Lotus Ventures (XCNQ:J) Total Assets : C$13.90 Mil (As of Aug. 2023)

Lotus Ventures Total Assets Chart

Lotus Ventures Annual Data
	Trend	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21	Aug22
Total Assets		Get a 7-Day Free Trial					9.29	15.59	16.91	16.91	13.47

Lotus Ventures Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Total Assets	Get a 7-Day Free Trial															13.47	13.57	13.96	13.83	13.90

Lotus Ventures 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.

Lotus Ventures's Total Assets for the fiscal year that ended in Aug. 2022 is calculated as

Lotus Ventures's Total Assets for the quarter that ended in Aug. 2023 is calculated as

* 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.

Lotus Ventures  (XCNQ:J) Total Assets Explanation

Total Assets is connected with ROA %.

Lotus Ventures's annualized ROA % for the quarter that ended in Aug. 2023 is

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

Lotus Ventures's Asset Turnover for the quarter that ended in Aug. 2023 is

* 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.

Lotus Ventures Total Assets Related Terms

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

Lotus Ventures (XCNQ:J) Business Description