Turner Venture Group Inc
Turner Valley Oil & Gas, Inc. does not have significant operations. Previously, the company was involved in the exploration, development, and production of oil and gas properties in Alberta, Canada. It intends to acquire assets or a business unit within the health, wellness, sanitation, infrastructure, and supply chain technology segments. The company was formerly known as NetParts.com. Turner Va… Read more
Turner Venture Group Inc (TVOG) - Total Assets
Latest total assets as of December 2016: $0.26 USD
Based on the latest financial reports, Turner Venture Group Inc (TVOG) holds total assets worth $0.26 USD as of December 2016.
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.
Turner Venture Group Inc - Total Assets Trend (1999–2021)
This chart illustrates how Turner Venture Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Turner Venture Group Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Turner Venture Group Inc's total assets of $0.26 consist of 44.2% current assets and 55.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $3.38K | 12.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1999–2021)
This chart illustrates how Turner Venture Group Inc'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: Turner Venture Group Inc's current assets represent 44.2% of total assets in 2021, a decrease from 100.0% in 1999.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2021, down from 100.0% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is inventory at 12.6% of total assets.
Turner Venture Group Inc Competitors by Total Assets
Key competitors of Turner Venture Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lonkey Industrial Co Ltd Guangzhou
SHE:000523
|
China | CN¥3.66 Billion |
|
Taiyen Biotech Co Ltd
TW:1737
|
Taiwan | NT$8.26 Billion |
|
Tianjin Yiyi Hygiene Products Co Ltd
SHE:001206
|
China | CN¥2.20 Billion |
|
Hunan Resun Co Ltd
SHE:001218
|
China | CN¥3.08 Billion |
|
Dencare (Chongqing) Oral Care Co. Ltd. A
SHE:001328
|
China | CN¥1.90 Billion |
|
Qingdao Kingking Applied Chemistry Co Ltd
SHE:002094
|
China | CN¥3.19 Billion |
|
C&S Paper Co Ltd
SHE:002511
|
China | CN¥9.17 Billion |
|
Anhui Deli Household Glass Co Ltd
SHE:002571
|
China | CN¥3.08 Billion |
Turner Venture Group Inc - 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 - Turner Venture Group Inc 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 - Turner Venture Group Inc is currently not profitable relative to its asset base.
Turner Venture Group Inc - 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 | 0.00 | 0.43 | 31.42 |
| Quick Ratio | 0.00 | 0.43 | 31.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-301.46 | $ -33.63K | $ 9.10K |
Turner Venture Group Inc - Advanced Valuation Insights
This section examines the relationship between Turner Venture Group Inc'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 | - |
| Latest Market Cap to Assets Ratio | 2.38 |
| Asset Growth Rate (YoY) | -61.2% |
| Total Assets | $26.88K |
| Market Capitalization | $63.89K USD |
Valuation Analysis
Premium Asset Valuation: The market values Turner Venture Group Inc's assets at a significant premium ( 2.38x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Turner Venture Group Inc's assets decreased by 61.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Turner Venture Group Inc (1999–2021)
The table below shows the annual total assets of Turner Venture Group Inc from 1999 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $26.88K | -61.24% |
| 2020-12-31 | $69.34K | +714.28% |
| 2019-12-31 | $8.52K | +3275284.62% |
| 2016-12-31 | $0.26 | +1200.00% |
| 2015-12-31 | $0.02 | -100.00% |
| 2014-12-31 | $27.51K | +25.02% |
| 2013-12-31 | $22.00K | -78.42% |
| 2008-12-31 | $101.95K | 0.00% |
| 2007-12-31 | $101.95K | -93.49% |
| 2006-12-31 | $1.57 Million | +256.72% |
| 2005-12-31 | $439.27K | +78.02% |
| 2004-12-31 | $246.76K | -20.42% |
| 2003-12-31 | $310.07K | +25934.09% |
| 2000-12-31 | $1.19K | -85.48% |
| 1999-12-31 | $8.20K | -- |