Yorkton Equity Group (TSXV:YEG) Total Assets : C$131.93 Mil (As of Sep. 2024)

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What is Yorkton Equity Group Total Assets?

Yorkton Equity Group's Total Assets for the quarter that ended in Sep. 2024 was C$131.93 Mil.

During the past 12 months, Yorkton Equity Group's average Total Assets Growth Rate was 32.60% per year. During the past 3 years, the average Total Assets Growth Rate was 109.50% per year.

During the past 4 years, Yorkton Equity Group's highest 3-Year average Total Assets Growth Rate was 109.50%. The lowest was 109.50%. And the median was 109.50%.

Total Assets is connected with ROA %. Yorkton Equity Group's annualized ROA % for the quarter that ended in Sep. 2024 was 3.62%. Total Assets is also linked to Revenue through Asset Turnover. Yorkton Equity Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.02.

Yorkton Equity Group Total Assets Historical Data

The historical data trend for Yorkton Equity Group'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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Yorkton Equity Group Total Assets Chart

Yorkton Equity Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

14.94

45.86

58.61

129.05

Yorkton Equity Group Quarterly Data
	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															99.74	129.05	128.98	130.24	131.93

Yorkton Equity Group 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.

Yorkton Equity Group'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 )
	=	25.041	+	104.011
	=	129.05

Yorkton Equity Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	27.308	+	104.627
	=	131.94

Yorkton Equity Group (TSXV:YEG) Total Assets Explanation

Total Assets is connected with ROA %.

Yorkton Equity Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	4.744	/	( (130.238	+	131.934)	/ 2 )
	=	4.744	/	131.086
	=	3.62 %

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

Yorkton Equity Group's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	2.409	/	( (130.238	+	131.934)	/ 2 )
=	2.409	/	131.086
=	0.02

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.

Yorkton Equity Group Total Assets Related Terms

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Yorkton Equity Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yorkton Equity Group Inc (TSXV:YEG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10180 - 101 Street NW, Suite 3165, Edmonton, AB, CAN, T5J 3S4

Website

https://www.yorktonequitygroup.com

Yorkton Equity Group Inc is a fully integrated, growth-oriented real estate investment company committed to providing shareholders with investment opportunities through the accretive acquisitions of multi-family revenue properties in strategic markets across Canada, with its current focus in Western Canada. YEG's focus is to acquire and manage multi-family revenue properties in growing strategic markets across Canada with strong economic fundamentals and to grow the Net Operating Income (NOI) and the Net Asset Value (NAV) of its revenue property portfolio.

Executives

Rajeev Liyanage	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Zhaohui Sun	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Evan King-fun Chan	Director, Senior Officer

Yorkton Equity Group Headlines

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