Copper Standard Resources (XCNQ:CSR) Total Assets : C$14.08 Mil (As of Dec. 2023)

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What is Copper Standard Resources Total Assets?

Copper Standard Resources's Total Assets for the quarter that ended in Dec. 2023 was C$14.08 Mil.

During the past 12 months, Copper Standard Resources's average Total Assets Growth Rate was 8.70% per year. During the past 3 years, the average Total Assets Growth Rate was 254.20% per year.

During the past 5 years, Copper Standard Resources's highest 3-Year average Total Assets Growth Rate was 254.20%. The lowest was 254.20%. And the median was 254.20%.

Total Assets is connected with ROA %. Copper Standard Resources's annualized ROA % for the quarter that ended in Dec. 2023 was -12.98%. Total Assets is also linked to Revenue through Asset Turnover. Copper Standard Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Copper Standard Resources Total Assets Historical Data

The historical data trend for Copper Standard 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.

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Copper Standard Resources Total Assets Chart

Copper Standard Resources Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

0.23

0.69

1.42

11.48

14.08

Copper Standard Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial												11.48	11.28	10.90	10.70	14.08

Copper Standard 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.

Copper Standard Resources'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 )
	=	13.677	+	0.401
	=	14.08

Copper Standard Resources'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 )
	=	13.677	+	0.401
	=	14.08

Copper Standard Resources (XCNQ:CSR) Total Assets Explanation

Total Assets is connected with ROA %.

Copper Standard Resources'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 )
	=	-1.608	/	( (10.703	+	14.078)	/ 2 )
	=	-1.608	/	12.3905
	=	-12.98 %

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.

Copper Standard Resources'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	/	( (10.703	+	14.078)	/ 2 )
=	0	/	12.3905
=	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.

Copper Standard Resources Total Assets Related Terms

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Copper Standard Resources (XCNQ:CSR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copper Standard Resources Inc (XCNQ:CSR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CSRIF:USA

Address

733 Seymour Street, Suite 3200, Vancouver, BC, CAN, V6B 5J3

Website

https://www.level14ventures.com

Copper Standard Resources Inc is a resource-stage mining company with a focus on copper and gold. Its business consists of only one reportable segment being exploration and evaluation of mineral properties.