Kesselrun Resources (Kesselrun Resources) Total Assets : $8.64 Mil (As of Jan. 2024)

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What is Kesselrun Resources Total Assets?

Kesselrun Resources's Total Assets for the quarter that ended in Jan. 2024 was $8.64 Mil.

During the past 12 months, Kesselrun Resources's average Total Assets Growth Rate was 5.40% per year. During the past 3 years, the average Total Assets Growth Rate was 54.90% per year. During the past 5 years, the average Total Assets Growth Rate was 40.20% per year. During the past 10 years, the average Total Assets Growth Rate was 30.90% per year.

During the past 12 years, Kesselrun Resources's highest 3-Year average Total Assets Growth Rate was 115.60%. The lowest was -11.50%. And the median was 31.90%.

Total Assets is connected with ROA %. Kesselrun Resources's annualized ROA % for the quarter that ended in Jan. 2024 was -2.41%. Total Assets is also linked to Revenue through Asset Turnover. Kesselrun Resources's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Kesselrun Resources Total Assets Historical Data

The historical data trend for Kesselrun 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.

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Kesselrun Resources Total Assets Chart

Kesselrun Resources Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

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2.73

3.32

7.65

9.13

8.31

Kesselrun Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															8.38	8.20	8.31	8.26	8.64

Kesselrun 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.

Kesselrun Resources's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	7.202	+	1.111
	=	8.31

Kesselrun Resources's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	6.934	+	1.705
	=	8.64

Kesselrun Resources (OTCPK:KSSRF) Total Assets Explanation

Total Assets is connected with ROA %.

Kesselrun Resources's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-0.204	/	( (8.264	+	8.639)	/ 2 )
	=	-0.204	/	8.4515
	=	-2.41 %

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

Kesselrun Resources's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0	/	( (8.264	+	8.639)	/ 2 )
=	0	/	8.4515
=	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.

Kesselrun Resources Total Assets Related Terms

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Kesselrun Resources (Kesselrun Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kesselrun Resources Ltd (OTCPK:KSSRF) » Definitions » Total Assets

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CMG:Germany KES:Canada

Address

278 Bay Street, Suite 102, Thunder Bay, ON, CAN, P7B 1R8

Website

https://www.kesselrunresources.com

Kesselrun Resources Ltd is engaged in the acquisition, exploration, and development of mineral properties. Its principal focus is its Bluffpoint property located in Bluffpoint Lake Township, with portions extending into the townships of Lawrence Lake, Napanee Lake, and Barker Bay in the Kenora Mining Division of Northwestern Ontario. It also holds an interest in the Huronian Property, which is located in Moss Township, Thunder Bay Mining Division, Ontario. the Huronian property is wholly owned by the company and provides gold trends and other materials.

Kesselrun Resources (Kesselrun Resources) Headlines

From GuruFocus

InvestmentPitch Media Video Discusses Kesselrun Resources' New Drill Results, Doubling Strike Length at McKellar Zone, Huronian Gold Project, Ontario

By Value_Insider Value_Insider • 11-29-2022