GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kobrea Exploration Corp (OTCPK:KBXFF) » Definitions » Total Assets

KBXFF (Kobrea Exploration) Total Assets : $0.52 Mil (As of Oct. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Kobrea Exploration Total Assets?

Kobrea Exploration's Total Assets for the quarter that ended in Oct. 2024 was $0.52 Mil.

Total Assets is connected with ROA %. Kobrea Exploration's annualized ROA % for the quarter that ended in Oct. 2024 was -224.00%. Total Assets is also linked to Revenue through Asset Turnover. Kobrea Exploration's Asset Turnover for the quarter that ended in Oct. 2024 was 0.00.

Kobrea Exploration Total Assets Historical Data

The historical data trend for Kobrea Exploration'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.

Kobrea Exploration Total Assets Chart

Kobrea Exploration Annual Data
Trend Jan23 Jan24
Total Assets
0.27 0.29

Kobrea Exploration Quarterly Data
Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Total Assets Get a 7-Day Free Trial Premium Member Only 0.35 0.29 1.01 0.68 0.52

Kobrea Exploration 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.

Kobrea Exploration's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=0.259+0.027
=0.29

Kobrea Exploration's Total Assets for the quarter that ended in Oct. 2024 is calculated as

Total Assets=Total Equity (Q: Oct. 2024 )+Total Liabilities (Q: Oct. 2024 )
=0.51+0.011
=0.52

* 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.

Kobrea Exploration  (OTCPK:KBXFF) Total Assets Explanation

Total Assets is connected with ROA %.

Kobrea Exploration's annualized ROA % for the quarter that ended in Oct. 2024 is

ROA %=Net Income (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=-1.344/( (0.679+0.521)/ 2 )
=-1.344/0.6
=-224.00 %

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

Kobrea Exploration's Asset Turnover for the quarter that ended in Oct. 2024 is

Asset Turnover
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=0/( (0.679+0.521)/ 2 )
=0/0.6
=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.

Kobrea Exploration Total Assets Related Terms

Thank you for viewing the detailed overview of Kobrea Exploration's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Kobrea Exploration Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kobrea Exploration Corp (OTCPK:KBXFF) » Definitions » Total Assets
Comparable Companies
TSXV:EMNT TSXV:B TSXV:EMN TSXV:TK TSXV:PJX TSXV:CPS TSXV:INTR TSXV:AAN TSXV:ELBM TSXV:FKM ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN BSP:VALE3 MEX:GMEXICOB LSE:AAL ASX:FMG BOM:500188
Traded in Other Exchanges
F3I:Germany KBX:Canada
Address
330 - 890 Pender Street West, Vancouver, BC, CAN, V6C 1J9
Website
https://www.kobreaexploration.com
Kobrea Exploration Corp is engaged in the acquisition, exploration, and evaluation of resource properties. Its objective is to locate and develop economic base metal properties of merit and to conduct its exploration program on the Upland property. The Upland property is located in Barriere, British Columbia consisting of eight mineral claims.