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VCVVF (Vatic Ventures) Total Assets : $2.04 Mil (As of Nov. 2024)


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What is Vatic Ventures Total Assets?

Vatic Ventures's Total Assets for the quarter that ended in Nov. 2024 was $2.04 Mil.

During the past 12 months, Vatic Ventures's average Total Assets Growth Rate was 18.30% per year. During the past 3 years, the average Total Assets Growth Rate was 556.30% per year. During the past 5 years, the average Total Assets Growth Rate was 150.90% per year. During the past 10 years, the average Total Assets Growth Rate was 22.30% per year.

During the past 13 years, Vatic Ventures's highest 3-Year average Total Assets Growth Rate was 594.20%. The lowest was -81.70%. And the median was 54.60%.

Total Assets is connected with ROA %. Vatic Ventures's annualized ROA % for the quarter that ended in Nov. 2024 was -10.48%. Total Assets is also linked to Revenue through Asset Turnover. Vatic Ventures's Asset Turnover for the quarter that ended in Nov. 2024 was 0.00.

Vatic Ventures Total Assets Historical Data

The historical data trend for Vatic 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.

Vatic Ventures Total Assets Chart

Vatic Ventures Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.13 1.77 1.68

Vatic Ventures Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 Aug24 Nov24
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 1.79 1.79 1.68 2.16 2.04

Vatic 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.

Vatic Ventures's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (A: Feb. 2024 )+Total Liabilities (A: Feb. 2024 )
=0.69+0.988
=1.68

Vatic Ventures's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets=Total Equity (Q: Nov. 2024 )+Total Liabilities (Q: Nov. 2024 )
=1.058+0.981
=2.04

* 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.

Vatic Ventures  (OTCPK:VCVVF) Total Assets Explanation

Total Assets is connected with ROA %.

Vatic Ventures's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %=Net Income (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=-0.22/( (2.16+2.039)/ 2 )
=-0.22/2.0995
=-10.48 %

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

Vatic Ventures's Asset Turnover for the quarter that ended in Nov. 2024 is

Asset Turnover
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=0/( (2.16+2.039)/ 2 )
=0/2.0995
=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.

Vatic Ventures Total Assets Related Terms

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Vatic Ventures Business Description

Industry
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Traded in Other Exchanges
VCV:Canada
Address
1400 - 1040 West Georgia Street, Vancouver, BC, CAN, V6E 4H1
Website
https://www.vaticventures.com
Vatic Ventures Corp is a junior resource exploration company that is involved in the acquisition and exploration of mineral properties.