i-80 Gold (TSX:IAU) Total Assets : C$983.81 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is i-80 Gold Total Assets?

i-80 Gold's Total Assets for the quarter that ended in Mar. 2024 was C$983.81 Mil.

During the past 12 months, i-80 Gold's average Total Assets Growth Rate was 16.70% per year.

Total Assets is connected with ROA %. i-80 Gold's annualized ROA % for the quarter that ended in Mar. 2024 was -8.71%. Total Assets is also linked to Revenue through Asset Turnover. i-80 Gold's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

i-80 Gold Total Assets Historical Data

The historical data trend for i-80 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.

i-80 Gold Total Assets Chart

i-80 Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

840.13

872.10

970.91

i-80 Gold Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											905.97	967.58	999.17	970.91	983.81

i-80 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.

i-80 Gold's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	571.876	+	399.031
	=	970.91

i-80 Gold'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 )
	=	584.903	+	398.903
	=	983.81

i-80 Gold (TSX:IAU) Total Assets Explanation

Total Assets is connected with ROA %.

i-80 Gold'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 )
	=	-85.092	/	( (970.907	+	983.806)	/ 2 )
	=	-85.092	/	977.3565
	=	-8.71 %

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.

i-80 Gold'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 )
=	11.388	/	( (970.907	+	983.806)	/ 2 )
=	11.388	/	977.3565
=	0.01

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.

i-80 Gold Total Assets Related Terms

Thank you for viewing the detailed overview of i-80 Gold's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

i-80 Gold (TSX:IAU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » i-80 Gold Corp (TSX:IAU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

IAUX:USA 8JI:Germany

Address

1100 Russell Street, Thunder Bay, ON, CAN, P7B 5N2

Website

https://www.i80gold.com

i-80 Gold Corp is a well-financed gold producer and developer holding an impressive portfolio of advanced-stage gold projects in the State of Nevada. The company's primary goal is to build a self-sustaining, mid-tier, mining company with a peer-best growth platform by employing a methodical, capital disciplined and staged approach to minimize risk while also assessing and monitoring for accretive growth opportunities.

Executives

John Seaman

Director