Cantex Mine Development (TSXV:CD) Total Assets : C$4.49 Mil (As of Jul. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Cantex Mine Development Total Assets?

Cantex Mine Development's Total Assets for the quarter that ended in Jul. 2024 was C$4.49 Mil.

During the past 12 months, Cantex Mine Development's average Total Assets Growth Rate was 53.70% per year. During the past 3 years, the average Total Assets Growth Rate was -2.50% per year. During the past 5 years, the average Total Assets Growth Rate was -10.50% per year. During the past 10 years, the average Total Assets Growth Rate was 39.90% per year.

During the past 13 years, Cantex Mine Development's highest 3-Year average Total Assets Growth Rate was 266.40%. The lowest was -86.00%. And the median was -6.05%.

Total Assets is connected with ROA %. Cantex Mine Development's annualized ROA % for the quarter that ended in Jul. 2024 was -214.61%. Total Assets is also linked to Revenue through Asset Turnover. Cantex Mine Development's Asset Turnover for the quarter that ended in Jul. 2024 was 0.00.

Cantex Mine Development Total Assets Historical Data

The historical data trend for Cantex Mine Development'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.

Cantex Mine Development Total Assets Chart

Cantex Mine Development Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Total Assets

Get a 7-Day Free Trial

6.73

3.25

4.68

1.47

4.49

Cantex Mine Development Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Jan24	Apr24	Jul24
Total Assets	Get a 7-Day Free Trial															2.31	1.47	4.89	4.34	4.49

Cantex Mine Development 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.

Cantex Mine Development's Total Assets for the fiscal year that ended in Jul. 2024 is calculated as

Total Assets	=	Total Equity (A: Jul. 2024 )	+	Total Liabilities (A: Jul. 2024 )
	=	2.481	+	2.006
	=	4.49

Cantex Mine Development's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2024 )	+	Total Liabilities (Q: Jul. 2024 )
	=	2.481	+	2.006
	=	4.49

Cantex Mine Development (TSXV:CD) Total Assets Explanation

Total Assets is connected with ROA %.

Cantex Mine Development's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %	=	Net Income (Q: Jul. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
	=	-9.472	/	( (4.34	+	4.487)	/ 2 )
	=	-9.472	/	4.4135
	=	-214.61 %

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

Cantex Mine Development's Asset Turnover for the quarter that ended in Jul. 2024 is

	Asset Turnover
=	Revenue (Q: Jul. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
=	0	/	( (4.34	+	4.487)	/ 2 )
=	0	/	4.4135
=	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.

Cantex Mine Development Total Assets Related Terms

Thank you for viewing the detailed overview of Cantex Mine Development's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Cantex Mine Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cantex Mine Development Corp (TSXV:CD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CTXDF:USA

Address

203-1634 Harvey Avenue, Kelowna, BC, CAN, V1Y 6G2

Website

https://www.cantex.ca

Cantex Mine Development Corp is a Canada-based exploration-stage company. The principal activities of the company include the acquisition and exploration of mineral properties for commercial mineral deposits. The company holds an interest in several properties in Yemen including Al Hariqah. Its exploration and mineral properties in Nevada. The company holds an interest in a few claim blocks located in Yukon. The company operates through a single segment Mineral Exploration. Geographically it operates in Canada, Yemen, and the United States of America, and the majority of its revenue is generated from Canada.

Executives

Charles Edgar Fipke	Director, Senior Officer
Vernon Frolick	Director
Chad Stanley Ulansky	Director, Senior Officer
Dundee Corporation	10% Security Holder
Robert Douglas Cudney	10% Security Holder
Jennifer Lee Irons	Senior Officer
Keiven Bauer	Senior Officer