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Baden Resources (XCNQ:BDN) Total Assets : C$0.24 Mil (As of Sep. 2022)


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What is Baden Resources Total Assets?

Baden Resources's Total Assets for the quarter that ended in Sep. 2022 was C$0.24 Mil.

Total Assets is connected with ROA %. Baden Resources's annualized ROA % for the quarter that ended in Sep. 2022 was -84.92%. Total Assets is also linked to Revenue through Asset Turnover. Baden Resources's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.


Baden Resources Total Assets Historical Data

The historical data trend for Baden Resources'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.

* Premium members only.

Baden Resources Total Assets Chart

Baden Resources Annual Data
Trend Jun20 Jun21 Jun22
Total Assets
0.31 0.48 0.30

Baden Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.46 0.45 0.60 0.30 0.24

Baden Resources 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.

Baden Resources's Total Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Assets=Total Equity (A: Jun. 2022 )+Total Liabilities (A: Jun. 2022 )
=0.263+0.036
=0.30

Baden Resources's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=0.206+0.032
=0.24

* 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.


Baden Resources  (XCNQ:BDN) Total Assets Explanation

Total Assets is connected with ROA %.

Baden Resources's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=-0.228/( (0.299+0.238)/ 2 )
=-0.228/0.2685
=-84.92 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

Baden Resources's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (0.299+0.238)/ 2 )
=0/0.2685
=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.

Baden Resources Total Assets Related Terms

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Baden Resources (XCNQ:BDN) Business Description

Traded in Other Exchanges
N/A
Address
905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6
Website
Baden Resources Inc is a mineral exploration company focused on the acquisition, exploration, and development of mineral properties in British Columbia. Its Midway Property is located in southern British Columbia between the towns of Midway, BC and Rock Creek, BC.