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Visionary Metals (TSXV:VIZ) Total Assets : C$4.30 Mil (As of Dec. 2023)


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What is Visionary Metals Total Assets?

Visionary Metals's Total Assets for the quarter that ended in Dec. 2023 was C$4.30 Mil.

During the past 12 months, Visionary Metals's average Total Assets Growth Rate was -0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 355.70% per year. During the past 5 years, the average Total Assets Growth Rate was 178.30% per year. During the past 10 years, the average Total Assets Growth Rate was 18.40% per year.

During the past 13 years, Visionary Metals's highest 3-Year average Total Assets Growth Rate was 1071.30%. The lowest was -71.60%. And the median was 2.30%.

Total Assets is connected with ROA %. Visionary Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -23.05%. Total Assets is also linked to Revenue through Asset Turnover. Visionary Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Visionary Metals Total Assets Historical Data

The historical data trend for Visionary Metals'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.

Visionary Metals Total Assets Chart

Visionary Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.04 4.00 3.16 3.02

Visionary Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.05 4.23 3.02 4.10 4.30

Visionary Metals 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.

Visionary Metals's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=2.557+0.466
=3.02

Visionary Metals's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=3.924+0.372
=4.30

* 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.


Visionary Metals  (TSXV:VIZ) Total Assets Explanation

Total Assets is connected with ROA %.

Visionary Metals's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.968/( (4.104+4.295)/ 2 )
=-0.968/4.1995
=-23.05 %

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

Visionary Metals's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (4.104+4.295)/ 2 )
=0/4.1995
=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.

Visionary Metals Total Assets Related Terms

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Visionary Metals (TSXV:VIZ) Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 407, Vancouver, BC, CAN, V6C 1Z7
Visionary Metals Corp is a Vancouver-based mineral exploration company focused on making new precious and base metals discoveries in Fremont County, Wyoming.
Executives
Wesley John Adams 10% Security Holder

Visionary Metals (TSXV:VIZ) Headlines

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