Thesis Gold (Thesis Gold) Total Assets : $134.84 Mil (As of Nov. 2023)

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What is Thesis Gold Total Assets?

Thesis Gold's Total Assets for the quarter that ended in Nov. 2023 was $134.84 Mil.

During the past 12 months, Thesis Gold's average Total Assets Growth Rate was 54.30% per year. During the past 3 years, the average Total Assets Growth Rate was 105.20% per year. During the past 5 years, the average Total Assets Growth Rate was 139.30% per year. During the past 10 years, the average Total Assets Growth Rate was 141.00% per year.

During the past 12 years, Thesis Gold's highest 3-Year average Total Assets Growth Rate was 738.20%. The lowest was -72.10%. And the median was 136.40%.

Total Assets is connected with ROA %. Thesis Gold's annualized ROA % for the quarter that ended in Nov. 2023 was 6.60%. Total Assets is also linked to Revenue through Asset Turnover. Thesis Gold's Asset Turnover for the quarter that ended in Nov. 2023 was 0.00.

Thesis Gold Total Assets Historical Data

The historical data trend for Thesis 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.

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Thesis Gold Total Assets Chart

Thesis Gold Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Total Assets

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4.01

17.45

56.91

94.85

96.34

Thesis Gold Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Assets	Get a 7-Day Free Trial															96.70	96.34	95.42	134.71	134.84

Thesis 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.

Thesis Gold's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets	=	Total Equity (A: Feb. 2023 )	+	Total Liabilities (A: Feb. 2023 )
	=	84.528	+	11.813
	=	96.34

Thesis Gold's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	119.363	+	15.473
	=	134.84

Thesis Gold (OTCPK:THSGF) Total Assets Explanation

Total Assets is connected with ROA %.

Thesis Gold's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	8.896	/	( (134.709	+	134.835)	/ 2 )
	=	8.896	/	134.772
	=	6.60 %

Note: The Net Income data used here is four times the quarterly (Nov. 2023) 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.

Thesis Gold's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	0	/	( (134.709	+	134.835)	/ 2 )
=	0	/	134.772
=	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.

Thesis Gold Total Assets Related Terms

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Thesis Gold (Thesis Gold) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thesis Gold Inc (OTCPK:THSGF) » Definitions » Total Assets

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0110:Germany TAU:Canada

Address

10545-45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9

Website

https://www.benchmarkmetals.com

Thesis Gold Inc Formerly Benchmark Metals Inc is a gold and silver company advancing its 100% owned Lawyer's Gold-Silver Project located in the Golden Horseshoe of northern British Columbia, Canada. The project consists of three mineralized deposits that remain open for expansion, in addition to plus 20 new target areas along the 20-kilometre trend.