VIVK (Vivakor) Total Assets : $241.04 Mil (As of Dec. 2024)

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What is Vivakor Total Assets?

Vivakor's Total Assets for the quarter that ended in Dec. 2024 was $241.04 Mil.

Warning Sign:

If a company builds assets at 97.3% a year, faster than its revenue growth rate of 22.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Vivakor's average Total Assets Growth Rate was 242.50% per year. During the past 3 years, the average Total Assets Growth Rate was 75.90% per year. During the past 5 years, the average Total Assets Growth Rate was 97.30% per year.

During the past 8 years, Vivakor's highest 3-Year average Total Assets Growth Rate was 179.30%. The lowest was 22.70%. And the median was 100.95%.

Total Assets is connected with ROA %. Vivakor's annualized ROA % for the quarter that ended in Dec. 2024 was -39.05%. Total Assets is also linked to Revenue through Asset Turnover. Vivakor's Asset Turnover for the quarter that ended in Dec. 2024 was 0.27.

Vivakor Total Assets Historical Data

The historical data trend for Vivakor'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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Vivakor Total Assets Chart

Vivakor Annual Data

Trend

Dec07

Dec08

Dec09

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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42.30

47.74

76.34

71.24

241.04

Vivakor Quarterly Data
	Mar10	Jun10	Sep10	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															71.24	74.43	73.68	72.54	241.04

Vivakor 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.

Vivakor's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	115.119	+	125.922
	=	241.04

Vivakor'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 )
	=	115.119	+	125.922
	=	241.04

Vivakor (NAS:VIVK) Total Assets Explanation

Total Assets is connected with ROA %.

Vivakor'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 )
	=	-61.224	/	( (72.544	+	241.041)	/ 2 )
	=	-61.224	/	156.7925
	=	-39.05 %

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.

Vivakor'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 )
=	41.692	/	( (72.544	+	241.041)	/ 2 )
=	41.692	/	156.7925
=	0.27

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.

Vivakor Total Assets Related Terms

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Vivakor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vivakor Inc (NAS:VIVK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

5220 Spring Valley Road, Suite LL20, Dallas, TX, USA, 75254

Website

https://www.vivakor.com

Vivakor Inc is a socially responsible operator, acquirer and developer of technologies and assets in the oil and gas industry, as well as related environmental solutions. It is primarily focused on operating crude oil gathering, storage and transportation facilities, as well as contaminated soil remediation services.

Executives

James H. Ballengee	10 percent owner	2009 CHENAULT DRIVE, SUITE 100, CARROLLTON TX 75006
David Natan	director	11190 BISCAYNE BLVD, MIAMI FL 33181
Matthew Nicosia	director	2 PARK PLAZA, SUITE 400, IRVINE CA 92614
Al Ferrara	director	433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Trent Philip Staggs	director	2067 W. BAMBERGER DRIVE, RIVERTON UT 84065
Spence Joseph S Jr	director	C/O VIVAKOR, INC., 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Tyler Robert Nelson	officer: Chief Financial Officer	C/O VIVAKOR, INC., 433 LAWNDALE AVENUE, SOUTH SALT LAKE CITY UT 84115
Francis Wen-hou Chen	director	1821 JONES STREET, SAN FRANCISCO CA 94109
Fritz Lin	director	2590 HOLIDAY ROAD, SUITE 100, CORALVILLE IA 52241
John Gryga	director	2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Tannin J Fuja	director, 10 percent owner, officer: CEO and President	2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Ed Corrente	officer: CFO	2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Nfg, Inc.	10 percent owner	2222 MICHELSON #222-164, IRVINE CA 92612