Windfall Geotek (Windfall Geotek) Total Assets : $1.11 Mil (As of Nov. 2023)

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What is Windfall Geotek Total Assets?

Windfall Geotek's Total Assets for the quarter that ended in Nov. 2023 was $1.11 Mil.

During the past 12 months, Windfall Geotek's average Total Assets Growth Rate was -41.90% per year. During the past 3 years, the average Total Assets Growth Rate was -26.40% per year. During the past 5 years, the average Total Assets Growth Rate was -23.60% per year. During the past 10 years, the average Total Assets Growth Rate was 11.20% per year.

During the past 13 years, Windfall Geotek's highest 3-Year average Total Assets Growth Rate was 283.90%. The lowest was -83.80%. And the median was -5.20%.

Total Assets is connected with ROA %. Windfall Geotek's annualized ROA % for the quarter that ended in Nov. 2023 was -120.60%. Total Assets is also linked to Revenue through Asset Turnover. Windfall Geotek's Asset Turnover for the quarter that ended in Nov. 2023 was 0.04.

Windfall Geotek Total Assets Historical Data

The historical data trend for Windfall Geotek'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.

Windfall Geotek Total Assets Chart

Windfall Geotek Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Total Assets

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0.52

0.80

2.52

2.58

1.88

Windfall Geotek Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Assets	Get a 7-Day Free Trial															1.84	1.88	1.77	1.50	1.11

Windfall Geotek 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.

Windfall Geotek's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets	=	Total Equity (A: Feb. 2023 )	+	Total Liabilities (A: Feb. 2023 )
	=	1.804	+	0.074
	=	1.88

Windfall Geotek's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	1.042	+	0.067
	=	1.11

Windfall Geotek (OTCPK:WINKF) Total Assets Explanation

Total Assets is connected with ROA %.

Windfall Geotek's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	-1.572	/	( (1.499	+	1.108)	/ 2 )
	=	-1.572	/	1.3035
	=	-120.60 %

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

Windfall Geotek's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	0.055	/	( (1.499	+	1.108)	/ 2 )
=	0.055	/	1.3035
=	0.04

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.

Windfall Geotek Total Assets Related Terms

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Windfall Geotek (Windfall Geotek) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Windfall Geotek Inc (OTCPK:WINKF) » Definitions » Total Assets

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L7C2:Germany WIN:Canada

Address

7005 Boulevard Taschereau, Suite 265, Brossard, QC, CAN, J4Z 1A7

Website

https://www.windfallgeotek.com

Windfall Geotek Inc is an Artificial Intelligence company developing its proprietary CARDS analysis and data mining techniques. The Company is exploring a new business model through which it will advance projects where the CARDS artificial intelligence software platform has identified high-potential targets. The Company has determined that it operates in two segments, being acquisition, exploration and development of mineral properties for economically recoverable reserves in Canada and providing AI services.

Windfall Geotek (Windfall Geotek) Headlines

From GuruFocus

WINDFALL GEOTEK to Webcast Live at VirtualInvestorConferences.com December 8th at 11:30 am

By PRNewswire PRNewswire • 12-03-2020