GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Blue Water Ventures International Inc (OTCPK:BWVI) » Definitions » Total Assets

Blue Water Ventures International (Blue Water Ventures International) Total Assets : $1.96 Mil (As of Mar. 2012)


View and export this data going back to 2007. Start your Free Trial

What is Blue Water Ventures International Total Assets?

Blue Water Ventures International's Total Assets for the quarter that ended in Mar. 2012 was $1.96 Mil.

Total Assets is connected with ROA %. Blue Water Ventures International's annualized ROA % for the quarter that ended in Mar. 2012 was 24.73%. Total Assets is also linked to Revenue through Asset Turnover. Blue Water Ventures International's Asset Turnover for the quarter that ended in Mar. 2012 was 0.17.


Blue Water Ventures International Total Assets Historical Data

The historical data trend for Blue Water Ventures International'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.

Blue Water Ventures International Total Assets Chart

Blue Water Ventures International Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Assets
Get a 7-Day Free Trial 3.85 2.92 2.33 1.72 1.80

Blue Water Ventures International Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 1.71 1.77 1.70 1.80 1.96

Blue Water Ventures International 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.

Blue Water Ventures International's Total Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Assets=Total Equity (A: Dec. 2011 )+Total Liabilities (A: Dec. 2011 )
=0.322+1.475
=1.80

Blue Water Ventures International's Total Assets for the quarter that ended in Mar. 2012 is calculated as

Total Assets=Total Equity (Q: Mar. 2012 )+Total Liabilities (Q: Mar. 2012 )
=0.439+1.516
=1.96

* 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.


Blue Water Ventures International  (OTCPK:BWVI) Total Assets Explanation

Total Assets is connected with ROA %.

Blue Water Ventures International's annualized ROA % for the quarter that ended in Mar. 2012 is

ROA %=Net Income (Q: Mar. 2012 )/( (Total Assets (Q: Dec. 2011 )+Total Assets (Q: Mar. 2012 ))/ count )
=0.464/( (1.797+1.956)/ 2 )
=0.464/1.8765
=24.73 %

Note: The Net Income data used here is four times the quarterly (Mar. 2012) 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.

Blue Water Ventures International's Asset Turnover for the quarter that ended in Mar. 2012 is

Asset Turnover
=Revenue (Q: Mar. 2012 )/( (Total Assets (Q: Dec. 2011 )+Total Assets (Q: Mar. 2012 ))/ count )
=0.319/( (1.797+1.956)/ 2 )
=0.319/1.8765
=0.17

* 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.

Blue Water Ventures International Total Assets Related Terms

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


Blue Water Ventures International (Blue Water Ventures International) Business Description

Traded in Other Exchanges
N/A
Address
515 E. Las Olas Boulevard, Suite 120, Fort Lauderdale, FL, USA, 33301
Blue Water Ventures International Inc, through its subsidiary, is engaged in the archaeologically sensitive exploration, discovery and recovery of historical cultural artifacts, intrinsically valuable cargo and treasure from ocean shipwrecks. The company designs treasure and nautical-themed jewelry and re-creations with the part of treasure and artifacts that it has recovered in it. It also leases its crew and vessels to other entities involved in discovery and recovery from ocean shipwrecks. The firm markets its treasure and artifacts through auction houses, websites, retail and distribution outlets, and directly to the public.