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ProVen VCT (LSE:PVN) Total Assets : £162.52 Mil (As of Feb. 2023)


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What is ProVen VCT Total Assets?

ProVen VCT's Total Assets for the quarter that ended in Feb. 2023 was £162.52 Mil.

Total Assets is connected with ROA %. ProVen VCT's annualized ROA % for the quarter that ended in Feb. 2023 was -1.13%. Total Assets is also linked to Revenue through Asset Turnover. ProVen VCT's Asset Turnover for the quarter that ended in Feb. 2023 was -0.00.


ProVen VCT Total Assets Historical Data

The historical data trend for ProVen VCT'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.

ProVen VCT Total Assets Chart

ProVen VCT Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.51 106.29 127.41 148.91 162.52

ProVen VCT Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
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 Premium Member Only Premium Member Only Premium Member Only 127.41 148.10 148.91 162.61 162.52

ProVen VCT 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.

ProVen VCT's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets=Total Equity (A: Feb. 2023 )+Total Liabilities (A: Feb. 2023 )
=161.74+0.783
=162.52

ProVen VCT's Total Assets for the quarter that ended in Feb. 2023 is calculated as

Total Assets=Total Equity (Q: Feb. 2023 )+Total Liabilities (Q: Feb. 2023 )
=161.74+0.783
=162.52

* 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.


ProVen VCT  (LSE:PVN) Total Assets Explanation

Total Assets is connected with ROA %.

ProVen VCT's annualized ROA % for the quarter that ended in Feb. 2023 is

ROA %=Net Income (Q: Feb. 2023 )/( (Total Assets (Q: Aug. 2022 )+Total Assets (Q: Feb. 2023 ))/ count )
=-1.844/( (162.607+162.523)/ 2 )
=-1.844/162.565
=-1.13 %

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

ProVen VCT's Asset Turnover for the quarter that ended in Feb. 2023 is

Asset Turnover
=Revenue (Q: Feb. 2023 )/( (Total Assets (Q: Aug. 2022 )+Total Assets (Q: Feb. 2023 ))/ count )
=-0.636/( (162.607+162.523)/ 2 )
=-0.636/162.565
=-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.

ProVen VCT Total Assets Related Terms

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ProVen VCT (LSE:PVN) Business Description

Traded in Other Exchanges
N/A
Address
55 Drury Lane, Charter House, London, GBR, WC2B 5SQ
ProVen VCT PLC is a United Kingdom-based venture capital trust. Its investment objectives are to achieve a total return greater than that available from direct investment in quoted businesses by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments.

ProVen VCT (LSE:PVN) Headlines

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