CTGX Mining (CTGX Mining) Total Assets : $3.90 Mil (As of Jan. 2005)

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What is CTGX Mining Total Assets?

CTGX Mining's Total Assets for the quarter that ended in Jan. 2005 was $3.90 Mil.

Total Assets is connected with ROA %. CTGX Mining's annualized ROA % for the quarter that ended in Jan. 2005 was -169.20%. Total Assets is also linked to Revenue through Asset Turnover. CTGX Mining's Asset Turnover for the quarter that ended in Jan. 2005 was 0.02.

CTGX Mining Total Assets Historical Data

The historical data trend for CTGX Mining'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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CTGX Mining Total Assets Chart

CTGX Mining Annual Data

Trend

Mar03

Total Assets

CTGX Mining Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jul04	Oct04	Jan05
Total Assets	Get a 7-Day Free Trial			-	-	4.53	5.73	3.90

CTGX Mining 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.

CTGX Mining's Total Assets for the fiscal year that ended in Mar. 2003 is calculated as

Total Assets	=	Total Equity (A: Mar. 2003 )	+	Total Liabilities (A: Mar. 2003 )
	=	-2.183	+	2.187
	=	0.00

CTGX Mining's Total Assets for the quarter that ended in Jan. 2005 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2005 )	+	Total Liabilities (Q: Jan. 2005 )
	=	2.775	+	1.122
	=	3.90

CTGX Mining (OTCPK:CHCX) Total Assets Explanation

Total Assets is connected with ROA %.

CTGX Mining's annualized ROA % for the quarter that ended in Jan. 2005 is

ROA %	=	Net Income (Q: Jan. 2005 )	/	( (Total Assets (Q: Oct. 2004 )	+	Total Assets (Q: Jan. 2005 ))	/ count )
	=	-8.14	/	( (5.725	+	3.897)	/ 2 )
	=	-8.14	/	4.811
	=	-169.20 %

Note: The Net Income data used here is four times the quarterly (Jan. 2005) 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.

CTGX Mining's Asset Turnover for the quarter that ended in Jan. 2005 is

	Asset Turnover
=	Revenue (Q: Jan. 2005 )	/	( (Total Assets (Q: Oct. 2004 )	+	Total Assets (Q: Jan. 2005 ))	/ count )
=	0.086	/	( (5.725	+	3.897)	/ 2 )
=	0.086	/	4.811
=	0.02

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.

CTGX Mining Total Assets Related Terms

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CTGX Mining (CTGX Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CTGX Mining Inc (OTCPK:CHCX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034

Website

http://www.ctgxmining.com

CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.

Executives

Matthew Cohen

director, officer: CEO and Chairman of the Board

1702 COSTA DEL SOL, BOCA RATON FL 33432

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