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Etruscus Resources (Etruscus Resources) Total Assets : $4.05 Mil (As of Dec. 2023)


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What is Etruscus Resources Total Assets?

Etruscus Resources's Total Assets for the quarter that ended in Dec. 2023 was $4.05 Mil.

During the past 12 months, Etruscus Resources's average Total Assets Growth Rate was 9.90% per year. During the past 3 years, the average Total Assets Growth Rate was 38.80% per year. During the past 5 years, the average Total Assets Growth Rate was 107.90% per year.

During the past 6 years, Etruscus Resources's highest 3-Year average Total Assets Growth Rate was 183.20%. The lowest was 38.80%. And the median was 123.80%.

Total Assets is connected with ROA %. Etruscus Resources's annualized ROA % for the quarter that ended in Dec. 2023 was -6.60%. Total Assets is also linked to Revenue through Asset Turnover. Etruscus Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Etruscus Resources Total Assets Historical Data

The historical data trend for Etruscus 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.

* Premium members only.

Etruscus Resources Total Assets Chart

Etruscus Resources Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial 1.22 1.34 2.52 4.01 3.63

Etruscus Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.64 3.63 4.16 3.95 4.05

Etruscus 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.

Etruscus Resources's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=3.458+0.173
=3.63

Etruscus Resources's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=3.915+0.135
=4.05

* 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.

Etruscus Resources  (OTCPK:ETRUF) Total Assets Explanation

Total Assets is connected with ROA %.

Etruscus Resources's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.264/( (3.945+4.05)/ 2 )
=-0.264/3.9975
=-6.60 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Etruscus Resources's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (3.945+4.05)/ 2 )
=0/3.9975
=0.00

* 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.

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.

Etruscus Resources Total Assets Related Terms

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Etruscus Resources (Etruscus Resources) Business Description

Industry
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Address
850 West Hastings Street, Suite 604, Vancouver, BC, CAN, V6C 1E1
Website
https://www.etruscusresources.com
Etruscus Resources Corp is engaged in identifying, evaluating, acquiring, and exploring mineral properties. The Rock and Roll Property covers approximately 21,955 hectares in the Iskut River Valley of Northwestern British Columbia, 150 Km north of the ocean port at Stewart. Its sugar property covers approximately 4,508 hectares to the east of the Stikine River Valley of Northwestern British Columbia, 165 km north of the ocean port at Stewart. The areas include metals like gold, silver, and copper.