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Andes Gold (Andes Gold) Total Assets : $4.04 Mil (As of Dec. 2003)


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What is Andes Gold Total Assets?

Andes Gold's Total Assets for the quarter that ended in Dec. 2003 was $4.04 Mil.

Total Assets is connected with ROA %. Andes Gold's annualized ROA % for the quarter that ended in Dec. 2003 was -129.96%. Total Assets is also linked to Revenue through Asset Turnover. Andes Gold's Asset Turnover for the quarter that ended in Dec. 2003 was -0.49.


Andes Gold Total Assets Historical Data

The historical data trend for Andes 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.

Andes Gold Total Assets Chart

Andes Gold Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 0.80 2.57 4.15 4.04

Andes Gold Quarterly Data
Mar98 Jun98 Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 4.15 4.26 6.01 5.93 4.04

Andes 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.

Andes Gold's Total Assets for the fiscal year that ended in Dec. 2003 is calculated as

Total Assets=Total Equity (A: Dec. 2003 )+Total Liabilities (A: Dec. 2003 )
=-0.871+4.911
=4.04

Andes Gold's Total Assets for the quarter that ended in Dec. 2003 is calculated as

Total Assets=Total Equity (Q: Dec. 2003 )+Total Liabilities (Q: Dec. 2003 )
=-0.871+4.911
=4.04

* 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.


Andes Gold  (OTCPK:AGCZ) Total Assets Explanation

Total Assets is connected with ROA %.

Andes Gold's annualized ROA % for the quarter that ended in Dec. 2003 is

ROA %=Net Income (Q: Dec. 2003 )/( (Total Assets (Q: Sep. 2003 )+Total Assets (Q: Dec. 2003 ))/ count )
=-6.476/( (5.926+4.04)/ 2 )
=-6.476/4.983
=-129.96 %

Note: The Net Income data used here is four times the quarterly (Dec. 2003) 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.

Andes Gold's Asset Turnover for the quarter that ended in Dec. 2003 is

Asset Turnover
=Revenue (Q: Dec. 2003 )/( (Total Assets (Q: Sep. 2003 )+Total Assets (Q: Dec. 2003 ))/ count )
=-2.431/( (5.926+4.04)/ 2 )
=-2.431/4.983
=-0.49

* 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.

Andes Gold Total Assets Related Terms

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Andes Gold (Andes Gold) Business Description

Traded in Other Exchanges
N/A
Address
1200 N. Federal Highway, Suite 200, Boca Raton, FL, USA, 33432
Andes Gold Corp is the operator of leased properties which it mines for mineral resources, specifically, gold. The company develops and produces gold assets in Ecuador and South America.

Andes Gold (Andes Gold) Headlines