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ATVK (Ameritek Ventures) Total Assets : $7.19 Mil (As of Dec. 2024)


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What is Ameritek Ventures Total Assets?

Ameritek Ventures's Total Assets for the quarter that ended in Dec. 2024 was $7.19 Mil.

During the past 12 months, Ameritek Ventures's average Total Assets Growth Rate was 89.60% per year. During the past 3 years, the average Total Assets Growth Rate was 720.70% per year.

During the past 11 years, Ameritek Ventures's highest 3-Year average Total Assets Growth Rate was 720.70%. The lowest was -63.30%. And the median was 172.80%.

Total Assets is connected with ROA %. Ameritek Ventures's annualized ROA % for the quarter that ended in Dec. 2024 was 321.02%. Total Assets is also linked to Revenue through Asset Turnover. Ameritek Ventures's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.


Ameritek Ventures Total Assets Historical Data

The historical data trend for Ameritek 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.

Ameritek Ventures Total Assets Chart

Ameritek Ventures Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 4.08 3.80 7.19

Ameritek Ventures Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.80 3.78 3.70 3.77 7.19

Ameritek 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.

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

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=4.708+2.478
=7.19

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

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=4.708+2.478
=7.19

* 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.


Ameritek Ventures  (OTCPK:ATVK) Total Assets Explanation

Total Assets is connected with ROA %.

Ameritek Ventures's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=17.576/( (3.765+7.185)/ 2 )
=17.576/5.475
=321.02 %

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

Ameritek Ventures's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (3.765+7.185)/ 2 )
=0/5.475
=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.

Ameritek Ventures Total Assets Related Terms

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Ameritek Ventures Business Description

Traded in Other Exchanges
N/A
Address
325 North Milwaukee Avenue, Suite G1, Wheeling, IL, USA, 60090
Ameritek Ventures is a group of companies that provides various software and hardware products and services beneficial to businesses, organizations, and governments. The company have an established presence in the warehouse solutions market. With Interactive Systems, Inc. The company provides software inventory management and with interlinkONE, Inc. the company provide SaaS cloud-based solutions for warehouse and inventory fulfillment. The Firm manufactures and innovates advanced technological developments in the medical industry, such as the DittoMask high-filtration mask. The company also develops blockchain technology software programs under WebBeeO and CordTell companies.
Executives
Shaun Passley officer: Chairman, CEO and CFO 201 W. LAKE ST. 135, CH IL 60606

Ameritek Ventures Headlines