Touchstone Gold (FRA:T03) Total Assets: €1.22 Mil (As of Jun. 2014)


What is Touchstone Gold Total Assets?

Touchstone Gold FRA:T03 Total Assets is €1.22 Mil as of Jun. 2014. The stock has 2 warning signs investors should review.

Touchstone Gold's Total Assets for the quarter that ended in Jun. 2014 was €1.22 Mil.

During the past 12 months, Touchstone Gold's average Total Assets Growth Rate was -99.80% per year.

Total Assets is connected with ROA %. Touchstone Gold's annualized ROA % for the quarter that ended in Jun. 2014 was 620.01%. Total Assets is also linked to Revenue through Asset Turnover. Touchstone Gold's Asset Turnover for the quarter that ended in Jun. 2014 was 0.00.

Touchstone Gold  (FRA:T03) Total Assets Explanation

Total Assets is connected with ROA %.

Touchstone Gold's annualized ROA % for the quarter that ended in Jun. 2014 is

ROA %=Net Income (Q: Jun. 2014 )/( (Total Assets (Q: Dec. 2013 )+Total Assets (Q: Jun. 2014 ))/ count )
=4.244/( (0.151+1.218)/ 2 )
=4.244/0.6845
=620.01 %

Note: The Net Income data used here is four times the quarterly (Jun. 2014) 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.

Touchstone Gold's Asset Turnover for the quarter that ended in Jun. 2014 is

Asset Turnover
=Revenue (Q: Jun. 2014 )/( (Total Assets (Q: Dec. 2013 )+Total Assets (Q: Jun. 2014 ))/ count )
=0/( (0.151+1.218)/ 2 )
=0/0.6845
=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.

Touchstone Gold Total Assets Related Terms

Touchstone Gold Total Assets Historical Data

* Premium members only.

The historical data trend for Touchstone 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.

Touchstone Gold Total Assets Chart

Touchstone Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Total Assets
0.04 1.60 7.76 14.83 0.15

Touchstone Gold Quarterly Data
Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Jun14
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.70 1.85 1.39 0.15 1.22

Touchstone 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.

Touchstone Gold's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (A: Dec. 2013 )+Total Liabilities (A: Dec. 2013 )
=-0.31+0.461
=0.15

Touchstone Gold's Total Assets for the quarter that ended in Jun. 2014 is calculated as

Total Assets=Total Equity (Q: Jun. 2014 )+Total Liabilities (Q: Jun. 2014 )
=0.106+1.112
=1.22

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of €1.22 Mil mean?
Touchstone Gold (FRA:T03) has a Total Assets of €1.22 Mil as of Jun. 2014. The total amount of assets as recorded on a company's balance sheet. View historical data on Touchstone Gold and its competitors.
Is Touchstone Gold's Total Assets too high?
Touchstone Gold's current Total Assets is €1.22 Mil.
How does Touchstone Gold's Total Assets compare to THMG and DTRC?
Touchstone Gold's Total Assets of €1.22 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Touchstone Gold and its competitors. Touchstone Gold's current Total Assets is €1.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Touchstone Gold stock overvalued right now?
Touchstone Gold (FRA:T03) has a current Total Assets of €1.22 Mil. The current Total Assets is €1.22 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Touchstone Gold (FRA:T03), the current Total Assets is €1.22 Mil as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Touchstone Gold Business Description

Touchstone Gold Ltd was incorporated under the Laws of the British Virgin Islands on June 29, 2009. The Company, along with its wholly-owned subsidiaries, is an exploration stage company engaged in the exploration and development of gold properties in Colombia. The Company's project portfolio comprises of Segovia Gold Project and Santa Rosa Project.