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Optegra Ventures (TSXV:OPTG) Total Assets : C$1.39 Mil (As of Dec. 2023)


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What is Optegra Ventures Total Assets?

Optegra Ventures's Total Assets for the quarter that ended in Dec. 2023 was C$1.39 Mil.

During the past 12 months, Optegra Ventures's average Total Assets Growth Rate was -58.20% per year. During the past 3 years, the average Total Assets Growth Rate was 11.90% per year. During the past 5 years, the average Total Assets Growth Rate was 74.40% per year.

During the past 9 years, Optegra Ventures's highest 3-Year average Total Assets Growth Rate was 341.50%. The lowest was -43.50%. And the median was 31.35%.

Total Assets is connected with ROA %. Optegra Ventures's annualized ROA % for the quarter that ended in Dec. 2023 was -30.71%. Total Assets is also linked to Revenue through Asset Turnover. Optegra Ventures's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Optegra Ventures Total Assets Historical Data

The historical data trend for Optegra Ventures'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.

Optegra Ventures Total Assets Chart

Optegra Ventures Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only 0.08 3.87 3.84 3.74 1.35

Optegra Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.53 3.35 3.26 1.35 1.39

Optegra Ventures 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.

Optegra Ventures's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=0.958+0.387
=1.35

Optegra Ventures'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 )
=0.928+0.462
=1.39

* 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.


Optegra Ventures  (TSXV:OPTG) Total Assets Explanation

Total Assets is connected with ROA %.

Optegra Ventures's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.42/( (1.345+1.39)/ 2 )
=-0.42/1.3675
=-30.71 %

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

Optegra Ventures's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (1.345+1.39)/ 2 )
=0/1.3675
=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.

Optegra Ventures Total Assets Related Terms

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Optegra Ventures (TSXV:OPTG) Business Description

Traded in Other Exchanges
Address
3002 - 1211 Melville Street, Vancouver, BC, CAN, V6E 0A7
Optegra Ventures Inc Formerly Essex Minerals Inc is a Canada-based company engaged in exploration and evaluation business in two geographical areas, Canada and Australia.

Optegra Ventures (TSXV:OPTG) Headlines

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