Cabral Gold (Cabral Gold) Total Assets : $6.44 Mil (As of Dec. 2023)

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What is Cabral Gold Total Assets?

Cabral Gold's Total Assets for the quarter that ended in Dec. 2023 was $6.44 Mil.

During the past 12 months, Cabral Gold's average Total Assets Growth Rate was -3.20% per year. During the past 3 years, the average Total Assets Growth Rate was 18.10% per year. During the past 5 years, the average Total Assets Growth Rate was 17.20% per year.

During the past 10 years, Cabral Gold's highest 3-Year average Total Assets Growth Rate was 526.30%. The lowest was 7.60%. And the median was 21.90%.

Total Assets is connected with ROA %. Cabral Gold's annualized ROA % for the quarter that ended in Dec. 2023 was -82.83%. Total Assets is also linked to Revenue through Asset Turnover. Cabral Gold's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Cabral Gold Total Assets Historical Data

The historical data trend for Cabral 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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Cabral Gold Total Assets Chart

Cabral Gold Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2.59

6.52

7.45

4.64

6.44

Cabral 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															4.64	6.14	5.40	8.33	6.44

Cabral 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.

Cabral 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 )
	=	6.006	+	0.43
	=	6.44

Cabral 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 )
	=	6.006	+	0.43
	=	6.44

Cabral Gold (OTCPK:CBGZF) Total Assets Explanation

Total Assets is connected with ROA %.

Cabral 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 )
	=	-6.116	/	( (8.331	+	6.436)	/ 2 )
	=	-6.116	/	7.3835
	=	-82.83 %

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.

Cabral 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	/	( (8.331	+	6.436)	/ 2 )
=	0	/	7.3835
=	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.

Cabral Gold Total Assets Related Terms

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Cabral Gold (Cabral Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cabral Gold Inc (OTCPK:CBGZF) » Definitions » Total Assets

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C3J:Germany CBR:Canada

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cabralgold.com

Cabral Gold Inc is a junior resource exploration company. It is engaged in the identification, exploration, and development of mineral properties, with a primary focus on gold properties located in Brazil. It has two projects, The Cuiu Cuiu gold project, and The Bom Jardim project. The Cuiu Cuiu gold project consists of several shear zone-hosted gold deposits that occur within granitic rocks of the Cuiu Cuiu Complex, in the Tapajos Region of northern Brazil. Its Bom Jardim project is located northwest of the Cuiu Cuiu property and North West of Eldorado's Tocantinzinho deposit.