Vela Technologies (FRA:IBNN) Total Assets : €8.75 Mil (As of Sep. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Vela Technologies Total Assets?

Vela Technologies's Total Assets for the quarter that ended in Sep. 2023 was €8.75 Mil.

During the past 12 months, Vela Technologies's average Total Assets Growth Rate was 13.40% per year. During the past 3 years, the average Total Assets Growth Rate was 73.50% per year. During the past 5 years, the average Total Assets Growth Rate was 27.70% per year. During the past 10 years, the average Total Assets Growth Rate was 47.70% per year.

During the past 13 years, Vela Technologies's highest 3-Year average Total Assets Growth Rate was 462.10%. The lowest was -87.00%. And the median was 2.70%.

Total Assets is connected with ROA %. Vela Technologies's annualized ROA % for the quarter that ended in Sep. 2023 was 13.92%. Total Assets is also linked to Revenue through Asset Turnover. Vela Technologies's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Vela Technologies Total Assets Historical Data

The historical data trend for Vela Technologies'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.

Vela Technologies Total Assets Chart

Vela Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

2.49

1.36

8.45

8.85

7.98

Vela Technologies Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															9.41	8.85	8.31	7.98	8.75

Vela Technologies 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.

Vela Technologies's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	7.94	+	0.043
	=	7.98

Vela Technologies's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	8.706	+	0.041
	=	8.75

Vela Technologies (FRA:IBNN) Total Assets Explanation

Total Assets is connected with ROA %.

Vela Technologies's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	1.164	/	( (7.983	+	8.746)	/ 2 )
	=	1.164	/	8.3645
	=	13.92 %

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

Vela Technologies's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (7.983	+	8.746)	/ 2 )
=	0	/	8.3645
=	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.

Vela Technologies Total Assets Related Terms

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

Vela Technologies (FRA:IBNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vela Technologies PLC (FRA:IBNN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

VELA:UK

Address

Mill Field Road, 15 Victoria Mews, Cottingley Business Park, Bingley, West Yorkshire, GBR, BD16 1PY

Website

http://www.velatechplc.com

Vela Technologies PLC a UK-based investment company based in London which is engaged in acquiring and consolidating holdings in the small and medium-sized enterprise (SME's), which are active in the development of emergent technologies. It operates through a single segment of Investments in the United Kingdom. It mainly focuses on investment in companies which are based in the UK or Europe with the number of opportunities to acquire interests in undervalued or pre-commercialization technologies and companies. The company seeks to deliver consistent growth, performance, and strong returns to shareholders by building a diverse portfolio of pre-IPO technology investments.

Vela Technologies (FRA:IBNN) Headlines

No Headlines