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TGOLF (Thunder Gold) Total Assets : $6.42 Mil (As of Jan. 2025)


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What is Thunder Gold Total Assets?

Thunder Gold's Total Assets for the quarter that ended in Jan. 2025 was $6.42 Mil.

During the past 12 months, Thunder Gold's average Total Assets Growth Rate was -9.80% per year. During the past 3 years, the average Total Assets Growth Rate was 39.40% per year. During the past 5 years, the average Total Assets Growth Rate was 71.40% per year. During the past 10 years, the average Total Assets Growth Rate was 42.50% per year.

During the past 13 years, Thunder Gold's highest 3-Year average Total Assets Growth Rate was 113.90%. The lowest was -67.50%. And the median was 12.30%.

Total Assets is connected with ROA %. Thunder Gold's annualized ROA % for the quarter that ended in Jan. 2025 was -26.74%. Total Assets is also linked to Revenue through Asset Turnover. Thunder Gold's Asset Turnover for the quarter that ended in Jan. 2025 was 0.00.

Thunder Gold Total Assets Historical Data

The historical data trend for Thunder 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.

Thunder Gold Total Assets Chart

Thunder Gold Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 4.97 5.85 6.24 5.57

Thunder Gold 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.76 5.57 5.58 6.08 6.42

Thunder 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.

Thunder Gold'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 )
=5.529+0.035
=5.56

Thunder Gold'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 )
=6.35+0.074
=6.42

* 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.

Thunder Gold  (OTCPK:TGOLF) Total Assets Explanation

Total Assets is connected with ROA %.

Thunder Gold'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 )
=-1.672/( (6.082+6.424)/ 2 )
=-1.672/6.253
=-26.74 %

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.

Thunder Gold'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/( (6.082+6.424)/ 2 )
=0/6.253
=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.

Thunder Gold Total Assets Related Terms

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Thunder Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thunder Gold Corp (OTCPK:TGOLF) » Definitions » Total Assets
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Traded in Other Exchanges
TGOL:Canada
Address
128-1100 Memorial Avenue, Thunder Bay, ON, CAN, P7B 4A3
Website
https://www.thundergoldcorp.com
Thunder Gold Corp is a junior exploration company. The company's flagship property is the Tower Mountain gold project, located in northwestern Ontario, fifty km west of Thunder Bay. The firm also holds a 100% interest in the Pen Property (Au) and the Seagull Lake Property (PGEs), both located in northwestern ON. In addition, the Company has optioned the following properties to other companies: Okohongo (Cu-Ag) and Dorwit (Cu-Ag) in Namibia, Vanguard-Iris Lake (Au), and Far Lake (CuAg) in ON, and the Startrek (Au-Ag) property in NF.