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North Arrow Minerals (TSXV:NAR) Total Assets : C$18.73 Mil (As of Jul. 2024)


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What is North Arrow Minerals Total Assets?

North Arrow Minerals's Total Assets for the quarter that ended in Jul. 2024 was C$18.73 Mil.

During the past 12 months, North Arrow Minerals's average Total Assets Growth Rate was 5.10% per year. During the past 3 years, the average Total Assets Growth Rate was -3.60% per year. During the past 5 years, the average Total Assets Growth Rate was -2.80% per year. During the past 10 years, the average Total Assets Growth Rate was 10.60% per year.

During the past 13 years, North Arrow Minerals's highest 3-Year average Total Assets Growth Rate was 488.10%. The lowest was -40.70%. And the median was 14.90%.

Total Assets is connected with ROA %. North Arrow Minerals's annualized ROA % for the quarter that ended in Jul. 2024 was 26.97%. Total Assets is also linked to Revenue through Asset Turnover. North Arrow Minerals's Asset Turnover for the quarter that ended in Jul. 2024 was 0.00.


North Arrow Minerals Total Assets Historical Data

The historical data trend for North Arrow Minerals'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.

North Arrow Minerals Total Assets Chart

North Arrow Minerals Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.97 20.60 20.14 16.18 17.90

North Arrow Minerals Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 18.67 18.37 17.98 17.90 18.73

North Arrow Minerals 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.

North Arrow Minerals's Total Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Assets=Total Equity (A: Apr. 2024 )+Total Liabilities (A: Apr. 2024 )
=16.694+1.208
=17.90

North Arrow Minerals's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets=Total Equity (Q: Jul. 2024 )+Total Liabilities (Q: Jul. 2024 )
=17.964+0.762
=18.73

* 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.


North Arrow Minerals  (TSXV:NAR) Total Assets Explanation

Total Assets is connected with ROA %.

North Arrow Minerals's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %=Net Income (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=4.94/( (17.901+18.726)/ 2 )
=4.94/18.3135
=26.97 %

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

North Arrow Minerals's Asset Turnover for the quarter that ended in Jul. 2024 is

Asset Turnover
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=0/( (17.901+18.726)/ 2 )
=0/18.3135
=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.

North Arrow Minerals Total Assets Related Terms

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North Arrow Minerals Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2
North Arrow Minerals Inc is engaged in acquiring, exploring, and evaluating mineral properties in Canada. Its exploration projects include the DeStaffany property, Bathurst Inlet lithium property, MacKay Lake project, Naujaat diamond project, Pikoo diamond project, and the Loki diamond project among others. Geographically, the company operates only in Canada.
Executives
Douglas Blair Murdoch Director
David Grenville Thomas Deemed Insider - 6 Months before becoming Insider

North Arrow Minerals Headlines

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