Volt Carbon Technologies (Volt Carbon Technologies) Total Assets : $3.56 Mil (As of Jan. 2024)

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

What is Volt Carbon Technologies Total Assets?

Volt Carbon Technologies's Total Assets for the quarter that ended in Jan. 2024 was $3.56 Mil.

During the past 12 months, Volt Carbon Technologies's average Total Assets Growth Rate was -5.20% per year. During the past 3 years, the average Total Assets Growth Rate was 47.00% per year. During the past 5 years, the average Total Assets Growth Rate was 1.80% per year. During the past 10 years, the average Total Assets Growth Rate was 2.70% per year.

During the past 13 years, Volt Carbon Technologies's highest 3-Year average Total Assets Growth Rate was 290.10%. The lowest was -34.90%. And the median was 4.90%.

Total Assets is connected with ROA %. Volt Carbon Technologies's annualized ROA % for the quarter that ended in Jan. 2024 was -36.53%. Total Assets is also linked to Revenue through Asset Turnover. Volt Carbon Technologies's Asset Turnover for the quarter that ended in Jan. 2024 was 0.02.

Volt Carbon Technologies Total Assets Historical Data

The historical data trend for Volt Carbon Technologies'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.

Volt Carbon Technologies Total Assets Chart

Volt Carbon Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

Get a 7-Day Free Trial

3.43

1.04

3.37

3.33

3.16

Volt Carbon Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															3.38	3.44	3.36	3.16	3.56

Volt Carbon Technologies 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.

Volt Carbon Technologies's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	1.688	+	1.474
	=	3.16

Volt Carbon Technologies's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	2.092	+	1.469
	=	3.56

Volt Carbon Technologies (OTCPK:TORVF) Total Assets Explanation

Total Assets is connected with ROA %.

Volt Carbon Technologies's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-1.228	/	( (3.162	+	3.561)	/ 2 )
	=	-1.228	/	3.3615
	=	-36.53 %

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

Volt Carbon Technologies's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0.056	/	( (3.162	+	3.561)	/ 2 )
=	0.056	/	3.3615
=	0.02

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.

Volt Carbon Technologies Total Assets Related Terms

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

Volt Carbon Technologies (Volt Carbon Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volt Carbon Technologies Inc (OTCPK:TORVF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

VCT:Canada

Address

70 Country Hills Landing NW, Suite 117, Calgary, AB, CAN, T3K 2L2

Website

https://www.voltcarbontech.com

Volt Carbon Technologies Inc is engaged in the exploration of mineral properties. The company has two operating segments. The mineral exploration and development segment focus on the acquisition and exploration of property interests that are considered potential sites of economic mineralization. The research and development segment focuses on the scientific study and technology applications for air classifier and battery development.