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Bow Lake Capital (TSXV:BLCC.P) Total Assets : C$0.45 Mil (As of Mar. 2024)


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What is Bow Lake Capital Total Assets?

Bow Lake Capital's Total Assets for the quarter that ended in Mar. 2024 was C$0.45 Mil.

During the past 12 months, Bow Lake Capital's average Total Assets Growth Rate was 16.70% per year.

Total Assets is connected with ROA %. Bow Lake Capital's annualized ROA % for the quarter that ended in Mar. 2024 was -5.34%. Total Assets is also linked to Revenue through Asset Turnover. Bow Lake Capital's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


Bow Lake Capital Total Assets Historical Data

The historical data trend for Bow Lake Capital'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.

Bow Lake Capital Total Assets Chart

Bow Lake Capital Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.13 0.47 0.45

Bow Lake Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.47 0.47 0.45 0.45 0.45

Bow Lake Capital 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.

Bow Lake Capital'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 )
=0.448+0.006
=0.45

Bow Lake Capital's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=0.442+0.003
=0.45

* 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.


Bow Lake Capital  (TSXV:BLCC.P) Total Assets Explanation

Total Assets is connected with ROA %.

Bow Lake Capital's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-0.024/( (0.454+0.445)/ 2 )
=-0.024/0.4495
=-5.34 %

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

Bow Lake Capital's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (0.454+0.445)/ 2 )
=0/0.4495
=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.

Bow Lake Capital Total Assets Related Terms

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Bow Lake Capital (TSXV:BLCC.P) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
400 - 5th Avenue SW, 300 Roslyn Building, Calgary, AB, CAN, T2P 0L6
Website
Bow Lake Capital Corp is a capital pool company.

Bow Lake Capital (TSXV:BLCC.P) Headlines

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