Austin Gold (Austin Gold) Total Assets : $12.01 Mil (As of Dec. 2023)

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

What is Austin Gold Total Assets?

Austin Gold's Total Assets for the quarter that ended in Dec. 2023 was $12.01 Mil.

During the past 12 months, Austin Gold's average Total Assets Growth Rate was -4.60% per year. During the past 3 years, the average Total Assets Growth Rate was 34.10% per year.

During the past 4 years, Austin Gold's highest 3-Year average Total Assets Growth Rate was 34.10%. The lowest was 34.10%. And the median was 34.10%.

Total Assets is connected with ROA %. Austin Gold's annualized ROA % for the quarter that ended in Dec. 2023 was -54.86%. Total Assets is also linked to Revenue through Asset Turnover. Austin Gold's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Austin Gold Total Assets Historical Data

The historical data trend for Austin 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.

* Premium members only.

Austin Gold Total Assets Chart

Austin Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

2.93

2.59

14.88

12.01

Austin Gold Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial									14.88	14.61	13.05	12.83	12.01

Austin 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.

Austin Gold's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	11.329	+	0.677
	=	12.01

Austin 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 )
	=	11.329	+	0.677
	=	12.01

Austin Gold (AMEX:AUST) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-6.812	/	( (12.827	+	12.005)	/ 2 )
	=	-6.812	/	12.416
	=	-54.86 %

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.

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

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (12.827	+	12.005)	/ 2 )
=	0	/	12.416
=	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.

Austin Gold Total Assets Related Terms

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

Austin Gold (Austin Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Austin Gold Corp (AMEX:AUST) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.austin.gold

Austin Gold Corp is a gold exploration and development company focused on gold targets and making district-scale gold discoveries in Nevada. Its projects include Kelly Creek in Humboldt County, Lone Mountain and Miller in Elko County, and Fourmile Basin in Nye County.