Total Assets Growth Rate was -6.60% per year. During the past 3 years, the average Total Assets Growth Rate was 9.20% per year.

During the past 4 years, GURU Organic Energy's highest 3-Year average Total Assets Growth Rate was 9.20%. The lowest was 9.20%. And the median was 9.20%.

Total Assets is connected with ROA %. GURU Organic Energy's annualized ROA % for the quarter that ended in Jan. 2024 was -15.41%. Total Assets is also linked to Revenue through Asset Turnover. GURU Organic Energy's Asset Turnover for the quarter that ended in Jan. 2024 was 0.15.

GURU Organic Energy Total Assets Historical Data

The historical data trend for GURU Organic Energy'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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GURU Organic Energy Total Assets Chart

GURU Organic Energy Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Total Assets

41.79

85.01

65.35

48.65

GURU Organic Energy Quarterly Data
	Sep19	Sep20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial										60.29	57.73	54.97	48.65	47.79

GURU Organic Energy 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.

GURU Organic Energy's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	39.831	+	8.819
	=	48.65

GURU Organic Energy's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	37.983	+	9.804
	=	47.79

GURU Organic Energy (TSX:GURU) Total Assets Explanation

Total Assets is connected with ROA %.

GURU Organic Energy's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-7.432	/	( (48.65	+	47.786)	/ 2 )
	=	-7.432	/	48.218
	=	-15.41 %

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

GURU Organic Energy's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	7.146	/	( (48.65	+	47.786)	/ 2 )
=	7.146	/	48.218
=	0.15

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.

GURU Organic Energy Total Assets Related Terms

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GURU Organic Energy (TSX:GURU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » GURU Organic Energy Corp (TSX:GURU) » Definitions » Total Assets

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Traded in Other Exchanges

GUROF:USA

Address

602-7236 rue Waverly, Montreal, QC, CAN, H2R 0C2

Website

https://www.guruenergy.com

GURU Organic Energy Corp is a wellness company. The company is engaged in the business of manufacturing and marketing organic energy drinks. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States. Some of its product includes GURU Organic Energy - Yerba Mate; GURU Energy Water - Grapefruit; GURU Energy Water - Pomegranate; GURU Organic Energy - Matcha and others.

Executives

Eric Yves Graveline

10% Security Holder, Director