TRRVF (TerraVest Industries) Total Assets : $633.6 Mil (As of Dec. 2024)

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What is TerraVest Industries Total Assets?

TerraVest Industries's Total Assets for the quarter that ended in Dec. 2024 was $633.6 Mil.

During the past 12 months, TerraVest Industries's average Total Assets Growth Rate was 12.80% per year. During the past 3 years, the average Total Assets Growth Rate was 28.20% per year. During the past 5 years, the average Total Assets Growth Rate was 27.50% per year. During the past 10 years, the average Total Assets Growth Rate was 18.60% per year.

During the past 13 years, TerraVest Industries's highest 3-Year average Total Assets Growth Rate was 31.80%. The lowest was -20.80%. And the median was 13.90%.

Total Assets is connected with ROA %. TerraVest Industries's annualized ROA % for the quarter that ended in Dec. 2024 was 12.66%. Total Assets is also linked to Revenue through Asset Turnover. TerraVest Industries's Asset Turnover for the quarter that ended in Dec. 2024 was 0.26.

TerraVest Industries Total Assets Historical Data

The historical data trend for TerraVest Industries'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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TerraVest Industries Total Assets Chart

TerraVest Industries Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Total Assets

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241.59

320.68

460.70

482.53

640.65

TerraVest Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															599.34	590.70	612.41	640.65	633.63

TerraVest Industries 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.

TerraVest Industries's Total Assets for the fiscal year that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (A: Sep. 2024 )	+	Total Liabilities (A: Sep. 2024 )
	=	295.008	+	345.644
	=	640.7

TerraVest Industries's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	303.538	+	330.086
	=	633.6

TerraVest Industries (OTCPK:TRRVF) Total Assets Explanation

Total Assets is connected with ROA %.

TerraVest Industries's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	80.676	/	( (640.652	+	633.625)	/ 2 )
	=	80.676	/	637.1385
	=	12.66 %

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

TerraVest Industries's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	164.656	/	( (640.652	+	633.625)	/ 2 )
=	164.656	/	637.1385
=	0.26

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.

TerraVest Industries Total Assets Related Terms

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TerraVest Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TerraVest Industries Inc (OTCPK:TRRVF) » Definitions » Total Assets

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Traded in Other Exchanges

TVK:Canada

Address

60th Street, Suite 6205, Vegreville, AB, CAN, T9C 1S3

Website

https://www.terravestindustries.com

TerraVest Industries Inc manufactures home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include Home Heating and Cooling Products and Containment Equipment (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment), and Service. The majority of its revenue is generated from its HVAC and Cooling Products and Containment Equipment segment which manufactures and distributes products including commercial and residential refined fuel tanks, wastewater treatment systems, grease removal systems, and other custom-built steel storage products.

TerraVest Industries Headlines

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