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Kapa Gold (TSXV:KAPA) Total Assets : C$2.57 Mil (As of Mar. 2024)


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What is Kapa Gold Total Assets?

Kapa Gold's Total Assets for the quarter that ended in Mar. 2024 was C$2.57 Mil.

During the past 12 months, Kapa Gold's average Total Assets Growth Rate was 15.20% per year.

Total Assets is connected with ROA %. Kapa Gold's annualized ROA % for the quarter that ended in Mar. 2024 was -24.78%. Total Assets is also linked to Revenue through Asset Turnover. Kapa Gold's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


Kapa Gold Total Assets Historical Data

The historical data trend for Kapa 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.

Kapa Gold Total Assets Chart

Kapa Gold Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Dec23
Total Assets
Get a 7-Day Free Trial 0.27 0.24 0.17 0.10 2.73

Kapa Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 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 3.22 2.96 2.84 2.73 2.57

Kapa 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.

Kapa Gold's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=2.471+0.257
=2.73

Kapa 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 )
=2.309+0.256
=2.57

* 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.


Kapa Gold  (TSXV:KAPA) Total Assets Explanation

Total Assets is connected with ROA %.

Kapa 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 )
=-0.656/( (2.728+2.566)/ 2 )
=-0.656/2.647
=-24.78 %

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.

Kapa 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/( (2.728+2.566)/ 2 )
=0/2.647
=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.

Kapa Gold Total Assets Related Terms

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Kapa Gold (TSXV:KAPA) Business Description

Traded in Other Exchanges
N/A
Address
1199 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 3T5
Kapa Gold Inc, along with its subsidiary is engaged in mineral exploration operations. The company's principal business activity is the acquisition and exploration of mineral property interests. Its project includes Mastodon Nickel Project and Blackhawk Mine.
Executives
David Karl Paxton Director, Senior Officer

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