Alacer Gold's Total Assets for the quarter that ended in Jun. 2020 was $1,596.7 Mil.
Warning Sign:
If a company builds asset at 32.4% a year, faster than its revenue growth rate of 6.6% over the past 5 years, it means that the company may be getting less efficent.
During the past 12 months, Alacer Gold's average Total Assets Growth Rate was -2.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 26.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 32.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 17.40% per year.
During the past 13 years, Alacer Gold's highest 3-Year average Total Assets Growth Rate was 221.30%. The lowest was -36.00%. And the median was 26.30%.
The historical data trend for Alacer 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.
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.
Alacer Gold's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as
* 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.
Alacer Gold (OTCPK:ALIAF) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jun. 2020) 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.
Alacer Gold's Asset Turnover for the quarter that ended in Jun. 2020 is
* 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.
Alacer Gold Total Assets Related Terms
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Alacer Gold Corp is a gold mining company. The group operates in one reportable operating segment consisting of mining, development, and exploration of mineral deposits in Turkey. It is focused on two parts of exploration: the Copler District and Turkey Regional. Geographically, it generates maximum revenue from the Turkey business unit.
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