Organic Agricultural Co (Organic Agricultural Co) Total Assets : $0.56 Mil (As of Dec. 2023)

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What is Organic Agricultural Co Total Assets?

Organic Agricultural Co's Total Assets for the quarter that ended in Dec. 2023 was $0.56 Mil.

During the past 12 months, Organic Agricultural Co's average Total Assets Growth Rate was 137.70% per year. During the past 3 years, the average Total Assets Growth Rate was -58.80% per year. During the past 5 years, the average Total Assets Growth Rate was -35.80% per year.

During the past 6 years, Organic Agricultural Co's highest 3-Year average Total Assets Growth Rate was -27.10%. The lowest was -58.80%. And the median was -50.60%.

Total Assets is connected with ROA %. Organic Agricultural Co's annualized ROA % for the quarter that ended in Dec. 2023 was 84.21%. Total Assets is also linked to Revenue through Asset Turnover. Organic Agricultural Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.55.

Organic Agricultural Co Total Assets Historical Data

The historical data trend for Organic Agricultural Co'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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Organic Agricultural Co Total Assets Chart

Organic Agricultural Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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0.95

2.94

0.23

0.77

0.24

Organic Agricultural Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															0.30	0.24	0.25	0.52	0.56

Organic Agricultural Co 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.

Organic Agricultural Co's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	0.023	+	0.214
	=	0.24

Organic Agricultural Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	0.363	+	0.201
	=	0.56

Organic Agricultural Co (OTCPK:OGAA) Total Assets Explanation

Total Assets is connected with ROA %.

Organic Agricultural Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0.456	/	( (0.519	+	0.564)	/ 2 )
	=	0.456	/	0.5415
	=	84.21 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Organic Agricultural Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.297	/	( (0.519	+	0.564)	/ 2 )
=	0.297	/	0.5415
=	0.55

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.

Organic Agricultural Co Total Assets Related Terms

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Organic Agricultural Co (Organic Agricultural Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Organic Agricultural Co Ltd (OTCPK:OGAA) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

High and New Technology Industrial Development District, Room G504 G506 G509 G510, Building No. 3, Kejichuangxincheng Chuangxinchuangye Plaza, Heilongjiang Province, Harbin, CHN, 150090

Website

http://www.oacl.top

Organic Agricultural Co Ltd is engaged in manufacturing of agricultural products, rice, and other related products. The Company sells paddy and selenium-enriched paddy products, rice and other agricultural products. Geographically, the firm generates a majority of its revenue from the People's Republic of China.

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