PGLDF (P2 Gold) Total Assets : $0.48 Mil (As of Dec. 2024)

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What is P2 Gold Total Assets?

P2 Gold's Total Assets for the quarter that ended in Dec. 2024 was $0.48 Mil.

During the past 12 months, P2 Gold's average Total Assets Growth Rate was -45.10% per year. During the past 3 years, the average Total Assets Growth Rate was -39.50% per year. During the past 5 years, the average Total Assets Growth Rate was 9.00% per year.

During the past 8 years, P2 Gold's highest 3-Year average Total Assets Growth Rate was 115.40%. The lowest was -39.50%. And the median was 50.05%.

Total Assets is connected with ROA %. P2 Gold's annualized ROA % for the quarter that ended in Dec. 2024 was 440.45%. Total Assets is also linked to Revenue through Asset Turnover. P2 Gold's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

P2 Gold Total Assets Historical Data

The historical data trend for P2 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.

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P2 Gold Total Assets Chart

P2 Gold Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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1.45

6.60

1.78

0.23

0.48

P2 Gold Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															0.23	0.61	0.28	0.68	0.48

P2 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.

P2 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 )
	=	-1.551	+	2.031
	=	0.48

P2 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 )
	=	-1.551	+	2.031
	=	0.48

P2 Gold (OTCPK:PGLDF) Total Assets Explanation

Total Assets is connected with ROA %.

P2 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 )
	=	2.548	/	( (0.676	+	0.481)	/ 2 )
	=	2.548	/	0.5785
	=	440.45 %

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.

P2 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	/	( (0.676	+	0.481)	/ 2 )
=	0	/	0.5785
=	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.

P2 Gold Total Assets Related Terms

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P2 Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » P2 Gold Inc (OTCPK:PGLDF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

4Z9:Germany PGLD:Canada

Address

999 West Hastings Street, Suite 789, Vancouver, BC, CAN, V6C 2W2

Website

https://www.p2gold.com

P2 Gold Inc is a junior mining, exploration, and development company engaged in the acquisition, exploration, and development of mineral properties in the western United States of America (USA) and whose current focus is on advancing precious metals discoveries and acquisitions in Nevada. Its property portfolio includes the Silver Reef Property, Gabbs Project, Lost Cabin Property, and others.