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Blackfinch Spring VCT (LSE:BFSP) Total Assets : £42.77 Mil (As of Jun. 2024)


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What is Blackfinch Spring VCT Total Assets?

Blackfinch Spring VCT's Total Assets for the quarter that ended in Jun. 2024 was £42.77 Mil.

During the past 12 months, Blackfinch Spring VCT's average Total Assets Growth Rate was 57.70% per year. During the past 3 years, the average Total Assets Growth Rate was 171.30% per year.

During the past 4 years, Blackfinch Spring VCT's highest 3-Year average Total Assets Growth Rate was 171.30%. The lowest was 171.30%. And the median was 171.30%.

Total Assets is connected with ROA %. Blackfinch Spring VCT's annualized ROA % for the quarter that ended in Jun. 2024 was 7.23%. Total Assets is also linked to Revenue through Asset Turnover. Blackfinch Spring VCT's Asset Turnover for the quarter that ended in Jun. 2024 was 0.04.


Blackfinch Spring VCT Total Assets Historical Data

The historical data trend for Blackfinch Spring VCT'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.

Blackfinch Spring VCT Total Assets Chart

Blackfinch Spring VCT Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
3.77 11.93 19.47 29.70

Blackfinch Spring VCT Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only 17.73 19.47 25.62 29.70 42.77

Blackfinch Spring VCT 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.

Blackfinch Spring VCT's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=29.359+0.343
=29.70

Blackfinch Spring VCT's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=41.32+1.45
=42.77

* 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.


Blackfinch Spring VCT  (LSE:BFSP) Total Assets Explanation

Total Assets is connected with ROA %.

Blackfinch Spring VCT's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=2.62/( (29.702+42.77)/ 2 )
=2.62/36.236
=7.23 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) 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.

Blackfinch Spring VCT's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=1.588/( (29.702+42.77)/ 2 )
=1.588/36.236
=0.04

* 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.

Blackfinch Spring VCT Total Assets Related Terms

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Blackfinch Spring VCT Business Description

Traded in Other Exchanges
N/A
Address
1350-1360 Montpellier Court, Gloucester Business Park, Brockworth, Gloucester, Gloucestershire, GBR, GL3 4AH
Blackfinch Spring VCT PLC is an investment management company. Its objective is to o invest in growth-stage technology-enabled companies that are on their scale-up journey.

Blackfinch Spring VCT Headlines

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