FireFox Gold (FireFox Gold) Total Assets : $1.91 Mil (As of Dec. 2023)

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What is FireFox Gold Total Assets?

FireFox Gold's Total Assets for the quarter that ended in Dec. 2023 was $1.91 Mil.

During the past 12 months, FireFox Gold's average Total Assets Growth Rate was 1.80% per year. During the past 3 years, the average Total Assets Growth Rate was 11.20% per year. During the past 5 years, the average Total Assets Growth Rate was 15.00% per year.

During the past 7 years, FireFox Gold's highest 3-Year average Total Assets Growth Rate was 331.00%. The lowest was 11.20%. And the median was 19.75%.

Total Assets is connected with ROA %. FireFox Gold's annualized ROA % for the quarter that ended in Dec. 2023 was -71.49%. Total Assets is also linked to Revenue through Asset Turnover. FireFox Gold's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

FireFox Gold Total Assets Historical Data

The historical data trend for FireFox 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.

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FireFox Gold Total Assets Chart

FireFox Gold Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.89

2.47

2.39

1.64

1.91

FireFox Gold 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															1.64	1.79	1.39	1.31	1.91

FireFox 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.

FireFox Gold's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	1.594	+	0.321
	=	1.92

FireFox Gold'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 )
	=	1.594	+	0.321
	=	1.92

FireFox Gold (OTCPK:FFOXF) Total Assets Explanation

Total Assets is connected with ROA %.

FireFox Gold'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 )
	=	-1.152	/	( (1.309	+	1.914)	/ 2 )
	=	-1.152	/	1.6115
	=	-71.49 %

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.

FireFox Gold'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	/	( (1.309	+	1.914)	/ 2 )
=	0	/	1.6115
=	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.

FireFox Gold Total Assets Related Terms

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FireFox Gold (FireFox Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » FireFox Gold Corp (OTCPK:FFOXF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

FIY:Germany FFOX:Canada

Address

1021 West Hastings Street, Suite 650, Vancouver, BC, CAN, V6C 0C3

Website

https://www.firefoxgold.com

FireFox Gold Corp is a gold discovery company. The Company is engaged in the exploration and development of gold properties in Finland. Its large portfolio of strategically located gold projects includes Jeesio, Mustajarvi, and Sarvi, all based in the Central Lapland Greenstone Belt of northern Finland. The operations of the company are conducted in two reportable segments Mineral Exploration in Finland and Corporate Operations in Canada.