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Minerva Gold (Minerva Gold) Total Assets : $0.00 Mil (As of Feb. 2024)


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What is Minerva Gold Total Assets?

Minerva Gold's Total Assets for the quarter that ended in Feb. 2024 was $0.00 Mil.

Total Assets is connected with ROA %. Minerva Gold's annualized ROA % for the quarter that ended in Feb. 2024 was N/A%. Total Assets is also linked to Revenue through Asset Turnover. Minerva Gold's Asset Turnover for the quarter that ended in Feb. 2024 was N/A.


Minerva Gold Total Assets Historical Data

The historical data trend for Minerva 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.

Minerva Gold Total Assets Chart

Minerva Gold Annual Data
Trend Feb21 Feb22 Feb23 Feb24
Total Assets
0.01 0.03 0.02 -

Minerva Gold Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 - - -

Minerva 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.

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

Total Assets=Total Equity (A: Feb. 2024 )+Total Liabilities (A: Feb. 2024 )
=-0.034+0.034
=0.00

Minerva 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+0.034
=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.


Minerva Gold  (OTCPK:MINR) Total Assets Explanation

Total Assets is connected with ROA %.

Minerva 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 )
=-0.08/( (0+0)/ 1 )
=-0.08/N/A
=N/A %

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.

Minerva 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+0)/ 1 )
=0/N/A
=N/A

* 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.

Minerva Gold Total Assets Related Terms

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Minerva Gold (Minerva Gold) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
12/1 Kunayev str, IA 17, Nur-Sultan, KAZ, 010000
Website
Minerva Gold Inc is a junior mineral exploration company engaged in the identification, acquisition and exploration of precious metals in Kazakhstan.

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