Lexington Gold (FRA:XX40) Total Assets : €4.83 Mil (As of Jun. 2023)

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What is Lexington Gold Total Assets?

Lexington Gold's Total Assets for the quarter that ended in Jun. 2023 was €4.83 Mil.

During the past 12 months, Lexington Gold's average Total Assets Growth Rate was 9.60% per year. During the past 3 years, the average Total Assets Growth Rate was 1138.70% per year.

During the past 5 years, Lexington Gold's highest 3-Year average Total Assets Growth Rate was 1138.70%. The lowest was 642.40%. And the median was 890.55%.

Total Assets is connected with ROA %. Lexington Gold's annualized ROA % for the quarter that ended in Jun. 2023 was -15.46%. Total Assets is also linked to Revenue through Asset Turnover. Lexington Gold's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Lexington Gold Total Assets Historical Data

The historical data trend for Lexington 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.

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Lexington Gold Total Assets Chart

Lexington Gold Annual Data

Trend

Jun18

Jun19

Dec20

Dec21

Dec22

Total Assets

0.43

0.18

4.48

4.21

4.77

Lexington Gold Semi-Annual Data
	Dec18	Jun19	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial				4.17	4.21	4.52	4.77	4.83

Lexington 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.

Lexington Gold's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	4.681	+	0.09
	=	4.77

Lexington Gold's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	4.201	+	0.627
	=	4.83

Lexington Gold (FRA:XX40) Total Assets Explanation

Total Assets is connected with ROA %.

Lexington Gold's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-0.742	/	( (4.771	+	4.827)	/ 2 )
	=	-0.742	/	4.799
	=	-15.46 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Lexington Gold's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	0	/	( (4.771	+	4.827)	/ 2 )
=	0	/	4.799
=	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.

Lexington Gold Total Assets Related Terms

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Lexington Gold (FRA:XX40) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lexington Gold Ltd (FRA:XX40) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LEX:UK

Address

Clarendon House, 2 Church Street, Hamilton, BMU, HM 11

Website

https://www.lexingtongold.co.uk

Lexington Gold Ltd is engaged in the gold exploration and development of its four gold projects in North and South Carolina, USA. The Company comprises the following reportable segments such as Corporate and Exploration activities. The projects are situated in the Carolina Super Terrane and are host to a number of multi-million-ounce mines operated. Its projects include Jennings-Pioneer Project, Argo Project, Carolina Belle Project, And Jones Keystone & Loflin Project (JKL).

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