Norse Gold (TSXV:VKG) Total Assets: C$2.01 Mil (As of Mar. 2026)

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What is Norse Gold Total Assets?

Norse Gold TSXV:VKG Total Assets is C$2.01 Mil as of Mar. 2026. The stock has 3 warning signs investors should review.

Norse Gold's Total Assets for the quarter that ended in Mar. 2026 was C$2.01 Mil.

During the past 12 months, Norse Gold's average Total Assets Growth Rate was 4.50% per year. During the past 3 years, the average Total Assets Growth Rate was 1.90% per year. During the past 5 years, the average Total Assets Growth Rate was 1.40% per year. During the past 10 years, the average Total Assets Growth Rate was 65.40% per year.

During the past 13 years, Norse Gold's highest 3-Year average Total Assets Growth Rate was 389.40%. The lowest was -82.80%. And the median was 3.05%.

Total Assets is connected with ROA %. Norse Gold's annualized ROA % for the quarter that ended in Mar. 2026 was -101.35%. Total Assets is also linked to Revenue through Asset Turnover. Norse Gold's Asset Turnover for the quarter that ended in Mar. 2026 was 0.00.

Norse Gold  (TSXV:VKG) Total Assets Explanation

Total Assets is connected with ROA %.

Norse Gold's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-1.536/( (1.023+2.008)/ 2 )
=-1.536/1.5155
=-101.35 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) 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.

Norse Gold's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=0/( (1.023+2.008)/ 2 )
=0/1.5155
=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.

Norse Gold Total Assets Related Terms

Norse Gold Total Assets Historical Data

* Premium members only.

The historical data trend for Norse 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.

Norse Gold Total Assets Chart

Norse Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.96 0.96 0.99 1.02

Norse Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.00 1.02 1.02 1.02 2.01

Norse 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.

Norse Gold's Total Assets for the fiscal year that ended in Jun. 2025 is calculated as

Total Assets=Total Equity (A: Jun. 2025 )+Total Liabilities (A: Jun. 2025 )
=0.682+0.333
=1.02

Norse Gold's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=1.49+0.518
=2.01

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of C$2.01 Mil mean?
Norse Gold (TSXV:VKG) has a Total Assets of C$2.01 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Norse Gold and its competitors.
Is Norse Gold's Total Assets too high?
Norse Gold's current Total Assets is C$2.01 Mil.
How does Norse Gold's Total Assets compare to NEM and AU?
Norse Gold's Total Assets of C$2.01 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Norse Gold and its competitors. Norse Gold's current Total Assets is C$2.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norse Gold stock overvalued right now?
Norse Gold (TSXV:VKG) has a current Total Assets of C$2.01 Mil. The current Total Assets is C$2.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Norse Gold (TSXV:VKG), the current Total Assets is C$2.01 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Norse Gold Business Description

Address 224 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Norse Gold Corp is a Canada-based company engaged in the acquisition, exploration, and development of natural resources in Canada. It operates through the Yellow Knife Gold Project situated in the Yellowknife Gold Belt in the north of Yellowknife.