Reyna Gold (TSXV:REYG) Total Assets : C$2.62 Mil (As of Dec. 2023)

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What is Reyna Gold Total Assets?

Reyna Gold's Total Assets for the quarter that ended in Dec. 2023 was C$2.62 Mil.

During the past 12 months, Reyna Gold's average Total Assets Growth Rate was -13.50% per year. During the past 3 years, the average Total Assets Growth Rate was 279.10% per year.

During the past 4 years, Reyna Gold's highest 3-Year average Total Assets Growth Rate was 279.10%. The lowest was 279.10%. And the median was 279.10%.

Total Assets is connected with ROA %. Reyna Gold's annualized ROA % for the quarter that ended in Dec. 2023 was -162.30%. Total Assets is also linked to Revenue through Asset Turnover. Reyna Gold's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Reyna Gold Total Assets Historical Data

The historical data trend for Reyna Gold'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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Reyna Gold Total Assets Chart

Reyna Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

1.32

12.15

7.66

2.62

Reyna Gold Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial							8.37	7.66	6.98	3.93	2.62

Reyna Gold 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.

Reyna Gold'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 )
	=	2.553	+	0.062
	=	2.62

Reyna Gold's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2.553	+	0.062
	=	2.62

Reyna Gold (TSXV:REYG) Total Assets Explanation

Total Assets is connected with ROA %.

Reyna Gold's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-5.308	/	( (3.926	+	2.615)	/ 2 )
	=	-5.308	/	3.2705
	=	-162.30 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Reyna Gold's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (3.926	+	2.615)	/ 2 )
=	0	/	3.2705
=	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.

Reyna Gold Total Assets Related Terms

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Reyna Gold (TSXV:REYG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reyna Gold Corp (TSXV:REYG) » Definitions » Total Assets

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Traded in Other Exchanges

REYGF:USA

Address

410 - 325 Howe Street, Vancouver, BC, CAN, V6C1Z7

Website

https://www.reynagold.com

Reyna Gold Corp is engaged in the acquisition, exploration, and development of resource properties for the mining of precious or base metals with a focus on Mexico. It has one industry segment, which is the acquisition and exploration of mineral properties. Its projects include La Gloria, El Durazno, La Centella and Don Porfirio.

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