Juva Life (Juva Life) Total Assets : $19.95 Mil (As of Mar. 2023)

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What is Juva Life Total Assets?

Juva Life's Total Assets for the quarter that ended in Mar. 2023 was $19.95 Mil.

Total Assets is connected with ROA %. Juva Life's annualized ROA % for the quarter that ended in Mar. 2023 was -28.36%. Total Assets is also linked to Revenue through Asset Turnover. Juva Life's Asset Turnover for the quarter that ended in Mar. 2023 was 0.08.

Juva Life Total Assets Historical Data

The historical data trend for Juva Life'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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Juva Life Total Assets Chart

Juva Life Annual Data

Trend

Dec19

Dec20

Total Assets

6.62

15.59

Juva Life Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Mar23
Total Assets	Get a 7-Day Free Trial							19.24	19.41	24.11	21.43	19.95

Juva Life 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.

Juva Life's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (A: Dec. 2020 )	+	Total Liabilities (A: Dec. 2020 )
	=	6.703	+	8.888
	=	15.59

Juva Life's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	8.5	+	11.447
	=	19.95

Juva Life (OTCPK:JUVAF) Total Assets Explanation

Total Assets is connected with ROA %.

Juva Life's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	-5.868	/	( (21.43	+	19.946)	/ 2 )
	=	-5.868	/	20.688
	=	-28.36 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) 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.

Juva Life's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	1.725	/	( (21.43	+	19.946)	/ 2 )
=	1.725	/	20.688
=	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.

Juva Life Total Assets Related Terms

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Juva Life (Juva Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Juva Life Inc (OTCPK:JUVAF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

4VV:Germany JUVA:Canada

Address

885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8

Website

https://www.juvalife.com

Juva Life Inc business is to acquire, own, and operate various cannabis business in the state of California. The Company operates in two reportable segments i) the resale of merchandise and cannabis-derived products, and ii) cultivation and sale of trim and flowers.