Banyan Gold (TSXV:BYN) Total Assets : C$57.79 Mil (As of Dec. 2023)

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What is Banyan Gold Total Assets?

Banyan Gold's Total Assets for the quarter that ended in Dec. 2023 was C$57.79 Mil.

During the past 12 months, Banyan Gold's average Total Assets Growth Rate was 40.40% per year. During the past 3 years, the average Total Assets Growth Rate was 90.80% per year. During the past 5 years, the average Total Assets Growth Rate was 59.60% per year. During the past 10 years, the average Total Assets Growth Rate was 76.50% per year.

During the past 12 years, Banyan Gold's highest 3-Year average Total Assets Growth Rate was 299.50%. The lowest was 25.40%. And the median was 58.15%.

Total Assets is connected with ROA %. Banyan Gold's annualized ROA % for the quarter that ended in Dec. 2023 was -7.59%. Total Assets is also linked to Revenue through Asset Turnover. Banyan Gold's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Banyan Gold Total Assets Historical Data

The historical data trend for Banyan 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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Banyan Gold Total Assets Chart

Banyan Gold Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Total Assets

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5.20

5.63

13.45

32.02

48.36

Banyan Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															48.36	58.78	59.55	59.42	57.79

Banyan 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.

Banyan Gold's Total Assets for the fiscal year that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (A: Sep. 2022 )	+	Total Liabilities (A: Sep. 2022 )
	=	37.807	+	10.554
	=	48.36

Banyan Gold'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 )
	=	48.616	+	9.178
	=	57.79

Banyan Gold (TSXV:BYN) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-4.448	/	( (59.423	+	57.793)	/ 2 )
	=	-4.448	/	58.608
	=	-7.59 %

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.

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

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (59.423	+	57.793)	/ 2 )
=	0	/	58.608
=	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.

Banyan Gold Total Assets Related Terms

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Banyan Gold (TSXV:BYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Banyan Gold Corp (TSXV:BYN) » Definitions » Total Assets

Comparable Companies

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BYAGF:USA BAJ:Germany

Address

166 Cougarstone Crescent SW, Calgary, AB, CAN, T3H 4Z5

Website

https://www.banyangold.com

Banyan Gold Corp is a mining company based in Canada. It is mainly engaged in the acquisition, discovery, and development of mineral properties. The company holds an interest in Hyland Gold Project which is located in the Watson Lake Mining District in southeast Yukon, Aurex-McQuesten Gold Project which is located in the Mayo Mining district and Nitra claims.

Executives

David Rutt

10% Security Holder, Director, Senior Officer