Nubian Resources (Nubian Resources) Total Assets : $7.71 Mil (As of Jan. 2024)

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What is Nubian Resources Total Assets?

Nubian Resources's Total Assets for the quarter that ended in Jan. 2024 was $7.71 Mil.

During the past 12 months, Nubian Resources's average Total Assets Growth Rate was -14.60% per year. During the past 3 years, the average Total Assets Growth Rate was 81.20% per year. During the past 5 years, the average Total Assets Growth Rate was 71.10% per year. During the past 10 years, the average Total Assets Growth Rate was 52.60% per year.

During the past 13 years, Nubian Resources's highest 3-Year average Total Assets Growth Rate was 125.90%. The lowest was -57.40%. And the median was 19.80%.

Total Assets is connected with ROA %. Nubian Resources's annualized ROA % for the quarter that ended in Jan. 2024 was -4.45%. Total Assets is also linked to Revenue through Asset Turnover. Nubian Resources's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Nubian Resources Total Assets Historical Data

The historical data trend for Nubian Resources'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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Nubian Resources Total Assets Chart

Nubian Resources Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

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0.91

1.94

9.30

14.06

9.78

Nubian Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															10.69	9.03	9.78	7.58	7.71

Nubian Resources 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.

Nubian Resources's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	9.721	+	0.058
	=	9.78

Nubian Resources's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	7.584	+	0.121
	=	7.71

Nubian Resources (OTCPK:NBRFF) Total Assets Explanation

Total Assets is connected with ROA %.

Nubian Resources's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-0.34	/	( (7.577	+	7.705)	/ 2 )
	=	-0.34	/	7.641
	=	-4.45 %

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

Nubian Resources's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0	/	( (7.577	+	7.705)	/ 2 )
=	0	/	7.641
=	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.

Nubian Resources Total Assets Related Terms

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Nubian Resources (Nubian Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nubian Resources Ltd (OTCPK:NBRFF) » Definitions » Total Assets

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IVHN:Germany NBR:Canada

Address

2526 Yale Court Road, Suite 202, Yale Court Plaza, Abbotsford, BC, CAN, V2S 8G9

Website

https://www.nubianr.com

Nubian Resources Ltd is a mineral exploration company. The company's principal operations are carried out in Canada, Australia, the United States, and Peru. Its projects include United States Properties, Esquilache, Stavely projects, Yandoit. The company's only segment is the exploration and evaluation of mineral properties. Geographically, key revenue is generated from Canada.

Nubian Resources (Nubian Resources) Headlines

From GuruFocus

NUBIAN AND ATHENA ANNOUNCE CLOSING OF SALE AND ACQUISITION OF EXCELSIOR SPRINGS PROJECT

By PRNewswire PRNewswire • 01-05-2022

Nubian to Acquire Stavely's Fosterville East & Tasmanian Gold Projects

By ACCESSWIRE ACCESSWIRE • 07-15-2020

Nubian Makes Application to Extend Warrant Expiry

By ACCESSWIRE ACCESSWIRE • 07-18-2020