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Continental Gold (Continental Gold) Total Assets : $743.52 Mil (As of Sep. 2019)


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What is Continental Gold Total Assets?

Continental Gold's Total Assets for the quarter that ended in Sep. 2019 was $743.52 Mil.

Total Assets is connected with ROA %. Continental Gold's annualized ROA % for the quarter that ended in Sep. 2019 was -4.73%. Total Assets is also linked to Revenue through Asset Turnover. Continental Gold's Asset Turnover for the quarter that ended in Sep. 2019 was 0.00.


Continental Gold Total Assets Historical Data

The historical data trend for Continental 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.

* Premium members only.

Continental Gold Total Assets Chart

Continental Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 268.50 259.77 276.76 488.65 717.02

Continental Gold Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 669.25 717.02 590.12 690.02 743.52

Continental 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.

Continental Gold's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (A: Dec. 2018 )+Total Liabilities (A: Dec. 2018 )
=344.31+372.713
=717.02

Continental Gold's Total Assets for the quarter that ended in Sep. 2019 is calculated as

Total Assets=Total Equity (Q: Sep. 2019 )+Total Liabilities (Q: Sep. 2019 )
=156.138+587.381
=743.52

* 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.


Continental Gold  (OTCPK:CGOOF) Total Assets Explanation

Total Assets is connected with ROA %.

Continental Gold's annualized ROA % for the quarter that ended in Sep. 2019 is

ROA %=Net Income (Q: Sep. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Sep. 2019 ))/ count )
=-33.896/( (690.017+743.519)/ 2 )
=-33.896/716.768
=-4.73 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) 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.

Continental Gold's Asset Turnover for the quarter that ended in Sep. 2019 is

Asset Turnover
=Revenue (Q: Sep. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Sep. 2019 ))/ count )
=0/( (690.017+743.519)/ 2 )
=0/716.768
=0.00

* 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.

Continental Gold Total Assets Related Terms

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Continental Gold (Continental Gold) Business Description

Traded in Other Exchanges
N/A
Address
155 Wellington Street West, Suite 2920, Toronto, ON, CAN, M5V 3H1
Continental Gold Inc is a gold mining company. It acquires, explores and develops mineral properties in Colombia. Its Buritica project is a high-grade gold deposit located northwest from Medellin, Colombia. located in the Antioquia Department, north of Medellin. The principal activity from which the company generates revenue is from gold bullion sales, including pre-production revenues, to third parties.

Continental Gold (Continental Gold) Headlines

From GuruFocus

Continental Gold Provides Construction Update

By GlobeNewswire GlobeNewswire 04-10-2018