Orezone Gold (TSX:ORE) Total Assets : C$450.7 Mil (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Orezone Gold Total Assets?

Orezone Gold's Total Assets for the quarter that ended in Mar. 2024 was C$450.7 Mil.

During the past 12 months, Orezone Gold's average Total Assets Growth Rate was 27.10% per year. During the past 3 years, the average Total Assets Growth Rate was 324.30% per year. During the past 5 years, the average Total Assets Growth Rate was 187.50% per year. During the past 10 years, the average Total Assets Growth Rate was 53.20% per year.

During the past 13 years, Orezone Gold's highest 3-Year average Total Assets Growth Rate was 324.30%. The lowest was -75.80%. And the median was 16.35%.

Total Assets is connected with ROA %. Orezone Gold's annualized ROA % for the quarter that ended in Mar. 2024 was 14.39%. Total Assets is also linked to Revenue through Asset Turnover. Orezone Gold's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.

Orezone Gold Total Assets Historical Data

The historical data trend for Orezone 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.

Orezone Gold Total Assets Chart

Orezone Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

22.09

16.64

179.84

342.72

429.42

Orezone Gold 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															399.87	392.81	405.48	429.42	450.73

Orezone 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.

Orezone 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 )
	=	196.359	+	233.059
	=	429.4

Orezone 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 )
	=	220.041	+	230.687
	=	450.7

Orezone Gold (TSX:ORE) Total Assets Explanation

Total Assets is connected with ROA %.

Orezone 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 )
	=	63.332	/	( (429.418	+	450.728)	/ 2 )
	=	63.332	/	440.073
	=	14.39 %

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.

Orezone 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 )
=	87.558	/	( (429.418	+	450.728)	/ 2 )
=	87.558	/	440.073
=	0.20

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.

Orezone Gold Total Assets Related Terms

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

Orezone Gold (TSX:ORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orezone Gold Corp (TSX:ORE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ORZCF:USA OEX:Germany

Address

505 Burrard Street, Suite 450, Bentall Tower 1, Vancouver, BC, CAN, V7X 1M3

Website

https://www.orezone.com

Orezone Gold Corp is a Canada-based gold mining company mainly engaged in the exploration and evaluation and development of gold. The company operates the open pit Bombore Gold Mine in Burkina Faso. The company operates in the business segment of acquisition, exploration, and potential development of precious metal properties. In addition to social responsibility and sustainability, Orezone has an experienced team in project construction and operations, financings, capital markets and M&A.

Executives

Ryan Goodman

Senior Officer

Orezone Gold (TSX:ORE) Headlines

No Headlines