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Northern Graphite (TSXV:NGC) Total Assets : C$96.28 Mil (As of Sep. 2023)


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What is Northern Graphite Total Assets?

Northern Graphite's Total Assets for the quarter that ended in Sep. 2023 was C$96.28 Mil.

During the past 12 months, Northern Graphite's average Total Assets Growth Rate was -7.60% per year. During the past 3 years, the average Total Assets Growth Rate was 88.30% per year. During the past 5 years, the average Total Assets Growth Rate was 33.90% per year. During the past 10 years, the average Total Assets Growth Rate was 13.80% per year.

During the past 13 years, Northern Graphite's highest 3-Year average Total Assets Growth Rate was 103.70%. The lowest was 2.00%. And the median was 4.30%.

Total Assets is connected with ROA %. Northern Graphite's annualized ROA % for the quarter that ended in Sep. 2023 was -27.86%. Total Assets is also linked to Revenue through Asset Turnover. Northern Graphite's Asset Turnover for the quarter that ended in Sep. 2023 was 0.05.

Northern Graphite Total Assets Historical Data

The historical data trend for Northern Graphite'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.

Northern Graphite Total Assets Chart

Northern Graphite Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.48 15.79 15.22 19.66 101.75

Northern Graphite Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 106.52 101.75 - 99.76 96.28

Northern Graphite 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.

Northern Graphite'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 )
=36.176+65.575
=101.75

Northern Graphite's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=23.537+72.738
=96.28

* 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.

Northern Graphite  (TSXV:NGC) Total Assets Explanation

Total Assets is connected with ROA %.

Northern Graphite's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-27.308/( (99.758+96.275)/ 2 )
=-27.308/98.0165
=-27.86 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Northern Graphite's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=4.933/( (99.758+96.275)/ 2 )
=4.933/98.0165
=0.05

* 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.

Northern Graphite Total Assets Related Terms

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Northern Graphite (TSXV:NGC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Graphite Corp (TSXV:NGC) » Definitions » Total Assets
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Address
1000 Innovation Drive, Suite 500, Ottawa, ON, CAN, K2K 3E7
Website
https://www.northerngraphite.com
Northern Graphite Corp is a Canada-based exploration stage company engaged in the exploration and development of mineral resource properties. The company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy including anode material for lithium-ion batteries/EVs, fuel cells, and graphene, as well as advanced industrial technologies. Its exploration and development activities are focused on the Bissett Creek Property in Ontario, Canada, and Okanjande in Namibia.