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Grown Rogue International (XCNQ:GRIN) Total Assets : C$25.88 Mil (As of Apr. 2023)


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What is Grown Rogue International Total Assets?

Grown Rogue International's Total Assets for the quarter that ended in Apr. 2023 was C$25.88 Mil.

Total Assets is connected with ROA %. Grown Rogue International's annualized ROA % for the quarter that ended in Apr. 2023 was 8.72%. Total Assets is also linked to Revenue through Asset Turnover. Grown Rogue International's Asset Turnover for the quarter that ended in Apr. 2023 was 0.32.


Grown Rogue International Total Assets Historical Data

The historical data trend for Grown Rogue International'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.

Grown Rogue International Total Assets Chart

Grown Rogue International Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Oct19 Oct20 Oct21 Oct22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 3.87 4.98 17.67 22.41

Grown Rogue International Quarterly Data
May18 Aug18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Oct22 Jan23 Apr23 Oct23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 22.41 25.21 25.88 41.36

Grown Rogue International 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.

Grown Rogue International's Total Assets for the fiscal year that ended in Oct. 2022 is calculated as

Total Assets=Total Equity (A: Oct. 2022 )+Total Liabilities (A: Oct. 2022 )
=12.238+10.172
=22.41

Grown Rogue International's Total Assets for the quarter that ended in Apr. 2023 is calculated as

Total Assets=Total Equity (Q: Apr. 2023 )+Total Liabilities (Q: Apr. 2023 )
=13.608+12.268
=25.88

* 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.


Grown Rogue International  (XCNQ:GRIN) Total Assets Explanation

Total Assets is connected with ROA %.

Grown Rogue International's annualized ROA % for the quarter that ended in Apr. 2023 is

ROA %=Net Income (Q: Apr. 2023 )/( (Total Assets (Q: Jan. 2023 )+Total Assets (Q: Apr. 2023 ))/ count )
=2.228/( (25.208+25.876)/ 2 )
=2.228/25.542
=8.72 %

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

Grown Rogue International's Asset Turnover for the quarter that ended in Apr. 2023 is

Asset Turnover
=Revenue (Q: Apr. 2023 )/( (Total Assets (Q: Jan. 2023 )+Total Assets (Q: Apr. 2023 ))/ count )
=8.097/( (25.208+25.876)/ 2 )
=8.097/25.542
=0.32

* 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.

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.

Grown Rogue International Total Assets Related Terms

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Grown Rogue International (XCNQ:GRIN) Business Description

Traded in Other Exchanges
Address
550 Airport Road, Medford, OR, USA, 97504
Grown Rogue International Inc is a vertically-integrated, multi-state Cannabis family of brands. The company with indoor and outdoor manufacturing facilities and consumer insight-based product categorization creates innovative products. The firm's product portfolio consists of Jack Herer, Rogue Og, Mothers Milk, White Cookies, and Critical Jack among others.
Executives
Jakob Iotte Senior Officer

Grown Rogue International (XCNQ:GRIN) Headlines

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