VAR Resources (TSXV:VAR) Total Assets : C$0.57 Mil (As of Jul. 2022)

VAR Resources Total Assets Chart

VAR Resources Annual Data
	Trend	Oct12	Oct13	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21
Total Assets		Get a 7-Day Free Trial					0.18	0.05	0.01	0.01	0.52

VAR Resources Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22
Total Assets	Get a 7-Day Free Trial															0.53	0.52	0.50	0.49	0.57

VAR Resources 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.

VAR Resources's Total Assets for the fiscal year that ended in Oct. 2021 is calculated as

VAR Resources's Total Assets for the quarter that ended in Jul. 2022 is calculated as

* 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.

VAR Resources  (TSXV:VAR) Total Assets Explanation

Total Assets is connected with ROA %.

VAR Resources's annualized ROA % for the quarter that ended in Jul. 2022 is

Note: The Net Income data used here is four times the quarterly (Jul. 2022) 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.

VAR Resources's Asset Turnover for the quarter that ended in Jul. 2022 is

* 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.

VAR Resources Total Assets Related Terms

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VAR Resources (TSXV:VAR) Business Description