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LGCFF (Lavras Gold) Total Assets : $18.21 Mil (As of Dec. 2024)


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What is Lavras Gold Total Assets?

Lavras Gold's Total Assets for the quarter that ended in Dec. 2024 was $18.21 Mil.

During the past 12 months, Lavras Gold's average Total Assets Growth Rate was 47.50% per year.

Total Assets is connected with ROA %. Lavras Gold's annualized ROA % for the quarter that ended in Dec. 2024 was -12.43%. Total Assets is also linked to Revenue through Asset Turnover. Lavras Gold's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Lavras Gold Total Assets Historical Data

The historical data trend for Lavras 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.

Lavras Gold Total Assets Chart

Lavras Gold Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Total Assets
- 11.70 20.52 18.21

Lavras Gold Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 20.52 20.24 19.55 19.51 18.21

Lavras 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.

Lavras Gold's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=17.314+0.894
=18.21

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

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=17.314+0.894
=18.21

* 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.

Lavras Gold  (OTCPK:LGCFF) Total Assets Explanation

Total Assets is connected with ROA %.

Lavras Gold's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-2.344/( (19.511+18.207)/ 2 )
=-2.344/18.859
=-12.43 %

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

Lavras Gold's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (19.511+18.207)/ 2 )
=0/18.859
=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.

Lavras Gold Total Assets Related Terms

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Lavras Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lavras Gold Corp (OTCPK:LGCFF) » Definitions » Total Assets
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Traded in Other Exchanges
LGC:Canada
Address
82 Richmond Street East, Suite 201, Toronto, ON, CAN, M5C 1P1
Website
https://www.lavrasgold.com
Lavras Gold Corp is a exploration company engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that is approximately 190 square km in size and comprised of more than 23 prospects centered on historic gold workings. The Company's Current projects include Butia Gold Prospect and the LDS project in Brazil.