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GPTRF (Grande Portage Resources) Total Assets : $15.25 Mil (As of Jul. 2024)


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What is Grande Portage Resources Total Assets?

Grande Portage Resources's Total Assets for the quarter that ended in Jul. 2024 was $15.25 Mil.

During the past 12 months, Grande Portage Resources's average Total Assets Growth Rate was 13.40% per year. During the past 3 years, the average Total Assets Growth Rate was 23.40% per year. During the past 5 years, the average Total Assets Growth Rate was 23.70% per year. During the past 10 years, the average Total Assets Growth Rate was 14.60% per year.

During the past 13 years, Grande Portage Resources's highest 3-Year average Total Assets Growth Rate was 430.40%. The lowest was -27.80%. And the median was 22.60%.

Total Assets is connected with ROA %. Grande Portage Resources's annualized ROA % for the quarter that ended in Jul. 2024 was -9.21%. Total Assets is also linked to Revenue through Asset Turnover. Grande Portage Resources's Asset Turnover for the quarter that ended in Jul. 2024 was 0.00.

Grande Portage Resources Total Assets Historical Data

The historical data trend for Grande Portage 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.

Grande Portage Resources Total Assets Chart

Grande Portage Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.19 9.40 14.38 14.31 15.23

Grande Portage Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 15.29 15.23 15.75 15.32 15.25

Grande Portage 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.

Grande Portage Resources's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (A: Oct. 2023 )+Total Liabilities (A: Oct. 2023 )
=14.42+0.807
=15.23

Grande Portage Resources's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets=Total Equity (Q: Jul. 2024 )+Total Liabilities (Q: Jul. 2024 )
=14.914+0.338
=15.25

* 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.

Grande Portage Resources  (OTCPK:GPTRF) Total Assets Explanation

Total Assets is connected with ROA %.

Grande Portage Resources's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %=Net Income (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=-1.408/( (15.317+15.252)/ 2 )
=-1.408/15.2845
=-9.21 %

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

Grande Portage Resources's Asset Turnover for the quarter that ended in Jul. 2024 is

Asset Turnover
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=0/( (15.317+15.252)/ 2 )
=0/15.2845
=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.

Grande Portage Resources Total Assets Related Terms

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Grande Portage Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grande Portage Resources Ltd (OTCPK:GPTRF) » Definitions » Total Assets
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Traded in Other Exchanges
GPB:Germany GPG:Canada
Address
1090 West Georgia Street, Suite 1050, Vancouver, BC, CAN, V6E 3V7
Website
https://www.grandeportage.com
Grande Portage Resources Ltd is a mineral exploration company based in Canada. The principal business activities are the exploration for and development of natural resource properties namely gold, in Alaska. The company holds an interest in Herbert Gold Property located to the north of Juneau, Alaska.