Battle North Gold (Battle North Gold) Total Assets : $48.79 Mil (As of Mar. 2021)

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What is Battle North Gold Total Assets?

Battle North Gold's Total Assets for the quarter that ended in Mar. 2021 was $48.79 Mil.

During the past 12 months, Battle North Gold's average Total Assets Growth Rate was 12.00% per year. During the past 3 years, the average Total Assets Growth Rate was -4.80% per year. During the past 5 years, the average Total Assets Growth Rate was -11.00% per year. During the past 10 years, the average Total Assets Growth Rate was -24.30% per year.

During the past 13 years, Battle North Gold's highest 3-Year average Total Assets Growth Rate was 71.10%. The lowest was -48.00%. And the median was 22.50%.

Total Assets is connected with ROA %. Battle North Gold's annualized ROA % for the quarter that ended in Mar. 2021 was -52.71%. Total Assets is also linked to Revenue through Asset Turnover. Battle North Gold's Asset Turnover for the quarter that ended in Mar. 2021 was 0.00.

Battle North Gold Total Assets Historical Data

The historical data trend for Battle North Gold'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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Battle North Gold Total Assets Chart

Battle North Gold Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Assets

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39.81

37.25

30.45

28.05

53.77

Battle North Gold Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Total Assets	Get a 7-Day Free Trial															28.28	26.09	67.70	53.77	48.79

Battle North Gold 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.

Battle North Gold's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (A: Dec. 2020 )	+	Total Liabilities (A: Dec. 2020 )
	=	42.259	+	11.511
	=	53.77

Battle North Gold's Total Assets for the quarter that ended in Mar. 2021 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2021 )	+	Total Liabilities (Q: Mar. 2021 )
	=	37.103	+	11.691
	=	48.79

Battle North Gold (OTCPK:BNAUF) Total Assets Explanation

Total Assets is connected with ROA %.

Battle North Gold's annualized ROA % for the quarter that ended in Mar. 2021 is

ROA %	=	Net Income (Q: Mar. 2021 )	/	( (Total Assets (Q: Dec. 2020 )	+	Total Assets (Q: Mar. 2021 ))	/ count )
	=	-27.032	/	( (53.771	+	48.794)	/ 2 )
	=	-27.032	/	51.2825
	=	-52.71 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) 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.

Battle North Gold's Asset Turnover for the quarter that ended in Mar. 2021 is

	Asset Turnover
=	Revenue (Q: Mar. 2021 )	/	( (Total Assets (Q: Dec. 2020 )	+	Total Assets (Q: Mar. 2021 ))	/ count )
=	0	/	( (53.771	+	48.794)	/ 2 )
=	0	/	51.2825
=	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.

Battle North Gold Total Assets Related Terms

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Battle North Gold (Battle North Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Battle North Gold Corp (OTCPK:BNAUF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 King Street West, Suite 830, Toronto, ON, CAN, M5H 3T9

Website

http://www.battlenorthgold.com

Battle North Gold Corp is an exploration company focused on gold mining. The company's projects include Bateman Gold Project, Red Lake Properties, Nevada Properties, and others.

Executives

Robert Ross Mcewen	other: See Footnote (1)	2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Lexam Explorations (u.s.a.) Inc.	other: See Footnote (1) below	99 GEORGE 3RD FLOOR TORONTO A6 M5A 2N4
Evanachan Ltd	10 percent owner, other: See Footnote (1)	99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4
Mcewen Trading Lp	other: See Footnote (1)	99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4