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Cloud3 Ventures (XCNQ:CLDV) Total Assets : C$0.44 Mil (As of Dec. 2024)


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What is Cloud3 Ventures Total Assets?

Cloud3 Ventures's Total Assets for the quarter that ended in Dec. 2024 was C$0.44 Mil.

During the past 12 months, Cloud3 Ventures's average Total Assets Growth Rate was -90.60% per year.

Total Assets is connected with ROA %. Cloud3 Ventures's annualized ROA % for the quarter that ended in Dec. 2024 was -151.60%. Total Assets is also linked to Revenue through Asset Turnover. Cloud3 Ventures's Asset Turnover for the quarter that ended in Dec. 2024 was -0.02.


Cloud3 Ventures Total Assets Historical Data

The historical data trend for Cloud3 Ventures'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.

Cloud3 Ventures Total Assets Chart

Cloud3 Ventures Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial - - 0.50 2.01 0.44

Cloud3 Ventures Quarterly Data
Jun19 Jun20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.40 4.33 0.44 0.44 0.44

Cloud3 Ventures 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.

Cloud3 Ventures's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=0.063+0.375
=0.44

Cloud3 Ventures'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 )
=-0.147+0.583
=0.44

* 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.


Cloud3 Ventures  (XCNQ:CLDV) Total Assets Explanation

Total Assets is connected with ROA %.

Cloud3 Ventures'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 )
=-0.664/( (0.44+0.436)/ 2 )
=-0.664/0.438
=-151.60 %

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.

Cloud3 Ventures'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 )
=-0.01/( (0.44+0.436)/ 2 )
=-0.01/0.438
=-0.02

* 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.

Cloud3 Ventures Total Assets Related Terms

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Cloud3 Ventures Business Description

Traded in Other Exchanges
Address
22 Leader Lane, Suite 409, Toronto, ON, CAN, M5E 0B2
Cloud3 Ventures Inc is a diversified investment company focused on identifying, incubating, accelerating, and developing world-class projects and applications for the decentralized web. Focused on supporting founders and entrepreneurs, Orthogonal Global core investment pillars are blockchain-based transparency, secured identity, verified communications, and gamification, focusing on early-stage, small and medium enterprises in the burgeoning Web three sector. In addition, the Company mines digital assets with an operational focus on utilizing equipment to solve complex computation problems to validate transactions on different blockchains and receive Bitcoin in return for successful services.

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