Kadestone Capital (TSXV:KDSX) Total Assets : C$25.80 Mil (As of Sep. 2024)

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What is Kadestone Capital Total Assets?

Kadestone Capital's Total Assets for the quarter that ended in Sep. 2024 was C$25.80 Mil.

During the past 12 months, Kadestone Capital's average Total Assets Growth Rate was -35.60% per year. During the past 3 years, the average Total Assets Growth Rate was 25.00% per year.

During the past 5 years, Kadestone Capital's highest 3-Year average Total Assets Growth Rate was 118.80%. The lowest was 25.00%. And the median was 71.90%.

Total Assets is connected with ROA %. Kadestone Capital's annualized ROA % for the quarter that ended in Sep. 2024 was -16.23%. Total Assets is also linked to Revenue through Asset Turnover. Kadestone Capital's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Kadestone Capital Total Assets Historical Data

The historical data trend for Kadestone Capital'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.

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Kadestone Capital Total Assets Chart

Kadestone Capital Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

2.62

20.66

23.13

27.60

27.50

Kadestone Capital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															25.69	27.50	26.54	26.40	25.80

Kadestone Capital 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.

Kadestone Capital'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 )
	=	10.273	+	17.226
	=	27.50

Kadestone Capital's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	7.755	+	18.041
	=	25.80

Kadestone Capital (TSXV:KDSX) Total Assets Explanation

Total Assets is connected with ROA %.

Kadestone Capital's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-4.236	/	( (26.395	+	25.796)	/ 2 )
	=	-4.236	/	26.0955
	=	-16.23 %

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

Kadestone Capital's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0	/	( (26.395	+	25.796)	/ 2 )
=	0	/	26.0955
=	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.

Kadestone Capital Total Assets Related Terms

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Kadestone Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kadestone Capital Corp (TSXV:KDSX) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

1133 Melville Street, Suite 3500, The Stack, Vancouver, BC, CAN, V6E 4E5

Website

https://www.kadestone.com

Kadestone Capital Corp is engaged in the acquisition, development, and management of residential and commercial rental units, and the development and construction of residential housing units for sale. Property revenues include rental revenue from income-producing properties. In addition, it is also engaged in the procurement and sale of building materials within urban centers and high-growth, emerging markets in Canada. It recognizes revenue from the sale of building materials in Canada and the United States.

Executives

Ge Chen

10% Security Holder

Kadestone Capital Headlines

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