VidWRX (TSXV:VID.H) Total Assets : C$1.19 Mil (As of Sep. 2015)

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What is VidWRX Total Assets?

VidWRX's Total Assets for the quarter that ended in Sep. 2015 was C$1.19 Mil.

Total Assets is connected with ROA %. VidWRX's annualized ROA % for the quarter that ended in Sep. 2015 was -624.60%. Total Assets is also linked to Revenue through Asset Turnover. VidWRX's Asset Turnover for the quarter that ended in Sep. 2015 was 0.15.

VidWRX Total Assets Historical Data

The historical data trend for VidWRX'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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VidWRX Total Assets Chart

VidWRX Annual Data

Trend

Dec12

Dec13

Dec14

Total Assets

0.56

0.66

0.43

VidWRX Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Total Assets	Get a 7-Day Free Trial									0.64	0.43	0.75	0.87	1.19

VidWRX 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.

VidWRX's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets	=	Total Equity (A: Dec. 2014 )	+	Total Liabilities (A: Dec. 2014 )
	=	-3.685	+	4.118
	=	0.43

VidWRX's Total Assets for the quarter that ended in Sep. 2015 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2015 )	+	Total Liabilities (Q: Sep. 2015 )
	=	-2.521	+	3.713
	=	1.19

VidWRX (TSXV:VID.H) Total Assets Explanation

Total Assets is connected with ROA %.

VidWRX's annualized ROA % for the quarter that ended in Sep. 2015 is

ROA %	=	Net Income (Q: Sep. 2015 )	/	( (Total Assets (Q: Jun. 2015 )	+	Total Assets (Q: Sep. 2015 ))	/ count )
	=	-6.424	/	( (0.865	+	1.192)	/ 2 )
	=	-6.424	/	1.0285
	=	-624.60 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) 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.

VidWRX's Asset Turnover for the quarter that ended in Sep. 2015 is

	Asset Turnover
=	Revenue (Q: Sep. 2015 )	/	( (Total Assets (Q: Jun. 2015 )	+	Total Assets (Q: Sep. 2015 ))	/ count )
=	0.157	/	( (0.865	+	1.192)	/ 2 )
=	0.157	/	1.0285
=	0.15

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.

VidWRX Total Assets Related Terms

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VidWRX (TSXV:VID.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VidWRX Inc (TSXV:VID.H) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Website

http://www.vidwrx.com

VidWRX Inc is engaged in developing and operating cloud-based video content production platforms and video production series targeting the business and news markets across North America. It provides a range of resale, white-label, and on-demand video production service and products across North America to video markets, which include business video (Web services companies, digital publishers, Internet and social media marketing agencies and corporate partners), news video and content (broadcasters, newspapers, marketers and online media) and video advertisements (Internet marketing and digital agencies, video advertising platforms and ad networks).

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