Victoria Gold (TSX:VGCX) Total Assets : C$1,016.9 Mil (As of Dec. 2023)

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What is Victoria Gold Total Assets?

Victoria Gold's Total Assets for the quarter that ended in Dec. 2023 was C$1,016.9 Mil.

During the past 12 months, Victoria Gold's average Total Assets Growth Rate was 0.70% per year. During the past 3 years, the average Total Assets Growth Rate was 11.40% per year. During the past 5 years, the average Total Assets Growth Rate was 34.60% per year. During the past 10 years, the average Total Assets Growth Rate was 30.90% per year.

During the past 13 years, Victoria Gold's highest 3-Year average Total Assets Growth Rate was 626.40%. The lowest was -43.10%. And the median was 36.75%.

Total Assets is connected with ROA %. Victoria Gold's annualized ROA % for the quarter that ended in Dec. 2023 was 1.01%. Total Assets is also linked to Revenue through Asset Turnover. Victoria Gold's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Victoria Gold Total Assets Historical Data

The historical data trend for Victoria 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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Victoria Gold Total Assets Chart

Victoria Gold Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

Total Assets

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522.62

776.76

891.39

1,016.81

1,016.89

Victoria Gold Quarterly Data
	Feb19	May19	Aug19	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															1,016.81	998.79	1,010.15	1,016.12	1,016.89

Victoria 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.

Victoria 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 )
	=	589.381	+	427.505
	=	1,016.9

Victoria 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 )
	=	589.381	+	427.505
	=	1,016.9

Victoria Gold (TSX:VGCX) Total Assets Explanation

Total Assets is connected with ROA %.

Victoria 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 )
	=	10.252	/	( (1016.118	+	1016.886)	/ 2 )
	=	10.252	/	1016.502
	=	1.01 %

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.

Victoria 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 )
=	96.424	/	( (1016.118	+	1016.886)	/ 2 )
=	96.424	/	1016.502
=	0.09

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.

Victoria Gold Total Assets Related Terms

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Victoria Gold (TSX:VGCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Victoria Gold Corp (TSX:VGCX) » Definitions » Total Assets

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Traded in Other Exchanges

VITFF:USA VI9A:Germany

Address

80 Richmond Street West, Suite 204, Toronto, ON, CAN, M5H 2A4

Website

https://www.vitgoldcorp.com

Victoria Gold Corp is engaged in the acquisition, evaluation, and exploration of mineral properties. Its mining project includes The Eagle Gold Project in Yukon Canada. Eagle is an open pit, heap leach operation located approximately 375 kilometers north of the capital city of Whitehorse. The exploration potential of the company's 100% owned greater Dublin Gulch property is good and includes priority targets Olive-Shamrock and Nugget-Raven.

Executives

John Charles Mcconnell

Director, Senior Officer

Victoria Gold (TSX:VGCX) Headlines

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