Vortex Brands Co (Vortex Brands Co) Total Assets : $0.00 Mil (As of Jun. 2007)

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What is Vortex Brands Co Total Assets?

Vortex Brands Co's Total Assets for the quarter that ended in Jun. 2007 was $0.00 Mil.

Total Assets is connected with ROA %. Vortex Brands Co's annualized ROA % for the quarter that ended in Jun. 2007 was -105.56%. Total Assets is also linked to Revenue through Asset Turnover. Vortex Brands Co's Asset Turnover for the quarter that ended in Jun. 2007 was 0.00.

Vortex Brands Co Total Assets Historical Data

The historical data trend for Vortex Brands Co'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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Vortex Brands Co Total Assets Chart

Vortex Brands Co Annual Data

Trend

Jun05

Jun06

Jun07

Total Assets

0.04

Vortex Brands Co Semi-Annual Data
	Jun05	Jun06	Jun07
Total Assets	-	0.04	-

Vortex Brands Co 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.

Vortex Brands Co's Total Assets for the fiscal year that ended in Jun. 2007 is calculated as

Total Assets	=	Total Equity (A: Jun. 2007 )	+	Total Liabilities (A: Jun. 2007 )
	=	-0.017	+	0.017
	=	0.00

Vortex Brands Co's Total Assets for the quarter that ended in Jun. 2007 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2007 )	+	Total Liabilities (Q: Jun. 2007 )
	=	-0.017	+	0.017
	=	0.00

Vortex Brands Co (OTCPK:VTXB) Total Assets Explanation

Total Assets is connected with ROA %.

Vortex Brands Co's annualized ROA % for the quarter that ended in Jun. 2007 is

ROA %	=	Net Income (Q: Jun. 2007 )	/	( (Total Assets (Q: Jun. 2006 )	+	Total Assets (Q: Jun. 2007 ))	/ count )
	=	-0.038	/	( (0.036	+	0)	/ 1 )
	=	-0.038	/	0.036
	=	-105.56 %

Note: The Net Income data used here is one times the annual (Jun. 2007) 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.

Vortex Brands Co's Asset Turnover for the quarter that ended in Jun. 2007 is

	Asset Turnover
=	Revenue (Q: Jun. 2007 )	/	( (Total Assets (Q: Jun. 2006 )	+	Total Assets (Q: Jun. 2007 ))	/ count )
=	0	/	( (0.036	+	0)	/ 1 )
=	0	/	0.036
=	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.

Vortex Brands Co Total Assets Related Terms

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Vortex Brands Co (Vortex Brands Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vortex Brands Co (OTCPK:VTXB) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3511 Del Paso Road, Suite 160 PMB 432, Sacramento, CA, USA, 95835

Website

https://www.vortexbrands.us

Vortex Brands Co has two business operations: Bitcoin Mining and Multi-purpose Phase Angle Synchronization equipment as a service to electric utilities in the United States.

Executives

Alfred M. Dube	director	950 17TH STREET, SUITE 2300, DENVER CO 80202
David Weisgerber	officer: Executive Officer	950 17TH STREET, SUITE 2300, DENVER CO 80202
James Hostetler	officer: Executive Vice President	950 17TH STREET, SUITE 2300, DENVER CO 80202
Brian D. Hughes	director, 10 percent owner	950 17TH STREET, SUITE 2300, DENVER CO 80202
Keith Reeves	officer: Vice President of Exploration	950 17TH STREET, SUITE 2300, DENVER CO 80202
Hughes Lllp Lma	10 percent owner	8400 EAST PRENTICE AVENUE, PH 1500, GREENWOOD VILLAGE CO 80111
Mohamed H. Gova	director, other: Vice Chairman	122 NORTH MAIN STREET, SHERIDAN WY 82801
Paul Stroud	director, officer: PRESIDENT & CEO	950 SEVENTEENTH STREET, SUITE 2300, DENVER CO 80202
Pierre Besuchet	director	29 QUAI DES BERGUES, GENEVA V8 1201
Al Fahim Abdul Majeed Ismail	director	950 17TH STREET, SUITE 2300, DENVER CO 80202