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Pegmatite One Lithium and Gold (XCNQ:PGA) Total Assets : C$0.49 Mil (As of Nov. 2024)


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What is Pegmatite One Lithium and Gold Total Assets?

Pegmatite One Lithium and Gold's Total Assets for the quarter that ended in Nov. 2024 was C$0.49 Mil.

During the past 12 months, Pegmatite One Lithium and Gold's average Total Assets Growth Rate was -17.10% per year. During the past 3 years, the average Total Assets Growth Rate was 49.60% per year.

During the past 4 years, Pegmatite One Lithium and Gold's highest 3-Year average Total Assets Growth Rate was 49.60%. The lowest was 49.60%. And the median was 49.60%.

Total Assets is connected with ROA %. Pegmatite One Lithium and Gold's annualized ROA % for the quarter that ended in Nov. 2024 was -45.92%. Total Assets is also linked to Revenue through Asset Turnover. Pegmatite One Lithium and Gold's Asset Turnover for the quarter that ended in Nov. 2024 was 0.00.

Pegmatite One Lithium and Gold Total Assets Historical Data

The historical data trend for Pegmatite One Lithium and 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.

* Premium members only.

Pegmatite One Lithium and Gold Total Assets Chart

Pegmatite One Lithium and Gold Annual Data
Trend Aug21 Aug22 Aug23 Aug24
Total Assets
0.26 1.73 0.81 0.50

Pegmatite One Lithium and Gold Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.62 0.55 0.54 0.50 0.49

Pegmatite One Lithium and 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.

Pegmatite One Lithium and Gold's Total Assets for the fiscal year that ended in Aug. 2024 is calculated as

Total Assets=Total Equity (A: Aug. 2024 )+Total Liabilities (A: Aug. 2024 )
=0.177+0.326
=0.50

Pegmatite One Lithium and Gold's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets=Total Equity (Q: Nov. 2024 )+Total Liabilities (Q: Nov. 2024 )
=0.12+0.371
=0.49

* 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.

Pegmatite One Lithium and Gold  (XCNQ:PGA) Total Assets Explanation

Total Assets is connected with ROA %.

Pegmatite One Lithium and Gold's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %=Net Income (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=-0.228/( (0.503+0.49)/ 2 )
=-0.228/0.4965
=-45.92 %

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

Pegmatite One Lithium and Gold's Asset Turnover for the quarter that ended in Nov. 2024 is

Asset Turnover
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=0/( (0.503+0.49)/ 2 )
=0/0.4965
=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.

Pegmatite One Lithium and Gold Total Assets Related Terms

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Pegmatite One Lithium and Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pegmatite One Lithium and Gold Corp (XCNQ:PGA) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
833 Seymour Street, Suite 3606, Vancouver, BC, CAN, V6B 0G4
Website
https://www.pegmatiteone.com
Pegmatite One Lithium and Gold Corp is a Canadian-based junior mining company focused on the growth of lithium. It is engaged in the business of exploring its mineral exploration assets and owns interests in the Georgina, Morrison, Frazer Lake Mound, and Dort properties.

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