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Cobra Venture (TSXV:CBV) Total Assets : C$3.51 Mil (As of Feb. 2024)


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What is Cobra Venture Total Assets?

Cobra Venture's Total Assets for the quarter that ended in Feb. 2024 was C$3.51 Mil.

During the past 12 months, Cobra Venture's average Total Assets Growth Rate was -7.50% per year. During the past 3 years, the average Total Assets Growth Rate was -10.90% per year. During the past 5 years, the average Total Assets Growth Rate was -4.20% per year. During the past 10 years, the average Total Assets Growth Rate was -13.20% per year.

During the past 13 years, Cobra Venture's highest 3-Year average Total Assets Growth Rate was 235.70%. The lowest was -58.60%. And the median was -3.80%.

Total Assets is connected with ROA %. Cobra Venture's annualized ROA % for the quarter that ended in Feb. 2024 was -21.63%. Total Assets is also linked to Revenue through Asset Turnover. Cobra Venture's Asset Turnover for the quarter that ended in Feb. 2024 was 0.08.


Cobra Venture Total Assets Historical Data

The historical data trend for Cobra Venture'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.

Cobra Venture Total Assets Chart

Cobra Venture Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.46 3.48 3.27 3.46 3.45

Cobra Venture Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
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 3.45 3.31 3.23 3.30 3.51

Cobra Venture 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.

Cobra Venture's Total Assets for the fiscal year that ended in Nov. 2022 is calculated as

Total Assets=Total Equity (A: Nov. 2022 )+Total Liabilities (A: Nov. 2022 )
=3.245+0.21
=3.46

Cobra Venture'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 )
=3.385+0.125
=3.51

* 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.


Cobra Venture  (TSXV:CBV) Total Assets Explanation

Total Assets is connected with ROA %.

Cobra Venture's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-0.736/( (3.295+3.51)/ 2 )
=-0.736/3.4025
=-21.63 %

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.

Cobra Venture's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=0.271/( (3.295+3.51)/ 2 )
=0.271/3.4025
=0.08

* 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.

Cobra Venture Total Assets Related Terms

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Cobra Venture (TSXV:CBV) Business Description

Traded in Other Exchanges
N/A
Address
2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1
Cobra Venture Corp is a junior oil and gas company that is focused on the exploration and development of petroleum and natural gas interests in Canada. The company's properties are the Willesden Green area, Alberta; Davey Lake area, Alberta; and Gull Lake, Saskatchewan. It derives prime revenue from oil and gas production.
Executives
Stephane Poirier 10% Security Holder

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