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Golden Patriot (Golden Patriot) Total Assets : $0.14 Mil (As of Jan. 2008)


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What is Golden Patriot Total Assets?

Golden Patriot's Total Assets for the quarter that ended in Jan. 2008 was $0.14 Mil.

Total Assets is connected with ROA %. Golden Patriot's annualized ROA % for the quarter that ended in Jan. 2008 was -114.29%. Total Assets is also linked to Revenue through Asset Turnover. Golden Patriot's Asset Turnover for the quarter that ended in Jan. 2008 was 0.00.


Golden Patriot Total Assets Historical Data

The historical data trend for Golden Patriot'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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Golden Patriot Total Assets Chart

Golden Patriot Annual Data
Trend Apr02 Apr03 Apr04 Apr05 Apr06 Apr07
Total Assets
Get a 7-Day Free Trial - 0.07 0.04 0.34 0.23

Golden Patriot Quarterly Data
Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08
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 0.19 0.23 0.14 0.10 0.14

Golden Patriot 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.

Golden Patriot's Total Assets for the fiscal year that ended in Apr. 2007 is calculated as

Total Assets=Total Equity (A: Apr. 2007 )+Total Liabilities (A: Apr. 2007 )
=-0.77+0.995
=0.23

Golden Patriot's Total Assets for the quarter that ended in Jan. 2008 is calculated as

Total Assets=Total Equity (Q: Jan. 2008 )+Total Liabilities (Q: Jan. 2008 )
=-1.065+1.209
=0.14

* 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.


Golden Patriot  (OTCPK:GPTC) Total Assets Explanation

Total Assets is connected with ROA %.

Golden Patriot's annualized ROA % for the quarter that ended in Jan. 2008 is

ROA %=Net Income (Q: Jan. 2008 )/( (Total Assets (Q: Oct. 2007 )+Total Assets (Q: Jan. 2008 ))/ count )
=-0.14/( (0.101+0.144)/ 2 )
=-0.14/0.1225
=-114.29 %

Note: The Net Income data used here is four times the quarterly (Jan. 2008) 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.

Golden Patriot's Asset Turnover for the quarter that ended in Jan. 2008 is

Asset Turnover
=Revenue (Q: Jan. 2008 )/( (Total Assets (Q: Oct. 2007 )+Total Assets (Q: Jan. 2008 ))/ count )
=0/( (0.101+0.144)/ 2 )
=0/0.1225
=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.

Golden Patriot Total Assets Related Terms

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Golden Patriot (Golden Patriot) Business Description

Traded in Other Exchanges
N/A
Address
8 Bond Street, Suite 124, Great Neck, NY, USA, 11021
Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.

Golden Patriot (Golden Patriot) Headlines

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