Lode Gold Resources (TSXV:LOD) Total Assets : C$27.47 Mil (As of Sep. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Lode Gold Resources Total Assets?

Lode Gold Resources's Total Assets for the quarter that ended in Sep. 2024 was C$27.47 Mil.

During the past 12 months, Lode Gold Resources's average Total Assets Growth Rate was 3.70% per year. During the past 3 years, the average Total Assets Growth Rate was 65.80% per year. During the past 5 years, the average Total Assets Growth Rate was 72.80% per year. During the past 10 years, the average Total Assets Growth Rate was 46.50% per year.

During the past 13 years, Lode Gold Resources's highest 3-Year average Total Assets Growth Rate was 187.30%. The lowest was -75.30%. And the median was 17.15%.

Total Assets is connected with ROA %. Lode Gold Resources's annualized ROA % for the quarter that ended in Sep. 2024 was -9.16%. Total Assets is also linked to Revenue through Asset Turnover. Lode Gold Resources's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Lode Gold Resources Total Assets Historical Data

The historical data trend for Lode Gold Resources'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.

Lode Gold Resources Total Assets Chart

Lode Gold Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

3.28

11.68

26.99

27.05

26.51

Lode Gold Resources 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															26.65	26.51	27.74	27.72	27.47

Lode Gold Resources 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.

Lode Gold Resources'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 )
	=	21.572	+	4.937
	=	26.51

Lode Gold Resources'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 )
	=	22.179	+	5.295
	=	27.47

Lode Gold Resources (TSXV:LOD) Total Assets Explanation

Total Assets is connected with ROA %.

Lode Gold Resources'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 )
	=	-2.528	/	( (27.718	+	27.473)	/ 2 )
	=	-2.528	/	27.5955
	=	-9.16 %

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.

Lode Gold Resources'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	/	( (27.718	+	27.473)	/ 2 )
=	0	/	27.5955
=	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.

Lode Gold Resources Total Assets Related Terms

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

Lode Gold Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lode Gold Resources Inc (TSXV:LOD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LODFF:USA

Address

100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.lode-gold.com

Lode Gold Resources Inc is a Canadian exploration and development company with grassroots and advanced exploration properties in highly prospective and safe mining jurisdictions. The company projects are McIntyre Brook Project, Golden Culvert and Win Projects. It also holds a pipeline of early-stage exploration projects including the critical mineral Captain Cobalt-Copper-Gold Deposit in New Brunswick and the Dingman Gold Project, Ontario.

Executives

Yongbiao Ding	Senior Officer
Wendy Chan	Director

Lode Gold Resources Headlines

No Headlines