Nuinsco Resources (FRA:NJX) Total Assets : €0.53 Mil (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Nuinsco Resources Total Assets?

Nuinsco Resources's Total Assets for the quarter that ended in Mar. 2024 was €0.53 Mil.

During the past 12 months, Nuinsco Resources's average Total Assets Growth Rate was -45.60% per year. During the past 3 years, the average Total Assets Growth Rate was -17.70% per year. During the past 5 years, the average Total Assets Growth Rate was 7.60% per year. During the past 10 years, the average Total Assets Growth Rate was -13.90% per year.

During the past 13 years, Nuinsco Resources's highest 3-Year average Total Assets Growth Rate was 76.30%. The lowest was -83.80%. And the median was -0.80%.

Total Assets is connected with ROA %. Nuinsco Resources's annualized ROA % for the quarter that ended in Mar. 2024 was -48.51%. Total Assets is also linked to Revenue through Asset Turnover. Nuinsco Resources's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Nuinsco Resources Total Assets Historical Data

The historical data trend for Nuinsco Resources'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.

Nuinsco Resources Total Assets Chart

Nuinsco Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

0.73

0.85

1.28

1.17

0.54

Nuinsco Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1.02	1.07	1.02	0.54	0.53

Nuinsco Resources 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.

Nuinsco Resources's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	-1.491	+	2.032
	=	0.54

Nuinsco Resources's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	-1.54	+	2.071
	=	0.53

Nuinsco Resources (FRA:NJX) Total Assets Explanation

Total Assets is connected with ROA %.

Nuinsco Resources's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-0.26	/	( (0.541	+	0.531)	/ 2 )
	=	-0.26	/	0.536
	=	-48.51 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Nuinsco Resources's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (0.541	+	0.531)	/ 2 )
=	0	/	0.536
=	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.

Nuinsco Resources Total Assets Related Terms

Thank you for viewing the detailed overview of Nuinsco Resources's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuinsco Resources (FRA:NJX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nuinsco Resources Ltd (FRA:NJX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NWIFF:USA

Address

80 Richmond Street West, Suite 1802, Toronto, ON, CAN, M5H 2A4

Website

https://www.nuinsco.ca

Nuinsco Resources Ltd operates as an exploration and development company in Canada. It is primarily engaged in the acquisition, exploration, and evaluation of properties for precious and base metals. The company also makes strategic investments through equity or loan financing to companies engaged in the exploration and development of resource properties. Its project portfolio includes Prairie Lake project, and Sunbeam project; and EI Sid project - Gold located in Egypt.

Nuinsco Resources (FRA:NJX) Headlines

No Headlines