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Emperor Metals (XCNQ:AUOZ) Total Assets : C$5.08 Mil (As of Oct. 2023)


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What is Emperor Metals Total Assets?

Emperor Metals's Total Assets for the quarter that ended in Oct. 2023 was C$5.08 Mil.

During the past 12 months, Emperor Metals's average Total Assets Growth Rate was 294.00% per year.

Total Assets is connected with ROA %. Emperor Metals's annualized ROA % for the quarter that ended in Oct. 2023 was -10.41%. Total Assets is also linked to Revenue through Asset Turnover. Emperor Metals's Asset Turnover for the quarter that ended in Oct. 2023 was 0.00.


Emperor Metals Total Assets Historical Data

The historical data trend for Emperor Metals'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.

Emperor Metals Total Assets Chart

Emperor Metals Annual Data
Trend Jan21 Jan22 Jan23
Total Assets
2.24 1.73 4.56

Emperor Metals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.56 4.56 4.21 5.00 5.08

Emperor Metals 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.

Emperor Metals's Total Assets for the fiscal year that ended in Jan. 2023 is calculated as

Total Assets=Total Equity (A: Jan. 2023 )+Total Liabilities (A: Jan. 2023 )
=3.94+0.619
=4.56

Emperor Metals's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (Q: Oct. 2023 )+Total Liabilities (Q: Oct. 2023 )
=4.166+0.91
=5.08

* 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.


Emperor Metals  (XCNQ:AUOZ) Total Assets Explanation

Total Assets is connected with ROA %.

Emperor Metals's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %=Net Income (Q: Oct. 2023 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=-0.524/( (4.995+5.076)/ 2 )
=-0.524/5.0355
=-10.41 %

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

Emperor Metals's Asset Turnover for the quarter that ended in Oct. 2023 is

Asset Turnover
=Revenue (Q: Oct. 2023 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=0/( (4.995+5.076)/ 2 )
=0/5.0355
=0.00

* 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.

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.

Emperor Metals Total Assets Related Terms

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Emperor Metals (XCNQ:AUOZ) Business Description

Traded in Other Exchanges
Address
10545 - 45 Avenue NW, 250 Southridge, Suite 300, Edmonton, AB, CAN, T6H 4M9
Emperor Metals Inc is engaged in the business of mineral exploration in Ontario. It is focused on proving the potential of Pine Grove and other early-stage gold projects located near the Hemlo Gold Mine within the western portion of the prolific Wawa-Abitibi Gold Belt of Ontario, Canada.
Executives
John Florek Director, Senior Officer

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