Kalo Gold (Kalo Gold) Total Assets : $0.62 Mil (As of Feb. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Kalo Gold Total Assets?

Kalo Gold's Total Assets for the quarter that ended in Feb. 2024 was $0.62 Mil.

During the past 12 months, Kalo Gold's average Total Assets Growth Rate was 57.30% per year. During the past 3 years, the average Total Assets Growth Rate was 143.50% per year.

During the past 4 years, Kalo Gold's highest 3-Year average Total Assets Growth Rate was 143.50%. The lowest was 143.50%. And the median was 143.50%.

Total Assets is connected with ROA %. Kalo Gold's annualized ROA % for the quarter that ended in Feb. 2024 was -217.49%. Total Assets is also linked to Revenue through Asset Turnover. Kalo Gold's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.

Kalo Gold Total Assets Historical Data

The historical data trend for Kalo 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.

Kalo Gold Total Assets Chart

Kalo Gold Annual Data

Trend

Aug20

Aug21

Aug22

Aug23

Total Assets

0.23

0.54

0.35

0.88

Kalo Gold Quarterly Data
	Dec19	Aug20	Dec20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial										1.48	1.02	0.88	0.76	0.62

Kalo 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.

Kalo Gold's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	0.399	+	0.484
	=	0.88

Kalo Gold's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	-0.034	+	0.651
	=	0.62

Kalo Gold (OTCPK:KLGDF) Total Assets Explanation

Total Assets is connected with ROA %.

Kalo Gold's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	-1.492	/	( (0.756	+	0.616)	/ 2 )
	=	-1.492	/	0.686
	=	-217.49 %

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

Kalo Gold's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	0	/	( (0.756	+	0.616)	/ 2 )
=	0	/	0.686
=	0.00

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.

Kalo Gold Total Assets Related Terms

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

Kalo Gold (Kalo Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kalo Gold Corp (OTCPK:KLGDF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

0SX0:Germany KALO:Canada

Address

1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.kalogoldcorp.com

Kalo Gold Corp is a mineral exploration company focused on the Vatu Aurum gold project on Fiji's north island, Vanua Levu. Geographic revenue is recognized in Canada, Fiji, British Virgin Islands.