GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Visionary Holdings Inc (NAS:GV) » Definitions » Total Assets

Visionary Holdings (Visionary Holdings) Total Assets : $91.60 Mil (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Visionary Holdings Total Assets?

Visionary Holdings's Total Assets for the quarter that ended in Sep. 2023 was $91.60 Mil.

During the past 12 months, Visionary Holdings's average Total Assets Growth Rate was -2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 130.50% per year.

During the past 4 years, Visionary Holdings's highest 3-Year average Total Assets Growth Rate was 130.50%. The lowest was 130.50%. And the median was 130.50%.

Total Assets is connected with ROA %. Visionary Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was 8.60%. Total Assets is also linked to Revenue through Asset Turnover. Visionary Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.05.

Visionary Holdings Total Assets Historical Data

The historical data trend for Visionary Holdings'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.

Visionary Holdings Total Assets Chart

Visionary Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Total Assets
7.91 13.67 36.23 96.20

Visionary Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Total Assets Get a 7-Day Free Trial 28.47 36.23 93.96 96.20 91.60

Visionary Holdings 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.

Visionary Holdings's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=12.719+83.483
=96.20

Visionary Holdings'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 )
=20.893+70.704
=91.60

* 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.

Visionary Holdings  (NAS:GV) Total Assets Explanation

Total Assets is connected with ROA %.

Visionary Holdings'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 )
=8.08/( (96.202+91.597)/ 2 )
=8.08/93.8995
=8.60 %

Note: The Net Income data used here is two times the semi-annual (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.

Visionary Holdings'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 )
=4.954/( (96.202+91.597)/ 2 )
=4.954/93.8995
=0.05

* 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.

Visionary Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of Visionary Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Visionary Holdings (Visionary Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Visionary Holdings Inc (NAS:GV) » Definitions » Total Assets
Comparable Companies
LEAI CLEU WAFU BTCT GSUN EEIQ AMBO ASPU QOEG GEHI AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
105 Moatfield Drive, Unit 1003, Toronto, ON, CAN, M3B 0A2
Website
https://www.visiongroupca.com
Visionary Education Technology Holdings Group Inc engaged in education related businesses, which includes high school education programs, real estate development, vocational education, online education and other education-related consulting services.