Weed (BUDZ) Total Assets : $0.70 Mil (As of Mar. 2024)

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What is Weed Total Assets?

Weed's Total Assets for the quarter that ended in Mar. 2024 was $0.70 Mil.

During the past 12 months, Weed's average Total Assets Growth Rate was -53.80% per year. During the past 3 years, the average Total Assets Growth Rate was -30.20% per year. During the past 5 years, the average Total Assets Growth Rate was -22.60% per year. During the past 10 years, the average Total Assets Growth Rate was 88.10% per year.

During the past 13 years, Weed's highest 3-Year average Total Assets Growth Rate was 1038.30%. The lowest was -75.30%. And the median was -12.20%.

Total Assets is connected with ROA %. Weed's annualized ROA % for the quarter that ended in Mar. 2024 was -85.07%. Total Assets is also linked to Revenue through Asset Turnover. Weed's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Weed Total Assets Historical Data

The historical data trend for Weed'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.

Weed Total Assets Chart

Weed Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1.95

1.82

1.96

1.63

0.90

Weed 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															1.40	1.31	1.28	0.90	0.70

Weed 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.

Weed'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 )
	=	0.255	+	0.649
	=	0.90

Weed'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 )
	=	0.107	+	0.596
	=	0.70

Weed (OTCPK:BUDZ) Total Assets Explanation

Total Assets is connected with ROA %.

Weed'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 )
	=	-0.684	/	( (0.904	+	0.704)	/ 2 )
	=	-0.684	/	0.804
	=	-85.07 %

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.

Weed'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 )
=	0	/	( (0.904	+	0.704)	/ 2 )
=	0	/	0.804
=	0.00

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.

Weed Total Assets Related Terms

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Weed (BUDZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Weed Inc (OTCPK:BUDZ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4920 North Post Trail, Tucson, AZ, USA, 85750

Website

https://www.weedincusa.com

Weed Inc is working on or planning for several different business opportunities in the cannabis and hemp field, including, but not limited to both indoor and outdoor grows, cultivations, and harvest for research, product development, processing, and manufacturing of both Pharma and non-Pharma products, services, therapeutics, and treatments on a global basis for both the Medical Cannabis and Hemp global market space.

Executives

Nicole M Breen	director, 10 percent owner, officer: Secretary/Treasurer	4920 N. POST TRAIL, TUCSON AZ 85750
Elliot Kwestel	director	5 AUERBACH LANE, LAWRENCE NY 11559
Lawrence G Dykers	director	11924 N CENTAURUS PLACE, ORO VALLEY AZ 85737
Glynn A Burkhardt	director, 10 percent owner, officer: Senior Vice President	3400 E. SPEEDWAY BLVD., SUITE 118-300, TUCSON AZ 85716
Roger Mccaslin	director	11924 N. CENTAURUS PLACE, ORO VALLEY AZ 85737
Glenn E. Martin	director, 10 percent owner, officer: President and Chairman of BOD	4920 N. POST TRAIL, TUCSON AZ 85750
Robert A Metz	director, officer: Vice President	3400 E. SPEEDWAY BLVD., SUITE 118-300, TUCSON AZ 85716
Robert A Leitzman	director, officer: CFO, CAO and V.P.	3400 E. SPEEDWAY BLVD., SUITE 118-300, TUCSON AZ 85716
Glynn A. Burkhardt	director, 10 percent owner, officer: Senior V.P.	11924 N. CENTAURUS PLACE, ORO VALLEY AZ 85737
Donald J Steinberg	director, officer: Former Officer and Director	3223 SUMAC ROAD, FALLBROOK CA 92028