GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Goodness Growth Holdings Inc (XCNQ:GDNS) » Definitions » Total Assets

Goodness Growth Holdings (XCNQ:GDNS) Total Assets : C$258.4 Mil (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Goodness Growth Holdings Total Assets?

Goodness Growth Holdings's Total Assets for the quarter that ended in Mar. 2024 was C$258.4 Mil.

During the past 12 months, Goodness Growth Holdings's average Total Assets Growth Rate was 18.90% per year. During the past 3 years, the average Total Assets Growth Rate was 31.50% per year. During the past 5 years, the average Total Assets Growth Rate was 305.50% per year. During the past 10 years, the average Total Assets Growth Rate was 283.50% per year.

During the past 13 years, Goodness Growth Holdings's highest 3-Year average Total Assets Growth Rate was 1999.40%. The lowest was -90.30%. And the median was 18.20%.

Total Assets is connected with ROA %. Goodness Growth Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -14.41%. Total Assets is also linked to Revenue through Asset Turnover. Goodness Growth Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.13.


Goodness Growth Holdings Total Assets Historical Data

The historical data trend for Goodness Growth Holdings'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.

Goodness Growth Holdings Total Assets Chart

Goodness Growth Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.51 131.46 213.72 216.21 245.87

Goodness Growth Holdings 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 217.06 220.48 232.29 245.87 258.38

Goodness Growth Holdings 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.

Goodness Growth Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-21.525+267.39
=245.9

Goodness Growth Holdings'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 )
=-30.558+288.939
=258.4

* 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.


Goodness Growth Holdings  (XCNQ:GDNS) Total Assets Explanation

Total Assets is connected with ROA %.

Goodness Growth Holdings'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 )
=-36.336/( (245.867+258.381)/ 2 )
=-36.336/252.124
=-14.41 %

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.

Goodness Growth Holdings'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 )
=32.604/( (245.867+258.381)/ 2 )
=32.604/252.124
=0.13

* 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.

Goodness Growth Holdings Total Assets Related Terms

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


Goodness Growth Holdings (XCNQ:GDNS) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8
Goodness Growth Holdings Inc is a cannabis company whose mission is to provide safe access, quality products and value to its customers while supporting its local communities through active participation and restorative justice programs. It operates in one business segment, namely the Cannabis segment that cultivates, processes, and distributes medical and adult-use cannabis products in a variety of formats, as well as related accessories in Maryland, Minnesota, New Mexico, New York, and formerly Arizona, and Ohio.

Goodness Growth Holdings (XCNQ:GDNS) Headlines

No Headlines