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Waseco Resources (FRA:WSE) Total Assets : €0.00 Mil (As of Nov. 2023)


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What is Waseco Resources Total Assets?

Waseco Resources's Total Assets for the quarter that ended in Nov. 2023 was €0.00 Mil.

During the past 12 months, Waseco Resources's average Total Assets Growth Rate was -16.70% per year. During the past 3 years, the average Total Assets Growth Rate was -58.00% per year. During the past 5 years, the average Total Assets Growth Rate was -35.10% per year. During the past 10 years, the average Total Assets Growth Rate was -24.20% per year.

During the past 13 years, Waseco Resources's highest 3-Year average Total Assets Growth Rate was 177.80%. The lowest was -83.70%. And the median was -13.25%.

Total Assets is connected with ROA %. Waseco Resources's annualized ROA % for the quarter that ended in Nov. 2023 was -685.71%. Total Assets is also linked to Revenue through Asset Turnover. Waseco Resources's Asset Turnover for the quarter that ended in Nov. 2023 was 0.00.


Waseco Resources Total Assets Historical Data

The historical data trend for Waseco 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.

Waseco Resources Total Assets Chart

Waseco Resources Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.05 0.02 -

Waseco Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - 0.01 - -

Waseco 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.

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

Total Assets=Total Equity (A: Feb. 2023 )+Total Liabilities (A: Feb. 2023 )
=-0.448+0.449
=0.00

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

Total Assets=Total Equity (Q: Nov. 2023 )+Total Liabilities (Q: Nov. 2023 )
=-0.448+0.452
=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.


Waseco Resources  (FRA:WSE) Total Assets Explanation

Total Assets is connected with ROA %.

Waseco Resources's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %=Net Income (Q: Nov. 2023 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=-0.024/( (0.003+0.004)/ 2 )
=-0.024/0.0035
=-685.71 %

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

Waseco Resources's Asset Turnover for the quarter that ended in Nov. 2023 is

Asset Turnover
=Revenue (Q: Nov. 2023 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=0/( (0.003+0.004)/ 2 )
=0/0.0035
=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.

Waseco Resources Total Assets Related Terms

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Waseco Resources (FRA:WSE) Business Description

Traded in Other Exchanges
Address
C/o Richard Williams, 2 Queen Street East, Suite 1500, Toronto, ON, CAN, M5C 3G5
Waseco Resources Inc is an exploration and development stage company, which engages in the acquisition and development of mineral properties. Geographically, it operates in Canada and the United States. It owns interests in Quebec Labrador Trough; James Bay Lowlands and Battle Mountain Ridge, Nevada.

Waseco Resources (FRA:WSE) Headlines

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