Mexus Gold US (Mexus Gold US) Total Assets : $1.11 Mil (As of Dec. 2022)

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What is Mexus Gold US Total Assets?

Mexus Gold US's Total Assets for the quarter that ended in Dec. 2022 was $1.11 Mil.

Total Assets is connected with ROA %. Mexus Gold US's annualized ROA % for the quarter that ended in Dec. 2022 was -99.91%. Total Assets is also linked to Revenue through Asset Turnover. Mexus Gold US's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.

Mexus Gold US Total Assets Historical Data

The historical data trend for Mexus Gold US'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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Mexus Gold US Total Assets Chart

Mexus Gold US Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Total Assets

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1.50

1.25

1.23

1.13

1.06

Mexus Gold US Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Total Assets	Get a 7-Day Free Trial															1.07	1.06	1.20	1.11	1.11

Mexus Gold US 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.

Mexus Gold US's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets	=	Total Equity (A: Mar. 2022 )	+	Total Liabilities (A: Mar. 2022 )
	=	-1.744	+	2.803
	=	1.06

Mexus Gold US's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2022 )	+	Total Liabilities (Q: Dec. 2022 )
	=	-1.629	+	2.737
	=	1.11

Mexus Gold US (OTCPK:MXSG) Total Assets Explanation

Total Assets is connected with ROA %.

Mexus Gold US's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %	=	Net Income (Q: Dec. 2022 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	-1.108	/	( (1.109	+	1.109)	/ 2 )
	=	-1.108	/	1.109
	=	-99.91 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

Mexus Gold US's Asset Turnover for the quarter that ended in Dec. 2022 is

	Asset Turnover
=	Revenue (Q: Dec. 2022 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
=	0	/	( (1.109	+	1.109)	/ 2 )
=	0	/	1.109
=	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.

Mexus Gold US Total Assets Related Terms

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Mexus Gold US (Mexus Gold US) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mexus Gold US (OTCPK:MXSG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1805 N. Carson Street, Suite 150, Carson, NV, USA, 89701

Website

http://www.mexusgoldus.com

Mexus Gold US is an exploration stage mining company. The company engages in the evaluation, acquisition, exploration, and advancement of gold, silver, and copper projects in the state of Sonora, Mexico. Its properties include Santa Elena Mine, Ures Property, San Felix Mine, and Sonora.

Executives

Paul Dwight Thompson	director, 10 percent owner, officer: CEO, CFO, Secretary	PO BOX 1036, WALNUT GROVE CA 95690
Gold Us Mexus	director, 10 percent owner, officer: CEO, CFO, Secretary	1805 N. CARSON STREET, #150, CARSON CITY NV 89701
Susie L Johnson	director, officer: President, CFO, Secretary	9337 STARGAZE, SAN DIEGO CA 92129
Phillip Eugene Koehnke	director, 10 percent owner, officer: President, secretary, CFO	PO BOX 235472, ENCINITAS CA 92024