Atlantic Gold (ASX:AGB) Total Assets : A$328.7 Mil (As of Mar. 2019)

View and export this data going back to . Start your Free Trial

What is Atlantic Gold Total Assets?

Atlantic Gold's Total Assets for the quarter that ended in Mar. 2019 was A$328.7 Mil.

During the past 12 months, Atlantic Gold's average Total Assets Growth Rate was 21.00% per year. During the past 3 years, the average Total Assets Growth Rate was 95.20% per year. During the past 5 years, the average Total Assets Growth Rate was 235.20% per year. During the past 10 years, the average Total Assets Growth Rate was 50.00% per year.

During the past 13 years, Atlantic Gold's highest 3-Year average Total Assets Growth Rate was 733.30%. The lowest was -74.20%. And the median was 30.25%.

Total Assets is connected with ROA %. Atlantic Gold's annualized ROA % for the quarter that ended in Mar. 2019 was 7.01%. Total Assets is also linked to Revenue through Asset Turnover. Atlantic Gold's Asset Turnover for the quarter that ended in Mar. 2019 was 0.10.

Atlantic Gold Total Assets Historical Data

The historical data trend for Atlantic 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.

Atlantic Gold Total Assets Chart

Atlantic Gold Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Assets

Get a 7-Day Free Trial

48.33

44.20

148.65

264.86

314.28

Atlantic Gold Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Total Assets	Get a 7-Day Free Trial															254.36	269.17	302.46	314.28	328.70

Atlantic 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.

Atlantic Gold's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets	=	Total Equity (A: Dec. 2018 )	+	Total Liabilities (A: Dec. 2018 )
	=	157.167	+	157.115
	=	314.3

Atlantic Gold's Total Assets for the quarter that ended in Mar. 2019 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2019 )	+	Total Liabilities (Q: Mar. 2019 )
	=	168.857	+	159.846
	=	328.7

Atlantic Gold (ASX:AGB) Total Assets Explanation

Total Assets is connected with ROA %.

Atlantic Gold's annualized ROA % for the quarter that ended in Mar. 2019 is

ROA %	=	Net Income (Q: Mar. 2019 )	/	( (Total Assets (Q: Dec. 2018 )	+	Total Assets (Q: Mar. 2019 ))	/ count )
	=	22.528	/	( (314.282	+	328.703)	/ 2 )
	=	22.528	/	321.4925
	=	7.01 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) 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.

Atlantic Gold's Asset Turnover for the quarter that ended in Mar. 2019 is

	Asset Turnover
=	Revenue (Q: Mar. 2019 )	/	( (Total Assets (Q: Dec. 2018 )	+	Total Assets (Q: Mar. 2019 ))	/ count )
=	32.094	/	( (314.282	+	328.703)	/ 2 )
=	32.094	/	321.4925
=	0.10

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.

Atlantic Gold Total Assets Related Terms

Thank you for viewing the detailed overview of Atlantic Gold's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlantic Gold (ASX:AGB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlantic Gold Corp (ASX:AGB) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Burrard Street, Suite 3083, P.O. Box 49298, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3

Website

http://www.atlanticgoldcorporation.com

Atlantic Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. The company explores for gold. It holds interests in the Moose River Consolidated Project comprising the Touquoy and the Beaver Dam gold deposits; the Cochrane Hill gold deposit; and the Fifteen Mile Stream deposit. All the business activity is primarily functioned through the region of Canada.

Atlantic Gold (ASX:AGB) Headlines

No Headlines