GPO Plus (GPO Plus) Total Assets : $1.24 Mil (As of Jan. 2024)

View and export this data going back to 2017. Start your Free Trial

What is GPO Plus Total Assets?

GPO Plus's Total Assets for the quarter that ended in Jan. 2024 was $1.24 Mil.

During the past 12 months, GPO Plus's average Total Assets Growth Rate was 155.80% per year. During the past 3 years, the average Total Assets Growth Rate was 222.20% per year.

During the past 8 years, GPO Plus's highest 3-Year average Total Assets Growth Rate was 222.20%. The lowest was 47.40%. And the median was 182.50%.

Total Assets is connected with ROA %. GPO Plus's annualized ROA % for the quarter that ended in Jan. 2024 was -346.16%. Total Assets is also linked to Revenue through Asset Turnover. GPO Plus's Asset Turnover for the quarter that ended in Jan. 2024 was 1.07.

GPO Plus Total Assets Historical Data

The historical data trend for GPO Plus'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.

GPO Plus Total Assets Chart

GPO Plus Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Assets

Get a 7-Day Free Trial

0.02

0.03

0.45

0.59

GPO Plus Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															0.55	0.59	0.79	0.80	1.24

GPO Plus 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.

GPO Plus's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Assets	=	Total Equity (A: Apr. 2023 )	+	Total Liabilities (A: Apr. 2023 )
	=	-3.863	+	4.453
	=	0.59

GPO Plus'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 )
	=	-5.736	+	6.977
	=	1.24

GPO Plus (OTCPK:GPOX) Total Assets Explanation

Total Assets is connected with ROA %.

GPO Plus'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 )
	=	-3.536	/	( (0.802	+	1.241)	/ 2 )
	=	-3.536	/	1.0215
	=	-346.16 %

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.

GPO Plus'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 )
=	1.09	/	( (0.802	+	1.241)	/ 2 )
=	1.09	/	1.0215
=	1.07

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.

GPO Plus Total Assets Related Terms

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

GPO Plus (GPO Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GPO Plus Inc (OTCPK:GPOX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3571 E. Sunset Road, Suite 300, Las Vegas, NV, USA, 89120

Website

https://www.gpoplus.com

GPO Plus Inc is a fully reporting global holding company of industry-specific Group Purchasing Organizations (GPO). The company's main holdings are HealthGPO, a Group Purchasing Organization for the Healthcare industry, and cbdGPO, a Group Purchasing Organization for the CBD and Hemp industry. In addition, GPOPlus+ offers professional services through GPOPRO Services. The Company's business is organized around four key areas which are products (developing and manufacturing), distribution (getting our products to customers), marketing (promoting our products), and sales (selling our products to consumers and retailers).