Vext Science (XCNQ:VEXT) Total Assets : C$194.33 Mil (As of Sep. 2024)

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What is Vext Science Total Assets?

Vext Science's Total Assets for the quarter that ended in Sep. 2024 was C$194.33 Mil.

During the past 12 months, Vext Science's average Total Assets Growth Rate was 22.80% per year. During the past 3 years, the average Total Assets Growth Rate was 40.00% per year. During the past 5 years, the average Total Assets Growth Rate was 49.50% per year.

During the past 7 years, Vext Science's highest 3-Year average Total Assets Growth Rate was 57.30%. The lowest was 40.00%. And the median was 54.85%.

Total Assets is connected with ROA %. Vext Science's annualized ROA % for the quarter that ended in Sep. 2024 was -6.89%. Total Assets is also linked to Revenue through Asset Turnover. Vext Science's Asset Turnover for the quarter that ended in Sep. 2024 was 0.06.

Vext Science Total Assets Historical Data

The historical data trend for Vext Science'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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Vext Science Total Assets Chart

Vext Science Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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51.07

71.03

107.14

163.72

200.65

Vext Science Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															159.97	200.65	196.56	198.55	194.33

Vext Science 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.

Vext Science's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	127.428	+	73.222
	=	200.65

Vext Science's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	114.999	+	79.328
	=	194.33

Vext Science (XCNQ:VEXT) Total Assets Explanation

Total Assets is connected with ROA %.

Vext Science's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-13.528	/	( (198.554	+	194.327)	/ 2 )
	=	-13.528	/	196.4405
	=	-6.89 %

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

Vext Science's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	12.174	/	( (198.554	+	194.327)	/ 2 )
=	12.174	/	196.4405
=	0.06

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.

Vext Science Total Assets Related Terms

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Vext Science Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vext Science Inc (XCNQ:VEXT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

VEXTF:USA VV5:Germany

Address

4152 N. 39th Avenue, Admin, Phoenix, AZ, USA, 85019

Website

https://www.vextscience.com

Vext Science Inc provides management, advisory, cultivation, and dispensary services to entities in the medical cannabis field. The company's expertise spans from cultivation through to retail operations. Its revenue sources include management fees, professional services, product sales, equipment leasing and property leasing. The Company's operations consist of a single operating segment engaged in the cultivation, manufacturing, distribution and sale of cannabis within the United States.

Executives

Caroline Marie-clothilde Williams

Director

Vext Science Headlines

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