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Allegiant Gold (TSXV:AUAU) Total Assets : C$38.06 Mil (As of Mar. 2024)


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What is Allegiant Gold Total Assets?

Allegiant Gold's Total Assets for the quarter that ended in Mar. 2024 was C$38.06 Mil.

During the past 12 months, Allegiant Gold's average Total Assets Growth Rate was 7.40% per year. During the past 3 years, the average Total Assets Growth Rate was 6.80% per year. During the past 5 years, the average Total Assets Growth Rate was 6.00% per year.

During the past 7 years, Allegiant Gold's highest 3-Year average Total Assets Growth Rate was 6.80%. The lowest was 2.40%. And the median was 5.80%.

Total Assets is connected with ROA %. Allegiant Gold's annualized ROA % for the quarter that ended in Mar. 2024 was -18.05%. Total Assets is also linked to Revenue through Asset Turnover. Allegiant Gold's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Allegiant Gold Total Assets Historical Data

The historical data trend for Allegiant 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.

Allegiant Gold Total Assets Chart

Allegiant Gold Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial 25.43 29.58 29.70 33.84 34.10

Allegiant Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 32.84 32.48 34.10 38.64 38.06

Allegiant 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.

Allegiant Gold'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 )
=33.773+0.329
=34.10

Allegiant Gold's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=36.81+1.248
=38.06

* 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.

Allegiant Gold  (TSXV:AUAU) Total Assets Explanation

Total Assets is connected with ROA %.

Allegiant Gold's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-6.92/( (38.636+38.058)/ 2 )
=-6.92/38.347
=-18.05 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Allegiant Gold's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (38.636+38.058)/ 2 )
=0/38.347
=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.

Allegiant Gold Total Assets Related Terms

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Allegiant Gold (TSXV:AUAU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allegiant Gold Ltd (TSXV:AUAU) » Definitions » Total Assets
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Traded in Other Exchanges
AUXXF:USA
Address
1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9
Website
https://www.allegiantgold.com
Allegiant Gold Ltd is a gold exploration company. Its project profile consists of Bolo and Eastside in Nevada; Browns Canyon, West Goldfield, Overland Pass, White Horse Flats, and White Horse North. The business has one segment, being mineral exploration and evaluation. All assets of the firm are located in the USA.
Executives
Shawn Nichols Director

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