Marvel Discovery (Marvel Discovery) Total Assets : $4.59 Mil (As of Feb. 2024)

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What is Marvel Discovery Total Assets?

Marvel Discovery's Total Assets for the quarter that ended in Feb. 2024 was $4.59 Mil.

During the past 12 months, Marvel Discovery's average Total Assets Growth Rate was 40.20% per year. During the past 3 years, the average Total Assets Growth Rate was 20.10% per year. During the past 5 years, the average Total Assets Growth Rate was 13.50% per year. During the past 10 years, the average Total Assets Growth Rate was 7.80% per year.

During the past 13 years, Marvel Discovery's highest 3-Year average Total Assets Growth Rate was 121.30%. The lowest was -7.90%. And the median was 9.30%.

Total Assets is connected with ROA %. Marvel Discovery's annualized ROA % for the quarter that ended in Feb. 2024 was -21.23%. Total Assets is also linked to Revenue through Asset Turnover. Marvel Discovery's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.

Marvel Discovery Total Assets Historical Data

The historical data trend for Marvel Discovery'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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Marvel Discovery Total Assets Chart

Marvel Discovery Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

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1.92

2.45

1.61

2.83

3.85

Marvel Discovery Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial															3.88	3.90	3.85	4.19	4.59

Marvel Discovery 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.

Marvel Discovery's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	3.266	+	0.58
	=	3.85

Marvel Discovery's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	3.507	+	1.084
	=	4.59

Marvel Discovery (OTCPK:MARVF) Total Assets Explanation

Total Assets is connected with ROA %.

Marvel Discovery's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	-0.932	/	( (4.188	+	4.592)	/ 2 )
	=	-0.932	/	4.39
	=	-21.23 %

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

Marvel Discovery's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	0	/	( (4.188	+	4.592)	/ 2 )
=	0	/	4.39
=	0.00

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.

Marvel Discovery Total Assets Related Terms

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Marvel Discovery (Marvel Discovery) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Marvel Discovery Corp (OTCPK:MARVF) » Definitions » Total Assets

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O4T:Germany MARV:Canada

Address

1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6

Website

https://www.marveldiscovery.ca

Marvel Discovery Corp is engaged in the acquisition, and exploration of mineral properties in Canada. It holds interest in Blackfly Property, Baie Verte Line Property, Duhamel Property, and Highway Property among others.