Zeus North America Mining (XCNQ:ZEUS) Total Assets : C$5.02 Mil (As of Jul. 2024)

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What is Zeus North America Mining Total Assets?

Zeus North America Mining's Total Assets for the quarter that ended in Jul. 2024 was C$5.02 Mil.

During the past 12 months, Zeus North America Mining's average Total Assets Growth Rate was 5351.20% per year.

Total Assets is connected with ROA %. Zeus North America Mining's annualized ROA % for the quarter that ended in Jul. 2024 was -41.62%. Total Assets is also linked to Revenue through Asset Turnover. Zeus North America Mining's Asset Turnover for the quarter that ended in Jul. 2024 was 0.00.

Zeus North America Mining Total Assets Historical Data

The historical data trend for Zeus North America Mining'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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Zeus North America Mining Total Assets Chart

Zeus North America Mining Annual Data

Trend

Oct21

Oct22

Oct23

Total Assets

0.11

0.10

0.35

Zeus North America Mining Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Apr24	Jul24
Total Assets	Get a 7-Day Free Trial						0.34	0.32	0.35	4.58	5.02

Zeus North America Mining 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.

Zeus North America Mining's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	0.09	+	0.261
	=	0.35

Zeus North America Mining's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2024 )	+	Total Liabilities (Q: Jul. 2024 )
	=	3.947	+	1.068
	=	5.02

Zeus North America Mining (XCNQ:ZEUS) Total Assets Explanation

Total Assets is connected with ROA %.

Zeus North America Mining's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %	=	Net Income (Q: Jul. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
	=	-1.996	/	( (4.577	+	5.015)	/ 2 )
	=	-1.996	/	4.796
	=	-41.62 %

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

Zeus North America Mining's Asset Turnover for the quarter that ended in Jul. 2024 is

	Asset Turnover
=	Revenue (Q: Jul. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
=	0	/	( (4.577	+	5.015)	/ 2 )
=	0	/	4.796
=	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.

Zeus North America Mining Total Assets Related Terms

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Zeus North America Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zeus North America Mining Corp (XCNQ:ZEUS) » Definitions » Total Assets

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Traded in Other Exchanges

ZUUZF:USA O92:Germany

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C2T7

Website

https://www.zeusminingcorp.com

Zeus North America Mining Corp is a Canada-based company. It is a mineral exploration company focused on the exploration of its Chlore Property located near Smithers, BC, as well as its exploration properties in the state of Idaho known as the: Heath; Selway; and Great Western properties, respectively. The Chlore Property hosts a calc-alkalic porphyry copper-molybdenum target.