Newport Exploration (TSXV:NWX) Total Assets : C$3.10 Mil (As of Jan. 2025)

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What is Newport Exploration Total Assets?

Newport Exploration's Total Assets for the quarter that ended in Jan. 2025 was C$3.10 Mil.

During the past 12 months, Newport Exploration's average Total Assets Growth Rate was -50.80% per year. During the past 3 years, the average Total Assets Growth Rate was -29.20% per year. During the past 5 years, the average Total Assets Growth Rate was -20.10% per year. During the past 10 years, the average Total Assets Growth Rate was -15.50% per year.

During the past 13 years, Newport Exploration's highest 3-Year average Total Assets Growth Rate was 330.90%. The lowest was -78.90%. And the median was -10.10%.

Total Assets is connected with ROA %. Newport Exploration's annualized ROA % for the quarter that ended in Jan. 2025 was -13.31%. Total Assets is also linked to Revenue through Asset Turnover. Newport Exploration's Asset Turnover for the quarter that ended in Jan. 2025 was 0.00.

Newport Exploration Total Assets Historical Data

The historical data trend for Newport Exploration'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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Newport Exploration Total Assets Chart

Newport Exploration Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Total Assets

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8.65

8.12

6.13

3.99

2.68

Newport Exploration Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Assets	Get a 7-Day Free Trial															3.05	2.91	2.68	2.91	3.10

Newport Exploration 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.

Newport Exploration's Total Assets for the fiscal year that ended in Jul. 2024 is calculated as

Total Assets	=	Total Equity (A: Jul. 2024 )	+	Total Liabilities (A: Jul. 2024 )
	=	2.576	+	0.102
	=	2.68

Newport Exploration's Total Assets for the quarter that ended in Jan. 2025 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2025 )	+	Total Liabilities (Q: Jan. 2025 )
	=	3.018	+	0.082
	=	3.10

Newport Exploration (TSXV:NWX) Total Assets Explanation

Total Assets is connected with ROA %.

Newport Exploration's annualized ROA % for the quarter that ended in Jan. 2025 is

ROA %	=	Net Income (Q: Jan. 2025 )	/	( (Total Assets (Q: Oct. 2024 )	+	Total Assets (Q: Jan. 2025 ))	/ count )
	=	-0.4	/	( (2.912	+	3.1)	/ 2 )
	=	-0.4	/	3.006
	=	-13.31 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) 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.

Newport Exploration's Asset Turnover for the quarter that ended in Jan. 2025 is

	Asset Turnover
=	Revenue (Q: Jan. 2025 )	/	( (Total Assets (Q: Oct. 2024 )	+	Total Assets (Q: Jan. 2025 ))	/ count )
=	0	/	( (2.912	+	3.1)	/ 2 )
=	0	/	3.006
=	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.

Newport Exploration Total Assets Related Terms

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Newport Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newport Exploration Ltd (TSXV:NWX) » Definitions » Total Assets

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NWXPF:USA

Address

2168 Marine Drive, Suite 202, West Vancouver, Vancouver, BC, CAN, V7V 1K3

Website

https://www.newport-exploration.com

Newport Exploration Ltd is an exploration stage company engaged in the acquisition and exploration of resource properties. The company holds an interest in the Cooper Basin in Australia, an onshore oil and gas development area operated by Beach Energy, and derives royalty income from this interest. It also holds an interest in Chu Chua, a sulphide deposit located north of Kamloops, British Columbia. The company operates in a single segment with its exploration asset in Canada, and its royalty income being derived from Australia.

Executives

Barbara Eileen Dunfield

Director, Senior Officer

Newport Exploration Headlines

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