American Eagle Gold (TSXV:AE) Total Assets : C$6.20 Mil (As of Mar. 2024)

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

What is American Eagle Gold Total Assets?

American Eagle Gold's Total Assets for the quarter that ended in Mar. 2024 was C$6.20 Mil.

During the past 12 months, American Eagle Gold's average Total Assets Growth Rate was -20.50% per year. During the past 3 years, the average Total Assets Growth Rate was -24.30% per year.

During the past 4 years, American Eagle Gold's highest 3-Year average Total Assets Growth Rate was -24.30%. The lowest was -24.30%. And the median was -24.30%.

Total Assets is connected with ROA %. American Eagle Gold's annualized ROA % for the quarter that ended in Mar. 2024 was -28.88%. Total Assets is also linked to Revenue through Asset Turnover. American Eagle Gold's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

American Eagle Gold Total Assets Historical Data

The historical data trend for American Eagle 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.

American Eagle Gold Total Assets Chart

American Eagle Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

0.87

3.67

1.17

4.71

American Eagle Gold Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											1.17	1.79	4.86	4.71	6.20

American Eagle 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.

American Eagle 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 )
	=	3.523	+	1.191
	=	4.71

American Eagle 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 )
	=	5.079	+	1.123
	=	6.20

American Eagle Gold (TSXV:AE) Total Assets Explanation

Total Assets is connected with ROA %.

American Eagle 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 )
	=	-1.576	/	( (4.714	+	6.202)	/ 2 )
	=	-1.576	/	5.458
	=	-28.88 %

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.

American Eagle 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 )
=	0	/	( (4.714	+	6.202)	/ 2 )
=	0	/	5.458
=	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.

American Eagle Gold Total Assets Related Terms

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

American Eagle Gold (TSXV:AE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Eagle Gold Corp (TSXV:AE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AMEGF:USA

Address

55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7

Website

https://www.americaneaglegold.ca

American Eagle Gold Corp is focused on advancing its NAK property located in the Babine Copper-Gold Porphyry district in central British Columbia. NAK's known copper-gold porphyry mineralization is open at depth and is defined by a compelling geophysical signature analogous to Newcrest's Red Chris Mine and Newmont's Tatogga project located in Northwest BC. The company is drilling to test the property's geophysical features in search of a robust underground block cave copper-gold porphyry deposit.

Executives

Stephen Alexander Nelson Stewart

10% Security Holder, Director