Jaxon Mining (TSXV:JAX.H) Total Assets: C$7.32 Mil (As of Oct. 2023)


What is Jaxon Mining Total Assets?

Jaxon Mining TSXV:JAX.H Total Assets is C$7.32 Mil as of Oct. 2023.

Jaxon Mining's Total Assets for the quarter that ended in Oct. 2023 was C$7.32 Mil.

Total Assets is connected with ROA %. Jaxon Mining's annualized ROA % for the quarter that ended in Oct. 2023 was -5.67%. Total Assets is also linked to Revenue through Asset Turnover. Jaxon Mining's Asset Turnover for the quarter that ended in Oct. 2023 was 0.00.

Jaxon Mining  (TSXV:JAX.H) Total Assets Explanation

Total Assets is connected with ROA %.

Jaxon Mining's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %=Net Income (Q: Oct. 2023 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=-0.416/( (7.363+7.322)/ 2 )
=-0.416/7.3425
=-5.67 %

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

Jaxon Mining's Asset Turnover for the quarter that ended in Oct. 2023 is

Asset Turnover
=Revenue (Q: Oct. 2023 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=0/( (7.363+7.322)/ 2 )
=0/7.3425
=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.

Jaxon Mining Total Assets Related Terms

Jaxon Mining Total Assets Historical Data

* Premium members only.

The historical data trend for Jaxon Mining'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.

Jaxon Mining Total Assets Chart

Jaxon Mining Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 5.92 5.55 7.91 8.08

Jaxon Mining Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 8.05 8.08 7.47 7.36 7.32

Jaxon Mining 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.

Jaxon Mining's Total Assets for the fiscal year that ended in Jan. 2023 is calculated as

Total Assets=Total Equity (A: Jan. 2023 )+Total Liabilities (A: Jan. 2023 )
=6.616+1.46
=8.08

Jaxon Mining's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (Q: Oct. 2023 )+Total Liabilities (Q: Oct. 2023 )
=6.236+1.086
=7.32

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of C$7.32 Mil mean?
Jaxon Mining (TSXV:JAX.H) has a Total Assets of C$7.32 Mil as of Oct. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Jaxon Mining and its competitors.
Is Jaxon Mining's Total Assets too high?
Jaxon Mining's current Total Assets is C$7.32 Mil.
How does Jaxon Mining's Total Assets compare to ENRT and ATAO?
Jaxon Mining's Total Assets of C$7.32 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Jaxon Mining and its competitors. Jaxon Mining's current Total Assets is C$7.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaxon Mining stock overvalued right now?
Jaxon Mining (TSXV:JAX.H) has a current Total Assets of C$7.32 Mil. The current Total Assets is C$7.32 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Jaxon Mining (TSXV:JAX.H), the current Total Assets is C$7.32 Mil as of Oct. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jaxon Mining Business Description

Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Jaxon Mining Inc is a mineral exploration and development company. Its projects include Res Springs, Blunt Mountain, Kispiox Mountain, Netalzul Mountain, and Max Project.