GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dinero Ventures Ltd (TSXV:DNO) » Definitions » Total Assets

Dinero Ventures (TSXV:DNO) Total Assets : C$1.04 Mil (As of Feb. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Dinero Ventures Total Assets?

Dinero Ventures's Total Assets for the quarter that ended in Feb. 2024 was C$1.04 Mil.

During the past 12 months, Dinero Ventures's average Total Assets Growth Rate was 43.00% per year.

Total Assets is connected with ROA %. Dinero Ventures's annualized ROA % for the quarter that ended in Feb. 2024 was -9.68%. Total Assets is also linked to Revenue through Asset Turnover. Dinero Ventures's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.


Dinero Ventures Total Assets Historical Data

The historical data trend for Dinero Ventures'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.

Dinero Ventures Total Assets Chart

Dinero Ventures Annual Data
Trend Nov21 Nov22 Nov23
Total Assets
0.65 0.99 1.11

Dinero Ventures Quarterly Data
May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.94 0.89 0.89 1.11 1.04

Dinero Ventures 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.

Dinero Ventures's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets=Total Equity (A: Nov. 2023 )+Total Liabilities (A: Nov. 2023 )
=1.039+0.074
=1.11

Dinero Ventures's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=1.012+0.023
=1.04

* 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.


Dinero Ventures  (TSXV:DNO) Total Assets Explanation

Total Assets is connected with ROA %.

Dinero Ventures's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-0.104/( (1.113+1.035)/ 2 )
=-0.104/1.074
=-9.68 %

Note: The Net Income data used here is four times the quarterly (Feb. 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.

Dinero Ventures's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=0/( (1.113+1.035)/ 2 )
=0/1.074
=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.

Dinero Ventures Total Assets Related Terms

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


Dinero Ventures (TSXV:DNO) Business Description

Traded in Other Exchanges
N/A
Address
905 Columbia Street, Box 224, Stewart, BC, CAN, V0T 1W0
Website
Dinero Ventures Ltd is engaged in the business of exploration of mineral properties. The company owns a 100% interest in the Raven Project located in the Lillooet Mining Division of British Columbia, Canada.

Dinero Ventures (TSXV:DNO) Headlines

From GuruFocus

USCF Announces Changes To Product Line

By PRNewswire PRNewswire 08-08-2018