Wealthcraft Capital (Wealthcraft Capital) Total Assets : $0.40 Mil (As of Sep. 2023)

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What is Wealthcraft Capital Total Assets?

Wealthcraft Capital's Total Assets for the quarter that ended in Sep. 2023 was $0.40 Mil.

Total Assets is connected with ROA %. Wealthcraft Capital's annualized ROA % for the quarter that ended in Sep. 2023 was -0.96%. Total Assets is also linked to Revenue through Asset Turnover. Wealthcraft Capital's Asset Turnover for the quarter that ended in Sep. 2023 was 1.00.

Wealthcraft Capital Total Assets Historical Data

The historical data trend for Wealthcraft Capital'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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Wealthcraft Capital Total Assets Chart

Wealthcraft Capital Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Total Assets

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1.34

0.81

0.74

Wealthcraft Capital Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Sep15	Mar16	Jun16	Sep16	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															-	-	-	0.43	0.40

Wealthcraft Capital 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.

Wealthcraft Capital's Total Assets for the fiscal year that ended in Dec. 2008 is calculated as

Total Assets	=	Total Equity (A: Dec. 2008 )	+	Total Liabilities (A: Dec. 2008 )
	=	-1.023	+	1.766
	=	0.74

Wealthcraft Capital's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-1	+	1.402
	=	0.40

Wealthcraft Capital (OTCPK:WCCP) Total Assets Explanation

Total Assets is connected with ROA %.

Wealthcraft Capital's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-0.004	/	( (0.43	+	0.402)	/ 2 )
	=	-0.004	/	0.416
	=	-0.96 %

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

Wealthcraft Capital's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0.415	/	( (0.43	+	0.402)	/ 2 )
=	0.415	/	0.416
=	1.00

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.

Wealthcraft Capital Total Assets Related Terms

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Wealthcraft Capital (Wealthcraft Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wealthcraft Capital Inc (OTCPK:WCCP) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 South Park Avenue, Suite 818, Pomona, CA, USA, 91766

Website

https://www.wealthcraftcapital.com

Wealthcraft Capital Inc operates through its subsidiary which is engaged in providing security services for commercial, retail, and industrial customers, with customized services and special patrol methods applicable to the cannabis industry.

Executives

Li Jenny Xiao Zhen	officer: CFO	ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Hulleman Curtis Cornelius	director, 10 percent owner, officer: Director and CIO	ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Tallas Kelly Jay Michael	director, 10 percent owner, officer: President & CEO	ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR

Wealthcraft Capital (Wealthcraft Capital) Headlines

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