Gold Reserve (STU:GODA) Total Assets : €36.44 Mil (As of Dec. 2023)

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What is Gold Reserve Total Assets?

Gold Reserve's Total Assets for the quarter that ended in Dec. 2023 was €36.44 Mil.

During the past 12 months, Gold Reserve's average Total Assets Growth Rate was -93.30% per year. During the past 3 years, the average Total Assets Growth Rate was -61.00% per year. During the past 5 years, the average Total Assets Growth Rate was -41.70% per year. During the past 10 years, the average Total Assets Growth Rate was -13.80% per year.

During the past 13 years, Gold Reserve's highest 3-Year average Total Assets Growth Rate was 51.40%. The lowest was -61.00%. And the median was -2.80%.

Total Assets is connected with ROA %. Gold Reserve's annualized ROA % for the quarter that ended in Dec. 2023 was -21.17%. Total Assets is also linked to Revenue through Asset Turnover. Gold Reserve's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Gold Reserve Total Assets Historical Data

The historical data trend for Gold Reserve'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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Gold Reserve Total Assets Chart

Gold Reserve Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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72.24

57.08

53.67

49.98

36.44

Gold Reserve Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															49.98	47.81	46.29	38.81	36.44

Gold Reserve 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.

Gold Reserve'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 )
	=	26.203	+	10.238
	=	36.44

Gold Reserve's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	26.203	+	10.238
	=	36.44

Gold Reserve (STU:GODA) Total Assets Explanation

Total Assets is connected with ROA %.

Gold Reserve's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-7.964	/	( (38.806	+	36.442)	/ 2 )
	=	-7.964	/	37.624
	=	-21.17 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Gold Reserve's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (38.806	+	36.442)	/ 2 )
=	0	/	37.624
=	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.

Gold Reserve Total Assets Related Terms

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Gold Reserve (STU:GODA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Reserve Inc (STU:GODA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

GDRZF:USA GODA:Germany GRZ:Canada

Address

999 West Riverside Avenue, Suite 401, Spokane, WA, USA, 99201

Website

https://www.goldreserveinc.com

Gold Reserve Inc, along with its subsidiaries, is engaged in the business of acquiring, exploring, and developing mining projects. Its primary business activities have been the collection of the remaining amounts owed to the company by Venezuela and, the advancement of the Siembra Minera Project. . Siembra Minera project was granted certain gold, copper, silver, and other strategic mineral rights.

Gold Reserve (STU:GODA) Headlines

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