Vast Resources (LSE:VAST) Total Assets : £19.95 Mil (As of Oct. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Vast Resources Total Assets?

Vast Resources's Total Assets for the quarter that ended in Oct. 2023 was £19.95 Mil.

During the past 12 months, Vast Resources's average Total Assets Growth Rate was -0.30% per year. During the past 3 years, the average Total Assets Growth Rate was 13.60% per year. During the past 5 years, the average Total Assets Growth Rate was -16.00% per year. During the past 10 years, the average Total Assets Growth Rate was -3.00% per year.

During the past 13 years, Vast Resources's highest 3-Year average Total Assets Growth Rate was 93.90%. The lowest was -25.60%. And the median was 15.60%.

Total Assets is connected with ROA %. Vast Resources's annualized ROA % for the quarter that ended in Oct. 2023 was -52.53%. Total Assets is also linked to Revenue through Asset Turnover. Vast Resources's Asset Turnover for the quarter that ended in Oct. 2023 was 0.08.

Vast Resources Total Assets Historical Data

The historical data trend for Vast Resources'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.

Vast Resources Total Assets Chart

Vast Resources Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Apr20

Apr21

Apr22

Apr23

Total Assets

Get a 7-Day Free Trial

40.72

13.74

17.11

16.46

18.94

Vast Resources Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Assets	Get a 7-Day Free Trial															16.09	16.46	19.74	18.94	19.95

Vast Resources 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.

Vast Resources's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Assets	=	Total Equity (A: Apr. 2023 )	+	Total Liabilities (A: Apr. 2023 )
	=	2.042	+	16.898
	=	18.94

Vast Resources'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 )
	=	1.493	+	18.454
	=	19.95

Vast Resources (LSE:VAST) Total Assets Explanation

Total Assets is connected with ROA %.

Vast Resources's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	-10.214	/	( (18.94	+	19.947)	/ 2 )
	=	-10.214	/	19.4435
	=	-52.53 %

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

Vast Resources's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	1.47	/	( (18.94	+	19.947)	/ 2 )
=	1.47	/	19.4435
=	0.08

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.

Vast Resources Total Assets Related Terms

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

Vast Resources (LSE:VAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vast Resources PLC (LSE:VAST) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

D9AA:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.vastplc.com

Vast Resources PLC is a resource development company producing copper concentrate, zinc concentrate and gold and silver concentrate from Manaila Polymetallic Mine based at Romania. It has interest in the underground mine, Baita Plai, which is a skarn deposit comprising veins in calcareous sediments in approximately eight distinct pipes. The geographical segments of the company includes Europe and Central Asia and Southern Africa.

Vast Resources (LSE:VAST) Headlines

No Headlines