DECXF (Decade Resources) Total Assets : $12.52 Mil (As of Jul. 2024)

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What is Decade Resources Total Assets?

Decade Resources's Total Assets for the quarter that ended in Jul. 2024 was $12.52 Mil.

During the past 12 months, Decade Resources's average Total Assets Growth Rate was 12.90% per year. During the past 3 years, the average Total Assets Growth Rate was 9.40% per year. During the past 5 years, the average Total Assets Growth Rate was 6.60% per year. During the past 10 years, the average Total Assets Growth Rate was 3.40% per year.

During the past 13 years, Decade Resources's highest 3-Year average Total Assets Growth Rate was 127.80%. The lowest was -5.10%. And the median was 9.00%.

Total Assets is connected with ROA %. Decade Resources's annualized ROA % for the quarter that ended in Jul. 2024 was -2.67%. Total Assets is also linked to Revenue through Asset Turnover. Decade Resources's Asset Turnover for the quarter that ended in Jul. 2024 was 0.00.

Decade Resources Total Assets Historical Data

The historical data trend for Decade Resources'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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Decade Resources Total Assets Chart

Decade Resources Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Total Assets

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7.82

10.31

11.25

10.80

12.65

Decade Resources Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Total Assets	Get a 7-Day Free Trial															11.43	13.06	13.26	12.65	12.52

Decade Resources 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.

Decade Resources's Total Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Assets	=	Total Equity (A: Apr. 2024 )	+	Total Liabilities (A: Apr. 2024 )
	=	11.4	+	1.245
	=	12.65

Decade Resources's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2024 )	+	Total Liabilities (Q: Jul. 2024 )
	=	11.283	+	1.232
	=	12.52

Decade Resources (OTCPK:DECXF) Total Assets Explanation

Total Assets is connected with ROA %.

Decade Resources's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %	=	Net Income (Q: Jul. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
	=	-0.336	/	( (12.645	+	12.515)	/ 2 )
	=	-0.336	/	12.58
	=	-2.67 %

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

Decade Resources's Asset Turnover for the quarter that ended in Jul. 2024 is

	Asset Turnover
=	Revenue (Q: Jul. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
=	0	/	( (12.645	+	12.515)	/ 2 )
=	0	/	12.58
=	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.

Decade Resources Total Assets Related Terms

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Decade Resources Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Decade Resources Ltd (OTCPK:DECXF) » Definitions » Total Assets

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DEC:Canada

Address

611- 8th Street, Box 211, Stewart, BC, CAN, V0T 1W0

Website

https://www.decaderesources.ca

Decade Resources Ltd is an exploration stage company. Its principal business activity is the acquisition, exploration and evaluation of mineral properties located in the Province of British Columbia, Canada. The projects includes Grassy, Premier East, Red Cliff, Lord Nelson, Del Norte, Terrace. Its properties and projects are located in the Golden Triangle area of northern British Columbia.