Vanadiumcorp Resource (TSXV:VRB) Total Assets : C$9.05 Mil (As of Jan. 2024)

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What is Vanadiumcorp Resource Total Assets?

Vanadiumcorp Resource's Total Assets for the quarter that ended in Jan. 2024 was C$9.05 Mil.

During the past 12 months, Vanadiumcorp Resource's average Total Assets Growth Rate was 35.30% per year. During the past 3 years, the average Total Assets Growth Rate was 11.80% per year. During the past 5 years, the average Total Assets Growth Rate was 15.40% per year. During the past 10 years, the average Total Assets Growth Rate was 11.00% per year.

During the past 13 years, Vanadiumcorp Resource's highest 3-Year average Total Assets Growth Rate was 32.60%. The lowest was -17.30%. And the median was 3.05%.

Total Assets is connected with ROA %. Vanadiumcorp Resource's annualized ROA % for the quarter that ended in Jan. 2024 was -11.11%. Total Assets is also linked to Revenue through Asset Turnover. Vanadiumcorp Resource's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Vanadiumcorp Resource Total Assets Historical Data

The historical data trend for Vanadiumcorp Resource'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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Vanadiumcorp Resource Total Assets Chart

Vanadiumcorp Resource Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

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5.85

6.38

6.35

7.08

8.82

Vanadiumcorp Resource Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															6.96	7.42	7.45	8.82	9.05

Vanadiumcorp Resource 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.

Vanadiumcorp Resource's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	7.14	+	1.675
	=	8.82

Vanadiumcorp Resource's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	7.744	+	1.305
	=	9.05

Vanadiumcorp Resource (TSXV:VRB) Total Assets Explanation

Total Assets is connected with ROA %.

Vanadiumcorp Resource's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-0.992	/	( (8.815	+	9.049)	/ 2 )
	=	-0.992	/	8.932
	=	-11.11 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) 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.

Vanadiumcorp Resource's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0	/	( (8.815	+	9.049)	/ 2 )
=	0	/	8.932
=	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.

Vanadiumcorp Resource Total Assets Related Terms

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Vanadiumcorp Resource (TSXV:VRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vanadiumcorp Resource Inc (TSXV:VRB) » Definitions » Total Assets

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VRBFF:USA NWNA:Germany

Address

303-5455 West Boulevard, Vancouver, BC, CAN, V6M 3W5

Website

https://www.vanadiumcorp.com

Vanadiumcorp Resource Inc is engaged in the exploration and development of mineral properties in Canada. It is also involved in the development of vanadium redox flow battery technology in Germany. The company's primary focus is on the Lac Dore and Iron-T Properties in Quebec which is prospective for vanadium, titanium, and iron.

Vanadiumcorp Resource (TSXV:VRB) Headlines

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