Ayr Wellness (XCNQ:AYR.A) Total Assets : C$1,994.1 Mil (As of Mar. 2024)

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What is Ayr Wellness Total Assets?

Ayr Wellness's Total Assets for the quarter that ended in Mar. 2024 was C$1,994.1 Mil.

Warning Sign:

If a company builds assets at 73.7% a year, faster than its revenue growth rate of 65.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Ayr Wellness's average Total Assets Growth Rate was -2.40% per year. During the past 3 years, the average Total Assets Growth Rate was 50.00% per year. During the past 5 years, the average Total Assets Growth Rate was 73.70% per year.

During the past 6 years, Ayr Wellness's highest 3-Year average Total Assets Growth Rate was 151.50%. The lowest was 50.00%. And the median was 71.40%.

Total Assets is connected with ROA %. Ayr Wellness's annualized ROA % for the quarter that ended in Mar. 2024 was -29.06%. Total Assets is also linked to Revenue through Asset Turnover. Ayr Wellness's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Ayr Wellness Total Assets Historical Data

The historical data trend for Ayr Wellness'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.

Ayr Wellness Total Assets Chart

Ayr Wellness Annual Data

Trend

Sep18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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467.63

723.61

2,380.69

2,401.52

1,958.54

Ayr Wellness 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															2,075.94	1,953.28	2,008.16	1,958.54	1,994.13

Ayr Wellness 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.

Ayr Wellness'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 )
	=	765.587	+	1192.955
	=	1,958.5

Ayr Wellness'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 )
	=	821.461	+	1172.674
	=	1,994.1

Ayr Wellness (XCNQ:AYR.A) Total Assets Explanation

Total Assets is connected with ROA %.

Ayr Wellness'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 )
	=	-574.332	/	( (1958.541	+	1994.134)	/ 2 )
	=	-574.332	/	1976.3375
	=	-29.06 %

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.

Ayr Wellness'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 )
=	159.779	/	( (1958.541	+	1994.134)	/ 2 )
=	159.779	/	1976.3375
=	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.

Ayr Wellness Total Assets Related Terms

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Ayr Wellness (XCNQ:AYR.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ayr Wellness Inc (XCNQ:AYR.A) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AYRWF:USA 3KJB:Germany

Address

2601 South Bayshore Drive, Suite 900, Miami, FL, USA, 33133

Website

https://www.ayrwellness.com

Ayr Wellness Inc is a vertically integrated, U.S. multi-state cannabis operator, focused on delivering quality cannabis products and customer experience throughout its footprint. The company is focused on superior cultivation to grow superior branded cannabis products.

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