VVC Exploration (VVC Exploration) Total Assets : $33.63 Mil (As of Oct. 2023)

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What is VVC Exploration Total Assets?

VVC Exploration's Total Assets for the quarter that ended in Oct. 2023 was $33.63 Mil.

During the past 12 months, VVC Exploration's average Total Assets Growth Rate was 2472.30% per year. During the past 3 years, the average Total Assets Growth Rate was -33.80% per year. During the past 5 years, the average Total Assets Growth Rate was -33.90% per year. During the past 10 years, the average Total Assets Growth Rate was 3.00% per year.

During the past 13 years, VVC Exploration's highest 3-Year average Total Assets Growth Rate was 443.20%. The lowest was -63.80%. And the median was -13.35%.

Total Assets is connected with ROA %. VVC Exploration's annualized ROA % for the quarter that ended in Oct. 2023 was -10.93%. Total Assets is also linked to Revenue through Asset Turnover. VVC Exploration's Asset Turnover for the quarter that ended in Oct. 2023 was 0.00.

VVC Exploration Total Assets Historical Data

The historical data trend for VVC Exploration'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.

VVC Exploration Total Assets Chart

VVC Exploration Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Total Assets

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3.82

4.85

2.56

3.13

1.37

VVC Exploration Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Total Assets	Get a 7-Day Free Trial															1.72	1.37	1.36	35.90	33.63

VVC Exploration 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.

VVC Exploration's Total Assets for the fiscal year that ended in Jan. 2023 is calculated as

Total Assets	=	Total Equity (A: Jan. 2023 )	+	Total Liabilities (A: Jan. 2023 )
	=	-5.376	+	6.745
	=	1.37

VVC Exploration's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	26.584	+	7.043
	=	33.63

VVC Exploration (OTCPK:VVCVF) Total Assets Explanation

Total Assets is connected with ROA %.

VVC Exploration's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	-3.8	/	( (35.9	+	33.627)	/ 2 )
	=	-3.8	/	34.7635
	=	-10.93 %

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

VVC Exploration's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	0	/	( (35.9	+	33.627)	/ 2 )
=	0	/	34.7635
=	0.00

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.

VVC Exploration Total Assets Related Terms

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VVC Exploration (VVC Exploration) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » VVC Exploration Corp (OTCPK:VVCVF) » Definitions » Total Assets

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VVC:Canada

Address

2369 Kingston Road, P.O. Box 28059, Terry Town, Scarborough, ON, CAN, M1N 4E7

Website

https://www.vvcexpl.com

VVC Exploration Corp is engaged in the exploration and development of precious and base metals mineral properties. Its portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico, and the Helium / Natural Gas Projects owned by its wholly-owned subsidiary, PHC. VVC is currently focused on the Helium Projects owned by PHC and will resume the development of the Gloria Copper Project. The company's mineral resource properties are located in Mexico and Canada.

VVC Exploration (VVC Exploration) Headlines

From GuruFocus

VVC Exploration – Closing of Private Placement Financing

By GlobeNewswire GlobeNewswire • 03-24-2020