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Harfang Exploration (TSXV:HAR) Total Assets : C$14.72 Mil (As of Oct. 2024)


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What is Harfang Exploration Total Assets?

Harfang Exploration's Total Assets for the quarter that ended in Oct. 2024 was C$14.72 Mil.

During the past 12 months, Harfang Exploration's average Total Assets Growth Rate was 5.70% per year. During the past 3 years, the average Total Assets Growth Rate was 96.70% per year. During the past 5 years, the average Total Assets Growth Rate was 75.90% per year.

During the past 13 years, Harfang Exploration's highest 3-Year average Total Assets Growth Rate was 117.60%. The lowest was 21.00%. And the median was 61.45%.

Total Assets is connected with ROA %. Harfang Exploration's annualized ROA % for the quarter that ended in Oct. 2024 was -12.29%. Total Assets is also linked to Revenue through Asset Turnover. Harfang Exploration's Asset Turnover for the quarter that ended in Oct. 2024 was 0.00.


Harfang Exploration Total Assets Historical Data

The historical data trend for Harfang Exploration'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.

Harfang Exploration Total Assets Chart

Harfang Exploration Annual Data
Trend Oct14 Oct15 Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.91 10.02 8.93 17.19 16.59

Harfang Exploration Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 16.11 16.59 16.20 15.55 14.72

Harfang Exploration 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.

Harfang Exploration's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=15.87+0.722
=16.59

Harfang Exploration's Total Assets for the quarter that ended in Oct. 2024 is calculated as

Total Assets=Total Equity (Q: Oct. 2024 )+Total Liabilities (Q: Oct. 2024 )
=14.325+0.395
=14.72

* 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.


Harfang Exploration  (TSXV:HAR) Total Assets Explanation

Total Assets is connected with ROA %.

Harfang Exploration's annualized ROA % for the quarter that ended in Oct. 2024 is

ROA %=Net Income (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=-1.86/( (15.546+14.721)/ 2 )
=-1.86/15.1335
=-12.29 %

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

Harfang Exploration's Asset Turnover for the quarter that ended in Oct. 2024 is

Asset Turnover
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=0/( (15.546+14.721)/ 2 )
=0/15.1335
=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.

Harfang Exploration Total Assets Related Terms

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Harfang Exploration Business Description

Traded in Other Exchanges
Address
1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company. The company is engaged in the business of acquiring and exploring mineral properties in Canada. The company's focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northeastern Ontario for gold. Its project portfolio includes Lake Menarik, Menarik East, Serpent, Lake Fagnant, and Lake Aulneau properties, Lake Tapiatic Property, and others.
Executives
Ian James Campbell Director
Marc Pothier Senior Officer
François Goulet Director
Pierre Labbé Director or Senior Officer of 10% Security Holder
Sean Roosen Director or Senior Officer of 10% Security Holder
André Gaumond Director

Harfang Exploration Headlines

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