Clearwater Ventures (Clearwater Ventures) Total Assets : $0.01 Mil (As of Aug. 2015)

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What is Clearwater Ventures Total Assets?

Clearwater Ventures's Total Assets for the quarter that ended in Aug. 2015 was $0.01 Mil.

Total Assets is connected with ROA %. Clearwater Ventures's annualized ROA % for the quarter that ended in Aug. 2015 was -266.67%. Total Assets is also linked to Revenue through Asset Turnover. Clearwater Ventures's Asset Turnover for the quarter that ended in Aug. 2015 was 0.00.

Clearwater Ventures Total Assets Historical Data

The historical data trend for Clearwater 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.

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Clearwater Ventures Total Assets Chart

Clearwater Ventures Annual Data

Trend

Feb14

Feb15

Total Assets

0.02

0.01

Clearwater Ventures Quarterly Data
	May14	Aug14	Nov14	Feb15	May15	Aug15
Total Assets	Get a 7-Day Free Trial			0.03	0.02	0.01	0.01	0.01

Clearwater 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.

Clearwater Ventures's Total Assets for the fiscal year that ended in Feb. 2015 is calculated as

Total Assets	=	Total Equity (A: Feb. 2015 )	+	Total Liabilities (A: Feb. 2015 )
	=	-0.075	+	0.087
	=	0.01

Clearwater Ventures's Total Assets for the quarter that ended in Aug. 2015 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2015 )	+	Total Liabilities (Q: Aug. 2015 )
	=	-0.089	+	0.096
	=	0.01

Clearwater Ventures (OTCPK:CWRV) Total Assets Explanation

Total Assets is connected with ROA %.

Clearwater Ventures's annualized ROA % for the quarter that ended in Aug. 2015 is

ROA %	=	Net Income (Q: Aug. 2015 )	/	( (Total Assets (Q: May. 2015 )	+	Total Assets (Q: Aug. 2015 ))	/ count )
	=	-0.016	/	( (0.005	+	0.007)	/ 2 )
	=	-0.016	/	0.006
	=	-266.67 %

Note: The Net Income data used here is four times the quarterly (Aug. 2015) 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.

Clearwater Ventures's Asset Turnover for the quarter that ended in Aug. 2015 is

	Asset Turnover
=	Revenue (Q: Aug. 2015 )	/	( (Total Assets (Q: May. 2015 )	+	Total Assets (Q: Aug. 2015 ))	/ count )
=	0	/	( (0.005	+	0.007)	/ 2 )
=	0	/	0.006
=	0.00

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.

Clearwater Ventures Total Assets Related Terms

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Clearwater Ventures (Clearwater Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Clearwater Ventures Inc (OTCPK:CWRV) » Definitions » Total Assets

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Address

Website

Clearwater Ventures Inc, through its subsidiary is engaged in designing and marketing of pool filter product known as the Pool Guardian. It is designed to supplement and assist pool filters by capturing and holding unwanted pool surface debris.

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