Quadro Resources (TSXV:QRO) Total Assets : C$2.61 Mil (As of Jan. 2024)

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What is Quadro Resources Total Assets?

Quadro Resources's Total Assets for the quarter that ended in Jan. 2024 was C$2.61 Mil.

During the past 12 months, Quadro Resources's average Total Assets Growth Rate was -14.40% per year. During the past 3 years, the average Total Assets Growth Rate was 10.70% per year. During the past 5 years, the average Total Assets Growth Rate was 17.90% per year. During the past 10 years, the average Total Assets Growth Rate was 105.10% per year.

During the past 13 years, Quadro Resources's highest 3-Year average Total Assets Growth Rate was 1031.60%. The lowest was -76.50%. And the median was 25.80%.

Total Assets is connected with ROA %. Quadro Resources's annualized ROA % for the quarter that ended in Jan. 2024 was -9.22%. Total Assets is also linked to Revenue through Asset Turnover. Quadro Resources's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Quadro Resources Total Assets Historical Data

The historical data trend for Quadro 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.

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Quadro Resources Total Assets Chart

Quadro Resources Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

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1.61

2.68

4.29

3.41

2.85

Quadro Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															3.29	3.20	2.85	2.68	2.61

Quadro 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.

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

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	2.741	+	0.112
	=	2.85

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

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	2.527	+	0.081
	=	2.61

Quadro Resources (TSXV:QRO) Total Assets Explanation

Total Assets is connected with ROA %.

Quadro Resources's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-0.244	/	( (2.683	+	2.608)	/ 2 )
	=	-0.244	/	2.6455
	=	-9.22 %

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

Quadro Resources's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0	/	( (2.683	+	2.608)	/ 2 )
=	0	/	2.6455
=	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.

Quadro Resources Total Assets Related Terms

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Quadro Resources (TSXV:QRO) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quadro Resources Ltd (TSXV:QRO) » Definitions » Total Assets

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QDROF:USA

Address

1040 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4H1

Website

https://www.quadroresources.com

Quadro Resources Ltd is engaged in the acquisition, exploration, development and evaluation of assets in Canada. It derives majority of its revenues from exploration business and has operations spread across Canada. It has projects in Newfoundland and Labrador region namely Staghorn Gold Project , Long Lake Property and Tulks South Property.

Executives

Terrance Barry Coughlan

Director, Senior Officer

Quadro Resources (TSXV:QRO) Headlines

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