Doubleview Gold (TSXV:DBG) Total Assets : C$19.70 Mil (As of Nov. 2023)

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What is Doubleview Gold Total Assets?

Doubleview Gold's Total Assets for the quarter that ended in Nov. 2023 was C$19.70 Mil.

During the past 12 months, Doubleview Gold's average Total Assets Growth Rate was 34.50% per year. During the past 3 years, the average Total Assets Growth Rate was 40.60% per year. During the past 5 years, the average Total Assets Growth Rate was 25.30% per year. During the past 10 years, the average Total Assets Growth Rate was 24.10% per year.

During the past 13 years, Doubleview Gold's highest 3-Year average Total Assets Growth Rate was 533.00%. The lowest was 2.90%. And the median was 38.20%.

Total Assets is connected with ROA %. Doubleview Gold's annualized ROA % for the quarter that ended in Nov. 2023 was -10.25%. Total Assets is also linked to Revenue through Asset Turnover. Doubleview Gold's Asset Turnover for the quarter that ended in Nov. 2023 was 0.00.

Doubleview Gold Total Assets Historical Data

The historical data trend for Doubleview 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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Doubleview Gold Total Assets Chart

Doubleview Gold Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Total Assets

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5.28

6.05

10.02

13.14

18.79

Doubleview Gold Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Assets	Get a 7-Day Free Trial															16.71	18.79	19.05	19.17	19.70

Doubleview 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.

Doubleview Gold's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets	=	Total Equity (A: Feb. 2023 )	+	Total Liabilities (A: Feb. 2023 )
	=	17.705	+	1.087
	=	18.79

Doubleview Gold's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	18.523	+	1.176
	=	19.70

Doubleview Gold (TSXV:DBG) Total Assets Explanation

Total Assets is connected with ROA %.

Doubleview Gold's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	-1.992	/	( (19.166	+	19.699)	/ 2 )
	=	-1.992	/	19.4325
	=	-10.25 %

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

Doubleview Gold's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	0	/	( (19.166	+	19.699)	/ 2 )
=	0	/	19.4325
=	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.

Doubleview Gold Total Assets Related Terms

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Doubleview Gold (TSXV:DBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Doubleview Gold Corp (TSXV:DBG) » Definitions » Total Assets

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DBLVF:USA 1D4:Germany

Address

470 Granville Street, Suite 822, Vancouver, BC, CAN, V6C 1V5

Website

https://www.doubleview.ca

Doubleview Gold Corp is a Canadian resource exploration and development company. The company is engaged in the exploration and development of mineral properties in North America. Its project includes the Mount Milligan North Property located in northwest Prince George, British Columbia; the Hat Property located in Telegraph Creek, British Columbia; the Red Springs Project located in the Omineca Mining District of British Columbia. It acquires precious and base metal exploration projects in North America but mainly in British Columbia. one segment the exploration and development of exploration and evaluation in Canada.

Executives

Farshad Shirvani

Director

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