Quarterback Resources (XCNQ:QB) Total Assets: C$0.93 Mil (As of Apr. 2026)

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XCNQ:QB Quarterback Resources Inc XCNQ:QB
17 GF Score
Price C$1.00
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What is Quarterback Resources Total Assets?

Quarterback Resources XCNQ:QB 17 Total Assets is C$0.93 Mil as of Apr. 2026. GuruFocus rates XCNQ:QB with a GF Score™ of 17/100.

Quarterback Resources's Total Assets for the quarter that ended in Apr. 2026 was C$0.93 Mil.

During the past 12 months, Quarterback Resources's average Total Assets Growth Rate was 137.60% per year.

Total Assets is connected with ROA %. Quarterback Resources's annualized ROA % for the quarter that ended in Apr. 2026 was -20.47%. Total Assets is also linked to Revenue through Asset Turnover. Quarterback Resources's Asset Turnover for the quarter that ended in Apr. 2026 was 0.00.

Quarterback Resources  (XCNQ:QB) Total Assets Explanation

Total Assets is connected with ROA %.

Quarterback Resources's annualized ROA % for the quarter that ended in Apr. 2026 is

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=-0.2/( (1.027+0.927)/ 2 )
=-0.2/0.977
=-20.47 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) 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.

Quarterback Resources's Asset Turnover for the quarter that ended in Apr. 2026 is

Asset Turnover
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=0/( (1.027+0.927)/ 2 )
=0/0.977
=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.

Quarterback Resources Total Assets Related Terms

Quarterback Resources Total Assets Historical Data

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The historical data trend for Quarterback 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.

Quarterback Resources Total Assets Chart

Quarterback Resources Annual Data
Trend Oct24 Oct25
Total Assets
0.42 0.55

Quarterback Resources Quarterly Data
Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Total Assets Get a 7-Day Free Trial 0.45 0.42 0.55 1.03 0.93
XCNQ:QB
17GF Score
Quarterback Resources Inc XCNQ:QB
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Quarterback 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.

Quarterback Resources's Total Assets for the fiscal year that ended in Oct. 2025 is calculated as

Total Assets=Total Equity (A: Oct. 2025 )+Total Liabilities (A: Oct. 2025 )
=0.517+0.038
=0.56

Quarterback Resources's Total Assets for the quarter that ended in Apr. 2026 is calculated as

Total Assets=Total Equity (Q: Apr. 2026 )+Total Liabilities (Q: Apr. 2026 )
=0.896+0.03
=0.93

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of C$0.93 Mil mean?
Quarterback Resources (XCNQ:QB) has a Total Assets of C$0.93 Mil as of Apr. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Quarterback Resources and its competitors.
Is Quarterback Resources' Total Assets too high?
Quarterback Resources' current Total Assets is C$0.93 Mil. Overall, Quarterback Resources has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Quarterback Resources' Total Assets compare to competitors?
Quarterback Resources' Total Assets of C$0.93 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Quarterback Resources and its competitors. Quarterback Resources's current Total Assets is C$0.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quarterback Resources stock overvalued right now?
Quarterback Resources (XCNQ:QB) has a current Total Assets of C$0.93 Mil. The current Total Assets is C$0.93 Mil. Quarterback Resources' overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Quarterback Resources (XCNQ:QB), the current Total Assets is C$0.93 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Quarterback Resources Business Description

Other Exchanges H89:Germany
Address 905 West Pender Street, No. 503, Vancouver, BC, CAN, V9C 1L6
Quarterback Resources Inc is a Canadian mineral exploration company focused on responsible and systematic discovery. The Company's principal business plan is the acquisition, exploration, and development of mineral properties. It operates in a single reportable segment involving exploration and evaluation assets in Canada. The Company's project includes the Twin Project located in the Quesnel Trough, British Columbia.
17GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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