Tarku Resources (Tarku Resources) Total Assets : $3.04 Mil (As of Dec. 2023)

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What is Tarku Resources Total Assets?

Tarku Resources's Total Assets for the quarter that ended in Dec. 2023 was $3.04 Mil.

During the past 12 months, Tarku Resources's average Total Assets Growth Rate was 9.20% per year. During the past 3 years, the average Total Assets Growth Rate was 92.70% per year. During the past 5 years, the average Total Assets Growth Rate was 53.80% per year. During the past 10 years, the average Total Assets Growth Rate was 49.00% per year.

During the past 13 years, Tarku Resources's highest 3-Year average Total Assets Growth Rate was 306.20%. The lowest was -15.60%. And the median was 87.75%.

Total Assets is connected with ROA %. Tarku Resources's annualized ROA % for the quarter that ended in Dec. 2023 was -29.27%. Total Assets is also linked to Revenue through Asset Turnover. Tarku Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Tarku Resources Total Assets Historical Data

The historical data trend for Tarku 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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Tarku Resources Total Assets Chart

Tarku Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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0.40

0.78

1.48

2.76

2.78

Tarku Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															2.91	2.87	2.84	2.78	3.04

Tarku 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.

Tarku Resources's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	2.263	+	0.518
	=	2.78

Tarku Resources's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2.332	+	0.707
	=	3.04

Tarku Resources (OTCPK:TRKUF) Total Assets Explanation

Total Assets is connected with ROA %.

Tarku Resources's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.852	/	( (2.782	+	3.039)	/ 2 )
	=	-0.852	/	2.9105
	=	-29.27 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Tarku Resources's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (2.782	+	3.039)	/ 2 )
=	0	/	2.9105
=	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.

Tarku Resources Total Assets Related Terms

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Tarku Resources (Tarku Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tarku Resources Ltd (OTCPK:TRKUF) » Definitions » Total Assets

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Traded in Other Exchanges

7TK:Germany TKU:Canada

Address

4th Avenue Street, Suite 602 - 224, Saskatoon, SK, CAN, S7K 5M5

Website

https://www.tarkuresources.com

Tarku Resources Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, and development of precious and base metals in the mineral-rich Canadian landscape. It explores uranium, gold, silver, copper, zinc, and diamonds. It holds an interest in the Apollo gold project, Max Lithium Project, Admiral gold project, Atlas gold project in Quebec, and silver strike project in Arizona. The company operates in two geographical segments Arizona and Quebec, out of which it makes majority of revenue from Arizona.