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Octopus Eclipse VCT 2 (LSE:OEC2) Total Assets : £10.13 Mil (As of Jul. 2012)


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What is Octopus Eclipse VCT 2 Total Assets?

Octopus Eclipse VCT 2's Total Assets for the quarter that ended in Jul. 2012 was £10.13 Mil.

Total Assets is connected with ROA %. Octopus Eclipse VCT 2's annualized ROA % for the quarter that ended in Jul. 2012 was -1.54%. Total Assets is also linked to Revenue through Asset Turnover. Octopus Eclipse VCT 2's Asset Turnover for the quarter that ended in Jul. 2012 was 0.00.


Octopus Eclipse VCT 2 Total Assets Historical Data

The historical data trend for Octopus Eclipse VCT 2'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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Octopus Eclipse VCT 2 Total Assets Chart

Octopus Eclipse VCT 2 Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12
Total Assets
Get a 7-Day Free Trial 21.53 13.59 15.54 13.95 10.66

Octopus Eclipse VCT 2 Semi-Annual Data
Jul05 Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12
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 14.94 13.95 12.77 10.66 10.13

Octopus Eclipse VCT 2 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.

Octopus Eclipse VCT 2's Total Assets for the fiscal year that ended in Jan. 2012 is calculated as

Total Assets=Total Equity (A: Jan. 2012 )+Total Liabilities (A: Jan. 2012 )
=10.435+0.227
=10.66

Octopus Eclipse VCT 2's Total Assets for the quarter that ended in Jul. 2012 is calculated as

Total Assets=Total Equity (Q: Jul. 2012 )+Total Liabilities (Q: Jul. 2012 )
=9.935+0.194
=10.13

* 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.


Octopus Eclipse VCT 2  (LSE:OEC2) Total Assets Explanation

Total Assets is connected with ROA %.

Octopus Eclipse VCT 2's annualized ROA % for the quarter that ended in Jul. 2012 is

ROA %=Net Income (Q: Jul. 2012 )/( (Total Assets (Q: Jan. 2012 )+Total Assets (Q: Jul. 2012 ))/ count )
=-0.16/( (10.662+10.129)/ 2 )
=-0.16/10.3955
=-1.54 %

Note: The Net Income data used here is two times the semi-annual (Jul. 2012) 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.

Octopus Eclipse VCT 2's Asset Turnover for the quarter that ended in Jul. 2012 is

Asset Turnover
=Revenue (Q: Jul. 2012 )/( (Total Assets (Q: Jan. 2012 )+Total Assets (Q: Jul. 2012 ))/ count )
=0/( (10.662+10.129)/ 2 )
=0/10.3955
=0.00

* 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.

Octopus Eclipse VCT 2 Total Assets Related Terms

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Octopus Eclipse VCT 2 (LSE:OEC2) Business Description

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Octopus Eclipse VCT 2 PLC is a venture capital trust which aims to provide shareholders with attractive tax-free dividends and long-term capital growth, by investing in a diverse portfolio of unquoted and AIM-quoted companies.

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