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Nexus Uranium (XCNQ:NEXU) Total Assets : C$15.41 Mil (As of Feb. 2024)


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What is Nexus Uranium Total Assets?

Nexus Uranium's Total Assets for the quarter that ended in Feb. 2024 was C$15.41 Mil.

During the past 12 months, Nexus Uranium's average Total Assets Growth Rate was 44.20% per year. During the past 3 years, the average Total Assets Growth Rate was 90.50% per year. During the past 5 years, the average Total Assets Growth Rate was 157.90% per year.

During the past 7 years, Nexus Uranium's highest 3-Year average Total Assets Growth Rate was 250.40%. The lowest was 90.50%. And the median was 206.25%.

Total Assets is connected with ROA %. Nexus Uranium's annualized ROA % for the quarter that ended in Feb. 2024 was -48.84%. Total Assets is also linked to Revenue through Asset Turnover. Nexus Uranium's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.

Nexus Uranium Total Assets Historical Data

The historical data trend for Nexus Uranium'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.

Nexus Uranium Total Assets Chart

Nexus Uranium Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Total Assets
Get a 7-Day Free Trial 0.71 4.91 11.06 10.48 15.23

Nexus Uranium Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 10.62 15.24 15.20 15.23 15.41

Nexus Uranium 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.

Nexus Uranium's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets=Total Equity (A: Nov. 2023 )+Total Liabilities (A: Nov. 2023 )
=14.823+0.402
=15.23

Nexus Uranium's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=14.751+0.654
=15.41

* 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.

Nexus Uranium  (XCNQ:NEXU) Total Assets Explanation

Total Assets is connected with ROA %.

Nexus Uranium's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-7.48/( (15.226+15.405)/ 2 )
=-7.48/15.3155
=-48.84 %

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

Nexus Uranium's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=0/( (15.226+15.405)/ 2 )
=0/15.3155
=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.

Nexus Uranium Total Assets Related Terms

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Nexus Uranium (XCNQ:NEXU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nexus Uranium Corp (XCNQ:NEXU) » Definitions » Total Assets
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Traded in Other Exchanges
GIDMF:USA 3H1:Germany
Address
503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6
Website
https://www.nexusuranium.com
Nexus Uranium Corp is a multi-commodity development company focused on advancing the Wray Mesa uranium-vanadium project in Utah in addition to its precious metals portfolio that includes the development-stage Independence mine located adjacent to Nevada Gold Mine's Phoenix-Fortitude mine in Nevada, the Napoleon gold project in British Columbia, and a package of gold claims in the Yukon.
Executives
William Matlack 10% Security Holder

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