Mason Resources (Mason Resources) Total Assets : $28.63 Mil (As of Mar. 2024)

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What is Mason Resources Total Assets?

Mason Resources's Total Assets for the quarter that ended in Mar. 2024 was $28.63 Mil.

During the past 12 months, Mason Resources's average Total Assets Growth Rate was 57.80% per year. During the past 3 years, the average Total Assets Growth Rate was 43.00% per year. During the past 5 years, the average Total Assets Growth Rate was -11.50% per year. During the past 10 years, the average Total Assets Growth Rate was -7.70% per year.

During the past 12 years, Mason Resources's highest 3-Year average Total Assets Growth Rate was 1310.90%. The lowest was -44.20%. And the median was 15.80%.

Total Assets is connected with ROA %. Mason Resources's annualized ROA % for the quarter that ended in Mar. 2024 was 230.04%. Total Assets is also linked to Revenue through Asset Turnover. Mason Resources's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Mason Resources Total Assets Historical Data

The historical data trend for Mason 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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Mason Resources Total Assets Chart

Mason Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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47.02

24.53

21.69

20.65

20.25

Mason Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															20.84	20.25	19.24	16.07	28.63

Mason 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.

Mason Resources's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	20.02	+	0.233
	=	20.25

Mason Resources's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	28.573	+	0.055
	=	28.63

Mason Resources (OTCPK:MGPHF) Total Assets Explanation

Total Assets is connected with ROA %.

Mason Resources's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	51.412	/	( (16.07	+	28.628)	/ 2 )
	=	51.412	/	22.349
	=	230.04 %

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

Mason Resources's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (16.07	+	28.628)	/ 2 )
=	0	/	22.349
=	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.

Mason Resources Total Assets Related Terms

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Mason Resources (Mason Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mason Resources Inc (OTCPK:MGPHF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

UD9:Germany LLG:Canada

Address

120 Adelaide Street West, Suite 1410, Toronto, ON, CAN, H7T 2P5

Website

https://www.masonresourcesinc.com

Mason Resources Inc is a Canadian company focused on identifying, evaluating, and pursuing business investment opportunities to enhance shareholder's long-term value. Its strategy is to develop vertical and horizontal integration in the mining industry, with a special focus on industrial and specialty minerals, notably battery-related materials and their by-products. Its strategy also includes the development of value-added products, notably for green technologies.