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Infinito Gold (Infinito Gold) Total Assets : $1.68 Mil (As of Dec. 2014)


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What is Infinito Gold Total Assets?

Infinito Gold's Total Assets for the quarter that ended in Dec. 2014 was $1.68 Mil.

Total Assets is connected with ROA %. Infinito Gold's annualized ROA % for the quarter that ended in Dec. 2014 was -1,060.97%. Total Assets is also linked to Revenue through Asset Turnover. Infinito Gold's Asset Turnover for the quarter that ended in Dec. 2014 was 0.00.


Infinito Gold Total Assets Historical Data

The historical data trend for Infinito 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.

* Premium members only.

Infinito Gold Total Assets Chart

Infinito Gold Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.99 56.78 8.85 7.36 3.14

Infinito Gold Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 4.80 3.14 2.54 2.25 1.68

Infinito 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.

Infinito Gold's Total Assets for the fiscal year that ended in Mar. 2014 is calculated as

Total Assets=Total Equity (A: Mar. 2014 )+Total Liabilities (A: Mar. 2014 )
=-127.044+130.182
=3.14

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

Total Assets=Total Equity (Q: Dec. 2014 )+Total Liabilities (Q: Dec. 2014 )
=-137.514+139.192
=1.68

* 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.


Infinito Gold  (OTCPK:IGFFF) Total Assets Explanation

Total Assets is connected with ROA %.

Infinito Gold's annualized ROA % for the quarter that ended in Dec. 2014 is

ROA %=Net Income (Q: Dec. 2014 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=-20.848/( (2.252+1.678)/ 2 )
=-20.848/1.965
=-1,060.97 %

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

Infinito Gold's Asset Turnover for the quarter that ended in Dec. 2014 is

Asset Turnover
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=0/( (2.252+1.678)/ 2 )
=0/1.965
=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.

Infinito Gold Total Assets Related Terms

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Infinito Gold (Infinito Gold) Business Description

Traded in Other Exchanges
N/A
Address
1100 1st Street, Suite 600, Calgary, AB, CAN, T2G 1B1
Infinito Gold Ltd is a Canadian based company, engaged in the exploration and development activity. The business activity of the group includes acquisition, exploration, and development of mineral interests primarily in Costa Rica. The company primarily explores for gold and holds an interest in the activity of the Crucitas project located in Northern Costa Rica.

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