Galway Metals (Galway Metals) Total Assets : $10.61 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Galway Metals Total Assets?

Galway Metals's Total Assets for the quarter that ended in Dec. 2023 was $10.61 Mil.

During the past 12 months, Galway Metals's average Total Assets Growth Rate was 4.70% per year. During the past 3 years, the average Total Assets Growth Rate was 5.10% per year. During the past 5 years, the average Total Assets Growth Rate was 15.40% per year. During the past 10 years, the average Total Assets Growth Rate was 55.60% per year.

During the past 12 years, Galway Metals's highest 3-Year average Total Assets Growth Rate was 197.80%. The lowest was -50.60%. And the median was 31.40%.

Total Assets is connected with ROA %. Galway Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -20.51%. Total Assets is also linked to Revenue through Asset Turnover. Galway Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Galway Metals Total Assets Historical Data

The historical data trend for Galway Metals'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.

Galway Metals Total Assets Chart

Galway Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

9.64

19.31

16.21

11.95

10.61

Galway Metals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															13.65	11.95	10.70	11.59	10.61

Galway Metals 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.

Galway Metals'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 )
	=	9.523	+	1.083
	=	10.61

Galway Metals'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 )
	=	9.523	+	1.083
	=	10.61

Galway Metals (OTCPK:GAYMF) Total Assets Explanation

Total Assets is connected with ROA %.

Galway Metals'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 )
	=	-2.276	/	( (11.59	+	10.606)	/ 2 )
	=	-2.276	/	11.098
	=	-20.51 %

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.

Galway Metals'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	/	( (11.59	+	10.606)	/ 2 )
=	0	/	11.098
=	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.

Galway Metals Total Assets Related Terms

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

Galway Metals (Galway Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Galway Metals Inc (OTCPK:GAYMF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

GWM:Canada

Address

82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1

Website

https://www.galwaymetalsinc.com

Galway Metals Inc is an exploration-stage company. It is in the process of exploring for, and delineating resources at the Clarence Stream and Estrades gold projects, located in Canada's jurisdictions of New Brunswick and Quebec, respectively. The company's only operating segment is the acquisition, exploration, and development of mineral resource properties. It explores for gold at Clarence Stream and gold, silver, zinc, copper, and lead at Estrades.