Twin Total Assets from 2010 to 2024

VEEE Stock  USD 0.41  0.01  2.38%   
Twin Vee's Total Assets are increasing over the years with slightly volatile fluctuation. Total Assets are expected to dwindle to about 23.2 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
39.8 M
Current Value
23.2 M
Quarterly Volatility
13.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Twin Vee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Twin Vee's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 190.5 K or Selling General Administrative of 10.9 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0 or PTB Ratio of 0.55. Twin financial statements analysis is a perfect complement when working with Twin Vee Valuation or Volatility modules.
  
Check out the analysis of Twin Vee Correlation against competitors.

Latest Twin Vee's Total Assets Growth Pattern

Below is the plot of the Total Assets of Twin Vee Powercats over the last few years. Total assets refers to the total amount of Twin Vee assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Twin Vee Powercats books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Twin Vee's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Twin Vee's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 39.85 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Twin Total Assets Regression Statistics

Arithmetic Mean9,930,517
Geometric Mean4,679,361
Coefficient Of Variation137.33
Mean Deviation10,953,610
Median2,257,904
Standard Deviation13,637,836
Sample Variance186T
Range37.6M
R-Value0.74
Mean Square Error90.5T
R-Squared0.55
Significance0
Slope2,257,421
Total Sum of Squares2603.9T

Twin Total Assets History

202423.2 M
202339.8 M
202238.2 M
202120.6 M
20204.5 M

Other Fundumenentals of Twin Vee Powercats

Twin Vee Total Assets component correlations

0.990.95-0.69-0.95-0.810.98-0.70.960.991.00.990.990.950.990.94-0.53
0.990.94-0.74-0.96-0.740.94-0.670.911.00.990.970.990.90.970.95-0.48
0.950.94-0.71-0.91-0.890.92-0.870.920.940.940.950.940.910.950.89-0.74
-0.69-0.74-0.710.690.4-0.560.59-0.62-0.74-0.69-0.64-0.7-0.48-0.64-0.810.34
-0.95-0.96-0.910.690.76-0.920.65-0.84-0.96-0.97-0.92-0.97-0.84-0.92-0.830.5
-0.81-0.74-0.890.40.76-0.880.9-0.88-0.75-0.79-0.84-0.78-0.88-0.84-0.670.88
0.980.940.92-0.56-0.92-0.88-0.710.970.940.970.990.970.980.990.87-0.58
-0.7-0.67-0.870.590.650.9-0.71-0.78-0.67-0.67-0.71-0.67-0.71-0.71-0.660.95
0.960.910.92-0.62-0.84-0.880.97-0.780.910.930.970.920.970.970.92-0.63
0.991.00.94-0.74-0.96-0.750.94-0.670.910.990.970.990.90.970.95-0.48
1.00.990.94-0.69-0.97-0.790.97-0.670.930.990.981.00.930.980.92-0.5
0.990.970.95-0.64-0.92-0.840.99-0.710.970.970.980.980.981.00.93-0.55
0.990.990.94-0.7-0.97-0.780.97-0.670.920.991.00.980.920.980.92-0.49
0.950.90.91-0.48-0.84-0.880.98-0.710.970.90.930.980.920.980.87-0.6
0.990.970.95-0.64-0.92-0.840.99-0.710.970.970.981.00.980.980.93-0.55
0.940.950.89-0.81-0.83-0.670.87-0.660.920.950.920.930.920.870.93-0.43
-0.53-0.48-0.740.340.50.88-0.580.95-0.63-0.48-0.5-0.55-0.49-0.6-0.55-0.43
Click cells to compare fundamentals

About Twin Vee Financial Statements

Twin Vee stakeholders use historical fundamental indicators, such as Twin Vee's Total Assets, to determine how well the company is positioned to perform in the future. Although Twin Vee investors may analyze each financial statement separately, they are all interrelated. For example, changes in Twin Vee's assets and liabilities are reflected in the revenues and expenses on Twin Vee's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Twin Vee Powercats. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets39.8 M23.2 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Twin Vee Powercats is a strong investment it is important to analyze Twin Vee's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Twin Vee's future performance. For an informed investment choice regarding Twin Stock, refer to the following important reports:
Check out the analysis of Twin Vee Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Twin Vee. If investors know Twin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Twin Vee listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.678
Earnings Share
(1.05)
Revenue Per Share
2.734
Quarterly Revenue Growth
(0.47)
Return On Assets
(0.19)
The market value of Twin Vee Powercats is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Vee's value that differs from its market value or its book value, called intrinsic value, which is Twin Vee's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Twin Vee's market value can be influenced by many factors that don't directly affect Twin Vee's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Twin Vee's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Vee is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Vee's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.