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Himalaya Technologies (Himalaya Technologies) Total Assets : $0.14 Mil (As of Jan. 2024)


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What is Himalaya Technologies Total Assets?

Himalaya Technologies's Total Assets for the quarter that ended in Jan. 2024 was $0.14 Mil.

During the past 12 months, Himalaya Technologies's average Total Assets Growth Rate was -59.60% per year. During the past 3 years, the average Total Assets Growth Rate was -11.50% per year. During the past 5 years, the average Total Assets Growth Rate was -42.80% per year.

During the past 11 years, Himalaya Technologies's highest 3-Year average Total Assets Growth Rate was 819.30%. The lowest was -76.10%. And the median was -11.50%.

Total Assets is connected with ROA %. Himalaya Technologies's annualized ROA % for the quarter that ended in Jan. 2024 was -1,688.37%. Total Assets is also linked to Revenue through Asset Turnover. Himalaya Technologies's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.


Himalaya Technologies Total Assets Historical Data

The historical data trend for Himalaya Technologies'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.

Himalaya Technologies Total Assets Chart

Himalaya Technologies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul21 Jul22 Jul23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.06 0.04 0.33 0.04

Himalaya Technologies Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.33 0.21 0.04 0.04 0.14

Himalaya Technologies 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.

Himalaya Technologies's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (A: Jul. 2023 )+Total Liabilities (A: Jul. 2023 )
=-1.126+1.162
=0.04

Himalaya Technologies'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 )
=-0.558+0.696
=0.14

* 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.


Himalaya Technologies  (OTCPK:HMLA) Total Assets Explanation

Total Assets is connected with ROA %.

Himalaya Technologies'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 )
=-1.452/( (0.035+0.137)/ 2 )
=-1.452/0.086
=-1,688.37 %

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.

Himalaya Technologies'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 )
=0/( (0.035+0.137)/ 2 )
=0/0.086
=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.

Himalaya Technologies Total Assets Related Terms

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Himalaya Technologies (Himalaya Technologies) Business Description

Traded in Other Exchanges
N/A
Address
831 West North Avenue, Pittsburgh, PA, USA, 15233
Himalaya Technologies Inc along with its subsidiaries is targeting information services for the cannabis industry. The company uses its social site Kanab.Club. It is a cannabis social media platform which acts as a benchmark for uniting the cannabis community.
Executives
Vikram P Grover director, 10 percent owner, officer: CEO, Chairman 1340 BROOK ST. UNIT M, ST CHARLES IL 60174
Paul D Maniscalco officer: Chief Financial Officer 1600 STOUT STREET, #450, DENVER CO 80202
St James David M director 3395 S. JONES BLVD., #169, LAS VEGAS NV 89146
Thomas Fw Campbell 10 percent owner 1155 W. CALLE FUENTE DE CARINO, SAHUARITA AZ 85629