Cardero Resource (Cardero Resource) Total Assets : $5.64 Mil (As of Jul. 2021)

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What is Cardero Resource Total Assets?

Cardero Resource's Total Assets for the quarter that ended in Jul. 2021 was $5.64 Mil.

During the past 12 months, Cardero Resource's average Total Assets Growth Rate was -1.40% per year. During the past 3 years, the average Total Assets Growth Rate was 22.20% per year. During the past 5 years, the average Total Assets Growth Rate was 26.30% per year. During the past 10 years, the average Total Assets Growth Rate was -29.60% per year.

During the past 13 years, Cardero Resource's highest 3-Year average Total Assets Growth Rate was 269.00%. The lowest was -72.60%. And the median was 35.10%.

Total Assets is connected with ROA %. Cardero Resource's annualized ROA % for the quarter that ended in Jul. 2021 was -11.31%. Total Assets is also linked to Revenue through Asset Turnover. Cardero Resource's Asset Turnover for the quarter that ended in Jul. 2021 was 0.00.

Cardero Resource Total Assets Historical Data

The historical data trend for Cardero Resource'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.

Cardero Resource Total Assets Chart

Cardero Resource Annual Data

Trend

Oct11

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Total Assets

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4.10

4.02

5.82

5.12

5.39

Cardero Resource Quarterly Data
	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21
Total Assets	Get a 7-Day Free Trial															5.28	5.39	5.54	5.67	5.64

Cardero Resource 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.

Cardero Resource's Total Assets for the fiscal year that ended in Oct. 2020 is calculated as

Total Assets	=	Total Equity (A: Oct. 2020 )	+	Total Liabilities (A: Oct. 2020 )
	=	2.136	+	3.255
	=	5.39

Cardero Resource's Total Assets for the quarter that ended in Jul. 2021 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2021 )	+	Total Liabilities (Q: Jul. 2021 )
	=	2.289	+	3.354
	=	5.64

Cardero Resource (OTCPK:CDYCF) Total Assets Explanation

Total Assets is connected with ROA %.

Cardero Resource's annualized ROA % for the quarter that ended in Jul. 2021 is

ROA %	=	Net Income (Q: Jul. 2021 )	/	( (Total Assets (Q: Apr. 2021 )	+	Total Assets (Q: Jul. 2021 ))	/ count )
	=	-0.64	/	( (5.674	+	5.643)	/ 2 )
	=	-0.64	/	5.6585
	=	-11.31 %

Note: The Net Income data used here is four times the quarterly (Jul. 2021) 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.

Cardero Resource's Asset Turnover for the quarter that ended in Jul. 2021 is

	Asset Turnover
=	Revenue (Q: Jul. 2021 )	/	( (Total Assets (Q: Apr. 2021 )	+	Total Assets (Q: Jul. 2021 ))	/ count )
=	0	/	( (5.674	+	5.643)	/ 2 )
=	0	/	5.6585
=	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.

Cardero Resource Total Assets Related Terms

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Cardero Resource (Cardero Resource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cardero Resource Corp (OTCPK:CDYCF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1177 West Hastings Street, Suite 2300, Vancouver, BC, CAN, V6E 2K3

Website

http://www.cardero.com

Cardero Resource Corp is an exploration stage company. The firm and its subsidiaries are involved in the exploration of mineral properties in Canada and the United States. It is focused on copper exploration and development. The firm's projects include Zonia copper oxide project in Arizona and Silver Queen Property, Arizona.

Executives

Robert C. Kopple

10 percent owner

10866 WILSHIRE BLVD., SUITE 1500, LOS ANGELES CA 90024

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