Banco de Venezuela (CAR:BVL) Total Assets: VES243,883 Mil (As of Dec. 2013)


What is Banco de Venezuela Total Assets?

Banco de Venezuela CAR:BVL -10.81% Total Assets is VES243,883 Mil as of Dec. 2013.

Banco de Venezuela's Total Assets for the quarter that ended in Dec. 2013 was VES243,883 Mil.

Total Assets is connected with ROA %. Banco de Venezuela's annualized ROA % for the quarter that ended in Dec. 2013 was 5.12%. Total Assets is also linked to Revenue through Asset Turnover. Banco de Venezuela's Asset Turnover for the quarter that ended in Dec. 2013 was 0.05.

Banco de Venezuela  (CAR:BVL) Total Assets Explanation

Total Assets is connected with ROA %.

Banco de Venezuela's annualized ROA % for the quarter that ended in Dec. 2013 is

ROA %=Net Income (Q: Dec. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=10565.814/( (168516.378+243883.065)/ 2 )
=10565.814/206199.7215
=5.12 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2013) 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.

Banco de Venezuela's Asset Turnover for the quarter that ended in Dec. 2013 is

Asset Turnover
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=10093.431/( (168516.378+243883.065)/ 2 )
=10093.431/206199.7215
=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.

Banco de Venezuela Total Assets Related Terms

Banco de Venezuela Total Assets Historical Data

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The historical data trend for Banco de Venezuela'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.

Banco de Venezuela Total Assets Chart

Banco de Venezuela Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Total Assets
53,377.78 88,627.67 141,906.45 243,883.07

Banco de Venezuela Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Total Assets Get a 7-Day Free Trial 88,627.67 111,935.28 141,906.45 168,516.38 243,883.07

Banco de Venezuela 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.

Banco de Venezuela's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (A: Dec. 2013 )+Total Liabilities (A: Dec. 2013 )
=14766.085+229116.98
=243,883

Banco de Venezuela's Total Assets for the quarter that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (Q: Dec. 2013 )+Total Liabilities (Q: Dec. 2013 )
=14766.085+229116.98
=243,883

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of VES243,883 Mil mean?
Banco de Venezuela (CAR:BVL) has a Total Assets of VES243,883 Mil as of Dec. 2013. The total amount of assets as recorded on a company's balance sheet. View historical data on Banco de Venezuela and its competitors.
Is Banco de Venezuela's Total Assets too high?
Banco de Venezuela's current Total Assets is VES243,883 Mil.
How does Banco de Venezuela's Total Assets compare to ARST?
Banco de Venezuela's Total Assets of VES243,883 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Banks company?
A good Total Assets depends on the Banks industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Banco de Venezuela and its competitors. Banco de Venezuela's current Total Assets is VES243,883 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco de Venezuela stock overvalued right now?
Banco de Venezuela (CAR:BVL) has a current Total Assets of VES243,883 Mil. The current Total Assets is VES243,883 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Banco de Venezuela (CAR:BVL), the current Total Assets is VES243,883 Mil as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco de Venezuela Business Description

Address Av University in Society Traposos, Torre Banco de Venezuela, Caracas, VEN
Banco de Venezuela SA is engaged in financial intermediation services consisting of raising funds for the purpose of granting credit or loans, and other financial operations and services. The bank maintains currency and savings and foreign currency account which includes global accounts, paid global accounts, digital key accounts among others.