Green River Gold (XCNQ:CCR) Total Assets : C$3.31 Mil (As of Dec. 2023)

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What is Green River Gold Total Assets?

Green River Gold's Total Assets for the quarter that ended in Dec. 2023 was C$3.31 Mil.

During the past 12 months, Green River Gold's average Total Assets Growth Rate was 4.00% per year. During the past 3 years, the average Total Assets Growth Rate was 13.90% per year.

During the past 13 years, Green River Gold's highest 3-Year average Total Assets Growth Rate was 491.50%. The lowest was -56.30%. And the median was 35.70%.

Total Assets is connected with ROA %. Green River Gold's annualized ROA % for the quarter that ended in Dec. 2023 was -18.09%. Total Assets is also linked to Revenue through Asset Turnover. Green River Gold's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Green River Gold Total Assets Historical Data

The historical data trend for Green River 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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Green River Gold Total Assets Chart

Green River Gold Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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0.62

1.86

1.97

2.51

2.75

Green River Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															2.99	2.79	3.06	2.75	3.31

Green River 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.

Green River Gold's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	2.26	+	0.493
	=	2.75

Green River Gold's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2.773	+	0.532
	=	3.31

Green River Gold (XCNQ:CCR) Total Assets Explanation

Total Assets is connected with ROA %.

Green River Gold's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.548	/	( (2.753	+	3.305)	/ 2 )
	=	-0.548	/	3.029
	=	-18.09 %

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

Green River Gold's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.017	/	( (2.753	+	3.305)	/ 2 )
=	0.017	/	3.029
=	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.

Green River Gold Total Assets Related Terms

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Green River Gold (XCNQ:CCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Green River Gold Corp (XCNQ:CCR) » Definitions » Total Assets

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CCRRF:USA

Address

6220 Fulton Road NW, Suite 115, Edmonton, AB, CAN, T6A 3T4

Website

https://www.greenrivergold.com

Green River Gold Corp is engaged in the business of location, acquisition, exploration, and development of mineral properties, including alluvial gold properties. It also provides services to the placer mining industry, selling equipment and supplies, renting placer mining claims and equipment, and providing permitting and consulting services. Its operating segments are retail division and mining division. The majority of its revenue comes from the Retail segment, which sells larger mining equipment, including refurbished used mining equipment and new equipment manufactured by a related Company.

Executives

Arthur Craig Brekkas

Director