Octopus Future Generations VCT (LSE:OFG) Total Assets : £47.17 Mil (As of Dec. 2023)

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What is Octopus Future Generations VCT Total Assets?

Octopus Future Generations VCT's Total Assets for the quarter that ended in Dec. 2023 was £47.17 Mil.

During the past 12 months, Octopus Future Generations VCT's average Total Assets Growth Rate was 57.50% per year.

Total Assets is connected with ROA %. Octopus Future Generations VCT's annualized ROA % for the quarter that ended in Dec. 2023 was -1.43%. Total Assets is also linked to Revenue through Asset Turnover. Octopus Future Generations VCT's Asset Turnover for the quarter that ended in Dec. 2023 was -0.00.

Octopus Future Generations VCT Total Assets Historical Data

The historical data trend for Octopus Future Generations 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.

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Octopus Future Generations VCT Total Assets Chart

Octopus Future Generations VCT Annual Data

Trend

Jun22

Jun23

Total Assets

33.46

45.94

Octopus Future Generations VCT Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Total Assets	33.46	39.32	45.94	47.17

Octopus Future Generations 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.

Octopus Future Generations VCT's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	45.418	+	0.518
	=	45.94

Octopus Future Generations VCT'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 )
	=	46.997	+	0.177
	=	47.17

Octopus Future Generations VCT (LSE:OFG) Total Assets Explanation

Total Assets is connected with ROA %.

Octopus Future Generations VCT's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.668	/	( (45.936	+	47.174)	/ 2 )
	=	-0.668	/	46.555
	=	-1.43 %

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

Octopus Future Generations VCT's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	-0.088	/	( (45.936	+	47.174)	/ 2 )
=	-0.088	/	46.555
=	-0.00

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 Future Generations VCT Total Assets Related Terms

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Octopus Future Generations VCT (LSE:OFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Octopus Future Generations VCT PLC (LSE:OFG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Holborn, 6th Floor, London, GBR, EC1N 2HT

Website

https://www.octopusinvestments.com

Octopus Future Generations VCT PLC is a manager of alternative investments and is engaged in investing in a diversified portfolio of UK smaller companies in order to generate capital growth over the long term as well as an attractive tax-free dividend stream.