Holding Nov Vek AD (XBUL:HNVK) Total Assets : лв187.04 Mil (As of Sep. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Holding Nov Vek AD Total Assets?

Holding Nov Vek AD's Total Assets for the quarter that ended in Sep. 2023 was лв187.04 Mil.

During the past 12 months, Holding Nov Vek AD's average Total Assets Growth Rate was 0.10% per year. During the past 3 years, the average Total Assets Growth Rate was 3.00% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 7.50% per year.

During the past 13 years, Holding Nov Vek AD's highest 3-Year average Total Assets Growth Rate was 32.50%. The lowest was -21.70%. And the median was 4.80%.

Total Assets is connected with ROA %. Holding Nov Vek AD's annualized ROA % for the quarter that ended in Sep. 2023 was -0.80%. Total Assets is also linked to Revenue through Asset Turnover. Holding Nov Vek AD's Asset Turnover for the quarter that ended in Sep. 2023 was 0.05.

Holding Nov Vek AD Total Assets Historical Data

The historical data trend for Holding Nov Vek AD'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.

Holding Nov Vek AD Total Assets Chart

Holding Nov Vek AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

Get a 7-Day Free Trial

135.17

144.17

139.73

166.49

192.62

Holding Nov Vek AD Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															179.81	192.62	192.47	194.63	187.04

Holding Nov Vek AD 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.

Holding Nov Vek AD'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 )
	=	55.202	+	137.413
	=	192.62

Holding Nov Vek AD's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	56.012	+	131.023
	=	187.04

Holding Nov Vek AD (XBUL:HNVK) Total Assets Explanation

Total Assets is connected with ROA %.

Holding Nov Vek AD's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-1.528	/	( (194.632	+	187.035)	/ 2 )
	=	-1.528	/	190.8335
	=	-0.80 %

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

Holding Nov Vek AD's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	8.791	/	( (194.632	+	187.035)	/ 2 )
=	8.791	/	190.8335
=	0.05

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.

Holding Nov Vek AD Total Assets Related Terms

Thank you for viewing the detailed overview of Holding Nov Vek AD's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Holding Nov Vek AD (XBUL:HNVK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Holding Nov Vek AD (XBUL:HNVK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gr. 13 Ship Mountain Street, Sofia, BGR

Website

http://www.holdingnovvek.com

Holding Nov Vek AD is engaged in the acquisition, appraisal and managing of shares, bonds, as well as the cession of licenses for patents. Its activities are: securities acquiring, management and sale, evaluation and sale of patent rights.

Holding Nov Vek AD (XBUL:HNVK) Headlines

No Headlines