RDYFF (Newpath Resources) Total Assets : $0.99 Mil (As of Jan. 2025)

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What is Newpath Resources Total Assets?

Newpath Resources's Total Assets for the quarter that ended in Jan. 2025 was $0.99 Mil.

During the past 3 years, the average Total Assets Growth Rate was -52.90% per year.

During the past 5 years, Newpath Resources's highest 3-Year average Total Assets Growth Rate was 95.20%. The lowest was -52.90%. And the median was 21.15%.

Total Assets is connected with ROA %. Newpath Resources's annualized ROA % for the quarter that ended in Jan. 2025 was -61.51%. Total Assets is also linked to Revenue through Asset Turnover. Newpath Resources's Asset Turnover for the quarter that ended in Jan. 2025 was 0.00.

Newpath Resources Total Assets Historical Data

The historical data trend for Newpath Resources'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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Newpath Resources Total Assets Chart

Newpath Resources Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Apr24

Total Assets

1.02

9.46

2.23

1.63

1.18

Newpath Resources Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Assets	Get a 7-Day Free Trial															-	1.18	1.08	1.10	0.99

Newpath Resources 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.

Newpath Resources's Total Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Assets	=	Total Equity (A: Apr. 2024 )	+	Total Liabilities (A: Apr. 2024 )
	=	-1.218	+	2.398
	=	1.18

Newpath Resources's Total Assets for the quarter that ended in Jan. 2025 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2025 )	+	Total Liabilities (Q: Jan. 2025 )
	=	-1.61	+	2.601
	=	0.99

Newpath Resources (OTCPK:RDYFF) Total Assets Explanation

Total Assets is connected with ROA %.

Newpath Resources's annualized ROA % for the quarter that ended in Jan. 2025 is

ROA %	=	Net Income (Q: Jan. 2025 )	/	( (Total Assets (Q: Oct. 2024 )	+	Total Assets (Q: Jan. 2025 ))	/ count )
	=	-0.644	/	( (1.103	+	0.991)	/ 2 )
	=	-0.644	/	1.047
	=	-61.51 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) 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.

Newpath Resources's Asset Turnover for the quarter that ended in Jan. 2025 is

	Asset Turnover
=	Revenue (Q: Jan. 2025 )	/	( (Total Assets (Q: Oct. 2024 )	+	Total Assets (Q: Jan. 2025 ))	/ count )
=	0	/	( (1.103	+	0.991)	/ 2 )
=	0	/	1.047
=	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.

Newpath Resources Total Assets Related Terms

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Newpath Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newpath Resources Inc (OTCPK:RDYFF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

0MZ:Germany PATH:Canada

Address

333 Terminal Avenue, Unit 220, Vancouver, BC, CAN, V6A 4C1

Website

https://www.newpathresources.com

Newpath Resources Inc is in the business of acquiring, exploring, and evaluating mineral resource properties in Canada. . Its property include Northshore property, Schreiber Area, and Orefield project.

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