SEAV (Seatech Ventures) Total Assets : $0.03 Mil (As of Sep. 2024)

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What is Seatech Ventures Total Assets?

Seatech Ventures's Total Assets for the quarter that ended in Sep. 2024 was $0.03 Mil.

During the past 12 months, Seatech Ventures's average Total Assets Growth Rate was -96.80% per year. During the past 3 years, the average Total Assets Growth Rate was -3.20% per year. During the past 5 years, the average Total Assets Growth Rate was 114.40% per year.

During the past 6 years, Seatech Ventures's highest 3-Year average Total Assets Growth Rate was 400.00%. The lowest was -3.20%. And the median was 14.50%.

Total Assets is connected with ROA %. Seatech Ventures's annualized ROA % for the quarter that ended in Sep. 2024 was -165.29%. Total Assets is also linked to Revenue through Asset Turnover. Seatech Ventures's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Seatech Ventures Total Assets Historical Data

The historical data trend for Seatech 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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Seatech Ventures Total Assets Chart

Seatech Ventures Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.34

0.45

0.20

0.26

0.19

Seatech Ventures Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															0.30	0.19	0.10	0.09	0.03

Seatech 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.

Seatech Ventures'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 )
	=	-0.228	+	0.414
	=	0.19

Seatech Ventures's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	-0.33	+	0.36
	=	0.03

Seatech Ventures (OTCPK:SEAV) Total Assets Explanation

Total Assets is connected with ROA %.

Seatech Ventures's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-0.1	/	( (0.091	+	0.03)	/ 2 )
	=	-0.1	/	0.0605
	=	-165.29 %

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

Seatech Ventures's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0	/	( (0.091	+	0.03)	/ 2 )
=	0	/	0.0605
=	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.

Seatech Ventures Total Assets Related Terms

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Seatech Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Seatech Ventures Corp (OTCPK:SEAV) » Definitions » Total Assets

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Address

11-05 & 11-06, Tower A, Avenue 3, Vertical Business Suite, Jalan Kerinchi, Bangsar South, Kuala Lumpur, MYS, 59200

Website

https://www.seatech-ventures.com

Seatech Ventures Corp is engaged in the business of providing business mentoring services, nurturing and incubation services relating to client businesses and corporate development advisory services to entrepreneurs in the broader technology industry, but with a specific focus on the information and communication technology industry. The services of the company are designed to assist tech-based entrepreneurs in solving ICT industry pain points caused by technical insufficiencies, inappropriate financial modelling and weak strategic positioning.