GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guskin Gold Corp (OTCPK:GKIN) » Definitions » Total Assets

Guskin Gold (Guskin Gold) Total Assets : $0.17 Mil (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Guskin Gold Total Assets?

Guskin Gold's Total Assets for the quarter that ended in Dec. 2023 was $0.17 Mil.

During the past 12 months, Guskin Gold's average Total Assets Growth Rate was -15.40% per year.

During the past 13 years, Guskin Gold's highest 3-Year average Total Assets Growth Rate was 325.40%. The lowest was 0.10%. And the median was 162.75%.

Total Assets is connected with ROA %. Guskin Gold's annualized ROA % for the quarter that ended in Dec. 2023 was 384.57%. Total Assets is also linked to Revenue through Asset Turnover. Guskin Gold's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Guskin Gold Total Assets Historical Data

The historical data trend for Guskin 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.

Guskin Gold Total Assets Chart

Guskin Gold Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.21 0.17

Guskin Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.23 0.23 0.17 0.17

Guskin 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.

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

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=-2.569+2.737
=0.17

Guskin 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 )
=-2.393+2.561
=0.17

* 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.


Guskin Gold  (OTCPK:GKIN) Total Assets Explanation

Total Assets is connected with ROA %.

Guskin 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 )
=0.648/( (0.168+0.169)/ 2 )
=0.648/0.1685
=384.57 %

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.

Guskin 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/( (0.168+0.169)/ 2 )
=0/0.1685
=0.00

* 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.

Guskin Gold Total Assets Related Terms

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


Guskin Gold (Guskin Gold) Business Description

Traded in Other Exchanges
N/A
Address
4500 Great America Parkway, Suite 100, PMB 38, Santa Clara, CA, USA, 95054
Guskin Gold Corp is an early-stage development company focusing on the acquisition and exploration of gold properties and the development of gold mining operations in the Republic of Ghana. It holds an interest in the Kukuom Gold project and The TEPA Gold Mine.
Executives
Scott J Silverman director, 10 percent owner, officer: CEO, CFO, Pres, Sec. & Treas 1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134
Trig Special Purpose I, Llc 10 percent owner 590 MADISON AVENUE, SUITE 2127, NEW YORK NY 10022