Norden Crown Metals (TSXV:NOCR) Total Assets : C$4.40 Mil (As of Mar. 2024)

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What is Norden Crown Metals Total Assets?

Norden Crown Metals's Total Assets for the quarter that ended in Mar. 2024 was C$4.40 Mil.

During the past 12 months, Norden Crown Metals's average Total Assets Growth Rate was -24.30% per year. During the past 3 years, the average Total Assets Growth Rate was -4.50% per year. During the past 5 years, the average Total Assets Growth Rate was 1.20% per year.

During the past 11 years, Norden Crown Metals's highest 3-Year average Total Assets Growth Rate was 891.80%. The lowest was -4.50%. And the median was 21.70%.

Total Assets is connected with ROA %. Norden Crown Metals's annualized ROA % for the quarter that ended in Mar. 2024 was -8.68%. Total Assets is also linked to Revenue through Asset Turnover. Norden Crown Metals's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Norden Crown Metals Total Assets Historical Data

The historical data trend for Norden Crown Metals'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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Norden Crown Metals Total Assets Chart

Norden Crown Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4.33

6.04

6.39

6.24

4.45

Norden Crown Metals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															6.06	5.98	5.68	4.45	4.40

Norden Crown Metals 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.

Norden Crown Metals'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 )
	=	2.704	+	1.741
	=	4.45

Norden Crown Metals'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 )
	=	2.608	+	1.79
	=	4.40

Norden Crown Metals (TSXV:NOCR) Total Assets Explanation

Total Assets is connected with ROA %.

Norden Crown Metals'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 )
	=	-0.384	/	( (4.445	+	4.398)	/ 2 )
	=	-0.384	/	4.4215
	=	-8.68 %

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.

Norden Crown Metals'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	/	( (4.445	+	4.398)	/ 2 )
=	0	/	4.4215
=	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.

Norden Crown Metals Total Assets Related Terms

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Norden Crown Metals (TSXV:NOCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Norden Crown Metals Corp (TSXV:NOCR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NOCRF:USA 03E:Germany

Address

233 West 1st Street, Suite 340, North Vancouver, Vancouver, BC, CAN, V7M 1B3

Website

http://www.nordencrownmetals.com

Norden Crown Metals Corp is a mineral exploration company focused on the discovery of silver, zinc, copper, and gold deposits. It is engaged in one business activity, which is the exploration of base and precious metals. The company's projects include the Gumsberg VMS project and the Burfjord IOCG project.

Executives

David Thornley-hall

Senior Officer

Norden Crown Metals (TSXV:NOCR) Headlines

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