Medical Marijuana (Medical Marijuana) Total Assets : $274.84 Mil (As of Dec. 2017)

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What is Medical Marijuana Total Assets?

Medical Marijuana's Total Assets for the quarter that ended in Dec. 2017 was $274.84 Mil.

Total Assets is connected with ROA %. Medical Marijuana's annualized ROA % for the quarter that ended in Dec. 2017 was -44.32%. Total Assets is also linked to Revenue through Asset Turnover. Medical Marijuana's Asset Turnover for the quarter that ended in Dec. 2017 was 0.08.

Medical Marijuana Total Assets Historical Data

The historical data trend for Medical Marijuana'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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Medical Marijuana Total Assets Chart

Medical Marijuana Annual Data

Trend

Dec09

Dec10

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Total Assets

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46.63

166.09

216.18

393.55

274.84

Medical Marijuana Semi-Annual Data
	Dec09	Dec10	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Total Assets	Get a 7-Day Free Trial			46.63	166.09	216.18	393.55	274.84

Medical Marijuana 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.

Medical Marijuana's Total Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Assets	=	Total Equity (A: Dec. 2017 )	+	Total Liabilities (A: Dec. 2017 )
	=	259.387	+	15.451
	=	274.84

Medical Marijuana's Total Assets for the quarter that ended in Dec. 2017 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2017 )	+	Total Liabilities (Q: Dec. 2017 )
	=	259.387	+	15.451
	=	274.84

Medical Marijuana (OTCPK:MJNA) Total Assets Explanation

Total Assets is connected with ROA %.

Medical Marijuana's annualized ROA % for the quarter that ended in Dec. 2017 is

ROA %	=	Net Income (Q: Dec. 2017 )	/	( (Total Assets (Q: Dec. 2016 )	+	Total Assets (Q: Dec. 2017 ))	/ count )
	=	-148.105	/	( (393.553	+	274.838)	/ 2 )
	=	-148.105	/	334.1955
	=	-44.32 %

Note: The Net Income data used here is one times the annual (Dec. 2017) 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.

Medical Marijuana's Asset Turnover for the quarter that ended in Dec. 2017 is

	Asset Turnover
=	Revenue (Q: Dec. 2017 )	/	( (Total Assets (Q: Dec. 2016 )	+	Total Assets (Q: Dec. 2017 ))	/ count )
=	26.523	/	( (393.553	+	274.838)	/ 2 )
=	26.523	/	334.1955
=	0.08

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.

Medical Marijuana Total Assets Related Terms

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Medical Marijuana (Medical Marijuana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medical Marijuana Inc (OTCPK:MJNA) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

2384 La Mirada Drive, Vista, CA, USA, 92081

Website

https://www.medicalmarijuanainc.com

Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.