Vanadian Energy (Vanadian Energy) Total Assets

: $0.02 Mil (As of Jan. 2024)

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Vanadian Energy's Total Assets for the quarter that ended in Jan. 2024 was $0.02 Mil.

During the past 12 months, Vanadian Energy's average Total Assets Growth Rate was -99.50% per year. During the past 3 years, the average Total Assets Growth Rate was -83.20% per year. During the past 5 years, the average Total Assets Growth Rate was -58.40% per year. During the past 10 years, the average Total Assets Growth Rate was -33.80% per year.

During the past 13 years, Vanadian Energy's highest 3-Year average Total Assets Growth Rate was 1593.30%. The lowest was -83.20%. And the median was -13.50%.

Total Assets is connected with ROA %. Vanadian Energy's annualized ROA % for the quarter that ended in Jan. 2024 was -1,139.39%. Total Assets is also linked to Revenue through Asset Turnover. Vanadian Energy's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Vanadian Energy Total Assets Historical Data

The historical data trend for Vanadian Energy'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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Vanadian Energy Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

0.52

0.48

0.51

0.50

Vanadian Energy Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets																0.47	0.47	-	0.02	0.02

Vanadian Energy 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.

Vanadian Energy's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	-1.115	+	1.119
	=	0.00

Vanadian Energy'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 )
	=	-1.175	+	1.19
	=	0.01

Vanadian Energy (OTCPK:URCFF) Total Assets Explanation

Total Assets is connected with ROA %.

Vanadian Energy'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 )
	=	-0.188	/	( (0.018	+	0.015)	/ 2 )
	=	-0.188	/	0.0165
	=	-1,139.39 %

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.

Vanadian Energy'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	/	( (0.018	+	0.015)	/ 2 )
=	0	/	0.0165
=	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.

Vanadian Energy Total Assets Related Terms

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Vanadian Energy (Vanadian Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vanadian Energy Corp (OTCPK:URCFF) » Definitions » Total Assets

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VEC.H:Canada

Address

595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1

Website

https://www.vanadianenergy.com

Vanadian Energy Corp is a Canadian-based exploration company focused on exploring vanadium deposits in Manitoba. It is exploring its Saskatchewan property which is the Clearwater Project. the company holds three claim blocks in the Pipewrench Lake and Narrows Lake areas in Saskatchewan. it holds an interest in Huzyk Creek Vanadium Property and Quebec properties.

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