AHNR (Athena Gold) Total Assets : $6.68 Mil (As of Sep. 2024)

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What is Athena Gold Total Assets?

Athena Gold's Total Assets for the quarter that ended in Sep. 2024 was $6.68 Mil.

During the past 12 months, Athena Gold's average Total Assets Growth Rate was 0.40% per year. During the past 3 years, the average Total Assets Growth Rate was 255.50% per year. During the past 5 years, the average Total Assets Growth Rate was 151.10% per year. During the past 10 years, the average Total Assets Growth Rate was 9.40% per year.

During the past 13 years, Athena Gold's highest 3-Year average Total Assets Growth Rate was 754.10%. The lowest was -55.30%. And the median was 13.20%.

Total Assets is connected with ROA %. Athena Gold's annualized ROA % for the quarter that ended in Sep. 2024 was -9.79%. Total Assets is also linked to Revenue through Asset Turnover. Athena Gold's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Athena Gold Total Assets Historical Data

The historical data trend for Athena 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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Athena Gold Total Assets Chart

Athena Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.19

0.16

6.12

6.24

6.74

Athena Gold Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															6.28	6.74	6.90	6.72	6.68

Athena 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.

Athena 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 )
	=	6.318	+	0.423
	=	6.74

Athena Gold's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	5.747	+	0.928
	=	6.68

Athena Gold (OTCPK:AHNR) Total Assets Explanation

Total Assets is connected with ROA %.

Athena Gold's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-0.656	/	( (6.721	+	6.675)	/ 2 )
	=	-0.656	/	6.698
	=	-9.79 %

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

Athena Gold's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0	/	( (6.721	+	6.675)	/ 2 )
=	0	/	6.698
=	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.

Athena Gold Total Assets Related Terms

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Athena Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Athena Gold Corp (OTCPK:AHNR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ATHA:Canada

Address

2010A Harbison Drive, Suite 312, Vacaville, CA, USA, 95687

Website

https://www.athenagoldcorp.com

Athena Gold Corp is focused on the exploration and development of precious metals in the Western United States. Its core holding is Excelsior Springs Project in Nevada's Walker Lane Gold District.

Executives

Power John C /ca/	director, 10 percent owner, officer: Pres., CFO, Prin. Acctg. Off.
John D Gibbs	10 percent owner	16 E STREET SOUTHWEST, ARDMORE OK 73402
Nubian Resources Ltd.	10 percent owner	#202 YALE COURT PLAZA, 2526 YALE COURT ROAD, ABBOTSFORD A1 V2S 8G9
Tyler J Minnick	officer: CFO	C/O ATHENA GOLD CORPORATION, 2010A HARBISON DR., #312, VACAVILLE CA 95687
John E Hiner	director	9443 AXLUND ROAD, LYNDEN WA 98264
Markus Janser	director	CH. DE LA BRUYERE 23C, PULLY V8 1009
Brian Power	director	2010A HARBISON DR., #312, VACAVILLE CA 95687
Neuman Clifford L Esq	10 percent owner	6800 NORTH 79TH STREET, SUITE # 200, NIWOT CO 80503
Leroy Wilkes	director	5154 LEDUC LANE, CASTLE ROCK CO 80108
Webquest Inc.	10 percent owner	7750 N UNION BLVD, # 201, COLORADO SPRINGS CO 80920
Shana Capital Ltd	10 percent owner	678 S PONTIAC WAY, DENVER CO 80224
Tripower Resources, Inc.	10 percent owner	POST OFFICE BOX 849, ARDMORE OK 73402
Butte Creek Brewing Company, Llc	10 percent owner	945 W. SECOND STREET, CHICO CA 95928
J Andrew Moorer	director	POST OFFICE BOX 3618, CAREFREE AZ 85377