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Infinity Stone Ventures (FRA:B2IA) Total Assets : €2.54 Mil (As of May. 2023)


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What is Infinity Stone Ventures Total Assets?

Infinity Stone Ventures's Total Assets for the quarter that ended in May. 2023 was €2.54 Mil.

During the past 12 months, Infinity Stone Ventures's average Total Assets Growth Rate was 168.00% per year.

Total Assets is connected with ROA %. Infinity Stone Ventures's annualized ROA % for the quarter that ended in May. 2023 was -11.47%. Total Assets is also linked to Revenue through Asset Turnover. Infinity Stone Ventures's Asset Turnover for the quarter that ended in May. 2023 was 0.00.


Infinity Stone Ventures Total Assets Historical Data

The historical data trend for Infinity Stone 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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Infinity Stone Ventures Total Assets Chart

Infinity Stone Ventures Annual Data
Trend Aug21 Aug22
Total Assets
0.23 1.78

Infinity Stone Ventures Quarterly Data
May20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.04 1.78 2.59 2.62 2.54

Infinity Stone 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.

Infinity Stone Ventures's Total Assets for the fiscal year that ended in Aug. 2022 is calculated as

Total Assets=Total Equity (A: Aug. 2022 )+Total Liabilities (A: Aug. 2022 )
=-5.958+7.741
=1.78

Infinity Stone Ventures's Total Assets for the quarter that ended in May. 2023 is calculated as

Total Assets=Total Equity (Q: May. 2023 )+Total Liabilities (Q: May. 2023 )
=-2.536+5.076
=2.54

* 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.


Infinity Stone Ventures  (FRA:B2IA) Total Assets Explanation

Total Assets is connected with ROA %.

Infinity Stone Ventures's annualized ROA % for the quarter that ended in May. 2023 is

ROA %=Net Income (Q: May. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: May. 2023 ))/ count )
=-0.296/( (2.621+2.54)/ 2 )
=-0.296/2.5805
=-11.47 %

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

Infinity Stone Ventures's Asset Turnover for the quarter that ended in May. 2023 is

Asset Turnover
=Revenue (Q: May. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: May. 2023 ))/ count )
=0.009/( (2.621+2.54)/ 2 )
=0.009/2.5805
=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.

Infinity Stone Ventures Total Assets Related Terms

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Infinity Stone Ventures (FRA:B2IA) Business Description

Traded in Other Exchanges
Address
750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).

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