Rafex Gold (Rafex Gold) Total Assets : $0.90 Mil (As of Sep. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Rafex Gold Total Assets?

Rafex Gold's Total Assets for the quarter that ended in Sep. 2023 was $0.90 Mil.

Total Assets is connected with ROA %. Rafex Gold's annualized ROA % for the quarter that ended in Sep. 2023 was -9.38%. Total Assets is also linked to Revenue through Asset Turnover. Rafex Gold's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Rafex Gold Total Assets Historical Data

The historical data trend for Rafex 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.

Rafex Gold Total Assets Chart

Rafex Gold Annual Data

Trend

Total Assets

Rafex Gold Quarterly Data
	Sep22	Sep23
Total Assets	-	0.90

Rafex 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.

Rafex Gold's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets	=	Total Equity (A: . 20 )	+	Total Liabilities (A: . 20 )
	=	N/A	+	N/A
	=	N/A

Rafex Gold's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	0.866	+	0.03
	=	0.90

Rafex Gold (OTCPK:RAFX) Total Assets Explanation

Total Assets is connected with ROA %.

Rafex Gold's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-0.084	/	( (0	+	0.896)	/ 1 )
	=	-0.084	/	0.896
	=	-9.38 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

Rafex Gold's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (0	+	0.896)	/ 1 )
=	0	/	0.896
=	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.

Rafex Gold Total Assets Related Terms

Thank you for viewing the detailed overview of Rafex Gold's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Rafex Gold (Rafex Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Rafex Gold Corp (OTCPK:RAFX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001

Website

https://sakhaenterprises.wordpress.com

Rafex Gold Corp, formerly Sakha Enterprises Corp is a shell company.

Rafex Gold (Rafex Gold) Headlines

No Headlines