Branchout Food (Branchout Food) Total Assets : $2.69 Mil (As of Mar. 2024)

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What is Branchout Food Total Assets?

Branchout Food's Total Assets for the quarter that ended in Mar. 2024 was $2.69 Mil.

During the past 12 months, Branchout Food's average Total Assets Growth Rate was -25.30% per year. During the past 3 years, the average Total Assets Growth Rate was 79.30% per year.

During the past 4 years, Branchout Food's highest 3-Year average Total Assets Growth Rate was 79.30%. The lowest was 79.30%. And the median was 79.30%.

Total Assets is connected with ROA %. Branchout Food's annualized ROA % for the quarter that ended in Mar. 2024 was -144.57%. Total Assets is also linked to Revenue through Asset Turnover. Branchout Food's Asset Turnover for the quarter that ended in Mar. 2024 was 0.50.

Branchout Food Total Assets Historical Data

The historical data trend for Branchout Food'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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Branchout Food Total Assets Chart

Branchout Food Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

1.54

3.19

3.26

3.13

Branchout Food Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial							3.46	4.98	4.36	3.13	2.69

Branchout Food 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.

Branchout Food'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 )
	=	2.21	+	0.915
	=	3.13

Branchout Food'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 )
	=	1.694	+	0.997
	=	2.69

Branchout Food (NAS:BOF) Total Assets Explanation

Total Assets is connected with ROA %.

Branchout Food'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 )
	=	-4.204	/	( (3.125	+	2.691)	/ 2 )
	=	-4.204	/	2.908
	=	-144.57 %

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.

Branchout Food'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 )
=	1.467	/	( (3.125	+	2.691)	/ 2 )
=	1.467	/	2.908
=	0.50

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.

Branchout Food Total Assets Related Terms

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Branchout Food (Branchout Food) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Branchout Food inc (NAS:BOF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

205 SE Davis Avenue, Suite C, Bend, OR, USA, 97702

Website

https://www.branchoutfood.com

Branchout Food inc is an international food-tech company delivering truly extraordinary natural snacks and real superfood ingredients enabled by Its new, licensed dehydration technology. BranchOut licensed the rights to a new dehydration technology designed for drying and processing sensitive fruits and vegetables such as avocados, bananas and others. Its products include BranchOut Snacks, BranchOut Powders and BranchOut Industrial Ingredients.

Executives

John Dalfonsi	director	205 SE DAVIS AVE, SUITE C, BEND OR 97702
Eric Healy	director, officer: CEO	205 SE DAVIS AVE, SUITE C, BEND OR 97702
David Richard Israel	director	205 SE DAVIS AVE, SUITE C, BEND OR 97702
Greg Somerville	director	205 SE DAVIS AVE, SUITE C, BEND OR 97702