Goldrea Resources (FRA:GOJ1) Total Assets : €0.02 Mil (As of Jan. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Goldrea Resources Total Assets?

Goldrea Resources's Total Assets for the quarter that ended in Jan. 2024 was €0.02 Mil.

During the past 12 months, Goldrea Resources's average Total Assets Growth Rate was -77.80% per year. During the past 3 years, the average Total Assets Growth Rate was -17.90% per year. During the past 5 years, the average Total Assets Growth Rate was -27.20% per year. During the past 10 years, the average Total Assets Growth Rate was -26.90% per year.

During the past 13 years, Goldrea Resources's highest 3-Year average Total Assets Growth Rate was 152.30%. The lowest was -73.20%. And the median was -2.65%.

Total Assets is connected with ROA %. Goldrea Resources's annualized ROA % for the quarter that ended in Jan. 2024 was -628.57%. Total Assets is also linked to Revenue through Asset Turnover. Goldrea Resources's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Goldrea Resources Total Assets Historical Data

The historical data trend for Goldrea 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.

Goldrea Resources Total Assets Chart

Goldrea Resources Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

Get a 7-Day Free Trial

0.24

0.10

0.37

0.05

0.03

Goldrea Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															0.08	0.08	0.03	0.03	0.02

Goldrea 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.

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

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	-0.141	+	0.168
	=	0.03

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

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	-0.199	+	0.215
	=	0.02

Goldrea Resources (FRA:GOJ1) Total Assets Explanation

Total Assets is connected with ROA %.

Goldrea Resources's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-0.132	/	( (0.026	+	0.016)	/ 2 )
	=	-0.132	/	0.021
	=	-628.57 %

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

Goldrea Resources's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0	/	( (0.026	+	0.016)	/ 2 )
=	0	/	0.021
=	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.

Goldrea Resources Total Assets Related Terms

Thank you for viewing the detailed overview of Goldrea Resources's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Goldrea Resources (FRA:GOJ1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldrea Resources Corp (FRA:GOJ1) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

GORAF:USA GOR:Canada

Address

889 West Pender Street, Suite 606, Vancouver, BC, CAN, V6C 3B2

Website

https://www.goldrea.com

Goldrea Resources Corp is engaged in the business of exploration and development of mineral properties. The mineral properties of the company are located in geographic regions of Canada, the USA, and Peru. The properties of the group located in Canada are Cannonball property, Link property.

Goldrea Resources (FRA:GOJ1) Headlines

No Headlines