U.S. Gold's Total Assets for the quarter that ended in Jan. 2024 was $18.86 Mil.
During the past 12 months, U.S. Gold's average Total Assets Growth Rate was 0.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 32.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 34.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.70% per year.
During the past 13 years, U.S. Gold's highest 3-Year average Total Assets Growth Rate was 52.30%. The lowest was -35.00%. And the median was -3.00%.
Total Assets is connected with ROA %. U.S. Gold's annualizedROA % for the quarter that ended in Jan. 2024 was -34.49%. Total Assets is also linked to Revenue through Asset Turnover. U.S. Gold's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.
U.S. Gold Total Assets Historical Data
The historical data trend for U.S. 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.
U.S. Gold Annual Data
Trend
Apr14
Apr15
Apr16
Apr17
Apr18
Apr19
Apr20
Apr21
Apr22
Apr23
Total Assets
7.40
9.83
31.32
27.50
24.18
U.S. Gold Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Total Assets
21.49
24.18
22.24
20.25
18.86
U.S. 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.
U.S. Gold's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Jan. 2024) 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.
U.S. Gold's Asset Turnover for the quarter that ended in Jan. 2024 is
* 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.
U.S. Gold Total Assets Related Terms
Thank you for viewing the detailed overview of U.S. Gold's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
U.S. Gold Corp is an exploration and development company that owns certain mining leases and other mineral rights comprising the CK Gold Project in Wyoming, the Keystone Project in Nevada, and the Challis Gold Project in Idaho.
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