Lincoln Gold Mining (Lincoln Gold Mining) Total Assets : $0.67 Mil (As of Dec. 2023)

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What is Lincoln Gold Mining Total Assets?

Lincoln Gold Mining's Total Assets for the quarter that ended in Dec. 2023 was $0.67 Mil.

During the past 12 months, Lincoln Gold Mining's average Total Assets Growth Rate was -10.00% per year. During the past 3 years, the average Total Assets Growth Rate was 15.70% per year. During the past 5 years, the average Total Assets Growth Rate was 38.60% per year. During the past 10 years, the average Total Assets Growth Rate was 15.80% per year.

During the past 13 years, Lincoln Gold Mining's highest 3-Year average Total Assets Growth Rate was 208.80%. The lowest was -79.60%. And the median was 37.45%.

Total Assets is connected with ROA %. Lincoln Gold Mining's annualized ROA % for the quarter that ended in Dec. 2023 was -167.56%. Total Assets is also linked to Revenue through Asset Turnover. Lincoln Gold Mining's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Lincoln Gold Mining Total Assets Historical Data

The historical data trend for Lincoln Gold Mining'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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Lincoln Gold Mining Total Assets Chart

Lincoln Gold Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.28

0.53

0.85

0.73

0.67

Lincoln Gold Mining 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															0.73	0.75	0.71	0.61	0.67

Lincoln Gold Mining 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.

Lincoln Gold Mining'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 )
	=	-1.702	+	2.367
	=	0.67

Lincoln Gold Mining'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 )
	=	-1.702	+	2.367
	=	0.67

Lincoln Gold Mining (OTCPK:LNCLF) Total Assets Explanation

Total Assets is connected with ROA %.

Lincoln Gold Mining'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 )
	=	-1.064	/	( (0.605	+	0.665)	/ 2 )
	=	-1.064	/	0.635
	=	-167.56 %

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.

Lincoln Gold Mining'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	/	( (0.605	+	0.665)	/ 2 )
=	0	/	0.635
=	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.

Lincoln Gold Mining Total Assets Related Terms

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Lincoln Gold Mining (Lincoln Gold Mining) Business Description

Industry

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

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LMG:Canada

Address

789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2

Website

http://www.lincolnmining.com

Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.

Executives

Andrew Milligan	director	5811 MARQUERITE ST, VANCOUVER BC A1 9999999999
Paul F Saxton	director, 10 percent owner, officer: CEO CFO Pres. Sec. & Treasurer	SUITE 350 - 885 DUNSMUIR, VANCOUVER A1 V6C 1N5
Jeffrey Wilson	officer: COO and VP, Exploration	325 TAHOE DRIVE, CARSON CITY NV 89703
Andrew Bowering	director	SUITE 350, 885 DUNSMUIR STREET, VANCOUVER A1 V6C 1N5
James Chapman	director	1455 UPLAND TRAIL, PO BOX J18, BOWEN ISLAND BC A1 999999999
Steven Chi	director	12970 WEST GINGER CREEK DRIVE, BOISE ID 83713
James Currie	director	2077 ESSEX DR, ABBOTSFORD A1 999999999
Alexander Holtermann	10 percent owner	KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598