VNG (VNG) Total Assets: $26.19 Mil (As of Jun. 2023)


What is VNG Total Assets?

VNG VNG Total Assets is $26.19 Mil as of Jun. 2023.

VNG's Total Assets for the quarter that ended in Jun. 2023 was $26.19 Mil.

Total Assets is connected with ROA %. VNG's annualized ROA % for the quarter that ended in Jun. 2023 was -21.45%. Total Assets is also linked to Revenue through Asset Turnover. VNG's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

VNG  (NAS:VNG) Total Assets Explanation

Total Assets is connected with ROA %.

VNG's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=-5.618/( (26.192+26.192)/ 2 )
=-5.618/26.192
=-21.45 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) 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.

VNG's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (26.192+26.192)/ 2 )
=0/26.192
=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.

VNG Total Assets Related Terms

VNG Total Assets Historical Data

* Premium members only.

The historical data trend for VNG'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.

VNG Total Assets Chart

VNG Annual Data
Trend Dec22
Total Assets
26.19

VNG Semi-Annual Data
Dec22 Jun23
Total Assets 26.19 26.19

VNG 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.

VNG's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=-0.054+26.246
=26.19

VNG's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=-2.863+29.055
=26.19

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $26.19 Mil mean?
VNG (VNG) has a Total Assets of $26.19 Mil as of Jun. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on VNG and its competitors.
Is VNG's Total Assets too high?
VNG's current Total Assets is $26.19 Mil.
How does VNG's Total Assets compare to ?
VNG's Total Assets of $26.19 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Interactive Media company?
A good Total Assets depends on the Interactive Media industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on VNG and its competitors. VNG's current Total Assets is $26.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNG stock overvalued right now?
VNG (VNG) has a current Total Assets of $26.19 Mil. The current Total Assets is $26.19 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For VNG (VNG), the current Total Assets is $26.19 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VNG Business Description

Comparable Companies
Address VNG Campus, Lot Z06, St. 13, Tan Thuan Dong Ward, Dist. 7, Ho Chi Minh, VNM
VNG Ltd is a company with household digital platform brands across games, communications, news and music with a massive and fast-growing user base. It has four business segments such as Games, Communications and Media, Fintech and Long-Term Opportunities, so it generates majority of the revenue from games segment.