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Foresight 2 VCT (LSE:FTNI) Total Assets : £28.40 Mil (As of Mar. 2015)


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What is Foresight 2 VCT Total Assets?

Foresight 2 VCT's Total Assets for the quarter that ended in Mar. 2015 was £28.40 Mil.

Total Assets is connected with ROA %. Foresight 2 VCT's annualized ROA % for the quarter that ended in Mar. 2015 was 1.76%. Total Assets is also linked to Revenue through Asset Turnover. Foresight 2 VCT's Asset Turnover for the quarter that ended in Mar. 2015 was 0.01.


Foresight 2 VCT Total Assets Historical Data

The historical data trend for Foresight 2 VCT'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.

Foresight 2 VCT Total Assets Chart

Foresight 2 VCT Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.18 21.04 18.69 35.09 28.20

Foresight 2 VCT Semi-Annual Data
Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15
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 35.75 35.09 32.51 28.20 28.40

Foresight 2 VCT 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.

Foresight 2 VCT's Total Assets for the fiscal year that ended in Sep. 2014 is calculated as

Total Assets=Total Equity (A: Sep. 2014 )+Total Liabilities (A: Sep. 2014 )
=27.596+0.599
=28.20

Foresight 2 VCT's Total Assets for the quarter that ended in Mar. 2015 is calculated as

Total Assets=Total Equity (Q: Mar. 2015 )+Total Liabilities (Q: Mar. 2015 )
=27.836+0.561
=28.40

* 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.


Foresight 2 VCT  (LSE:FTNI) Total Assets Explanation

Total Assets is connected with ROA %.

Foresight 2 VCT's annualized ROA % for the quarter that ended in Mar. 2015 is

ROA %=Net Income (Q: Mar. 2015 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=0.498/( (28.195+28.397)/ 2 )
=0.498/28.296
=1.76 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2015) 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.

Foresight 2 VCT's Asset Turnover for the quarter that ended in Mar. 2015 is

Asset Turnover
=Revenue (Q: Mar. 2015 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=0.407/( (28.195+28.397)/ 2 )
=0.407/28.296
=0.01

* 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.

Foresight 2 VCT Total Assets Related Terms

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Foresight 2 VCT (LSE:FTNI) Business Description

Traded in Other Exchanges
N/A
Address
The Shard 32, 32 London Bridge Street, London, Kent, GBR, SE1 9SG
Foresight 2 VCT PLC is a venture capital company. The Company's investment objective is to provide private investors with attractive returns by investing in range of securities including ordinary and preference shares, loan stock as well as cash. Foresight Group is the manager of the Company and provides investment management and other administrative services.

Foresight 2 VCT (LSE:FTNI) Headlines

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