Lake Victoria Mining
Victoria Lake Inc. does not have significant operations. Previously, it was involved in the acquisition, exploration, evaluation, and development of gold properties in Tanzania. The company was formerly known as Lake Victoria Mining Company, Inc. and changed its name to Victoria Lake Inc. in March 2022. Victoria Lake Inc. was incorporated in 2006 and is based in Salt Lake City, Utah. Victoria Lak… Read more
Lake Victoria Mining (LVCA) - Total Assets
Latest total assets as of June 2015: $321.52K USD
Based on the latest financial reports, Lake Victoria Mining (LVCA) holds total assets worth $321.52K USD as of June 2015.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Lake Victoria Mining - Total Assets Trend (2007–2015)
This chart illustrates how Lake Victoria Mining’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lake Victoria Mining - Asset Composition Analysis
Current Asset Composition (March 2015)
Lake Victoria Mining's total assets of $321.52K consist of 37.3% current assets and 62.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 34.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $272.41K | 62.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2015)
This chart illustrates how Lake Victoria Mining's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Lake Victoria Mining's current assets represent 37.3% of total assets in 2015, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 34.7% of total assets in 2015, down from 100.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 62.7% of total assets.
Lake Victoria Mining Competitors by Total Assets
Key competitors of Lake Victoria Mining based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Lake Victoria Mining - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Lake Victoria Mining generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Lake Victoria Mining is currently not profitable relative to its asset base.
Lake Victoria Mining - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.03 | 0.01 | 1.81 |
| Quick Ratio | 0.03 | 0.01 | 1.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.78 Million | $ -2.04 Million | $ 804.59K |
Lake Victoria Mining - Advanced Valuation Insights
This section examines the relationship between Lake Victoria Mining's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.18 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -27.9% |
| Total Assets | $434.29K |
| Market Capitalization | $1.87 USD |
Valuation Analysis
Below Book Valuation: The market values Lake Victoria Mining's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Lake Victoria Mining's assets decreased by 27.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Lake Victoria Mining (2007–2015)
The table below shows the annual total assets of Lake Victoria Mining from 2007 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-03-31 | $434.29K | -27.92% |
| 2014-03-31 | $602.52K | -35.90% |
| 2013-03-31 | $939.96K | -26.14% |
| 2012-03-31 | $1.27 Million | -59.92% |
| 2011-03-31 | $3.17 Million | +103.58% |
| 2010-03-31 | $1.56 Million | +223.33% |
| 2009-03-31 | $482.33K | +373.22% |
| 2008-03-31 | $101.92K | +33875.00% |
| 2007-03-31 | $300.00 | -- |