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


RAFX Rafex Gold Corp RAFX
39 GF Score
Price $0.50
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What is Rafex Gold Total Assets?

Rafex Gold RAFX -50.32% 39 Total Assets is $0.90 Mil as of Sep. 2023. GuruFocus rates RAFX with a GF Score™ of 39/100.

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  (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

* 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.

Rafex Gold Total Assets Related Terms

Rafex Gold Total Assets Historical Data

* Premium members only.

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.

Rafex Gold Total Assets Chart

Rafex Gold Annual Data
Trend
Total Assets

Rafex Gold Quarterly Data
Sep22 Sep23
Total Assets 0.00 0.90
RAFX
39GF Score
Rafex Gold Corp RAFX
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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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

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.90 Mil mean?
Rafex Gold (RAFX) has a Total Assets of $0.90 Mil as of Sep. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Rafex Gold and its competitors.
Is Rafex Gold's Total Assets too high?
Rafex Gold's current Total Assets is $0.90 Mil. Overall, Rafex Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Rafex Gold's Total Assets compare to AHAD and BLAIF?
Rafex Gold's Total Assets of $0.90 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Rafex Gold and its competitors. Rafex Gold's current Total Assets is $0.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafex Gold stock overvalued right now?
Rafex Gold (RAFX) has a current Total Assets of $0.90 Mil. The current Total Assets is $0.90 Mil. Rafex Gold's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Rafex Gold (RAFX), the current Total Assets is $0.90 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rafex Gold Business Description

Address 1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001
Rafex Gold Corp engages in mineral exploration activities, focusing on the exploration and development of various mineral resources. The company's key assets include the Bendoc, Mt Bute, and Rutherglen projects, along with the Aur Gading iron ore mine. The Mt Bute Project is located in the Lachlan Orogen, a region known for hosting gold deposits, and is currently undergoing exploration and development activities.
39GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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