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Goldeneye Resources (TSXV:GOE.H) Total Assets : C$0.60 Mil (As of Jan. 2022)


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What is Goldeneye Resources Total Assets?

Goldeneye Resources's Total Assets for the quarter that ended in Jan. 2022 was C$0.60 Mil.

Total Assets is connected with ROA %. Goldeneye Resources's annualized ROA % for the quarter that ended in Jan. 2022 was -77.09%. Total Assets is also linked to Revenue through Asset Turnover. Goldeneye Resources's Asset Turnover for the quarter that ended in Jan. 2022 was 0.00.


Goldeneye Resources Total Assets Historical Data

The historical data trend for Goldeneye 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.

* Premium members only.

Goldeneye Resources Total Assets Chart

Goldeneye Resources Annual Data
Trend Mar12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.02 0.01 0.01 0.68

Goldeneye Resources Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.68 0.76 0.75 0.60

Goldeneye 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.

Goldeneye Resources's Total Assets for the fiscal year that ended in Apr. 2021 is calculated as

Total Assets=Total Equity (A: Apr. 2021 )+Total Liabilities (A: Apr. 2021 )
=0.572+0.109
=0.68

Goldeneye Resources's Total Assets for the quarter that ended in Jan. 2022 is calculated as

Total Assets=Total Equity (Q: Jan. 2022 )+Total Liabilities (Q: Jan. 2022 )
=0.512+0.086
=0.60

* 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.


Goldeneye Resources  (TSXV:GOE.H) Total Assets Explanation

Total Assets is connected with ROA %.

Goldeneye Resources's annualized ROA % for the quarter that ended in Jan. 2022 is

ROA %=Net Income (Q: Jan. 2022 )/( (Total Assets (Q: Oct. 2021 )+Total Assets (Q: Jan. 2022 ))/ count )
=-0.52/( (0.751+0.598)/ 2 )
=-0.52/0.6745
=-77.09 %

Note: The Net Income data used here is four times the quarterly (Jan. 2022) 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.

Goldeneye Resources's Asset Turnover for the quarter that ended in Jan. 2022 is

Asset Turnover
=Revenue (Q: Jan. 2022 )/( (Total Assets (Q: Oct. 2021 )+Total Assets (Q: Jan. 2022 ))/ count )
=0/( (0.751+0.598)/ 2 )
=0/0.6745
=0.00

* 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.

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.

Goldeneye Resources Total Assets Related Terms

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Goldeneye Resources (TSXV:GOE.H) Business Description

Traded in Other Exchanges
N/A
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Goldeneye Resources Corp is a mineral exploration company engaged in exploration of precious metal and base metal projects in North America. The company has signed definitive agreements with Unity Resources Inc to acquire interest in mineral claims known as the Roberts Arm, Grand Lake and Gander River Ultramafic Belt East (GRUBE) projects. The projects are in the province of Newfoundland. The company has also signed a definitive agreement with Windfall Geotek for the Corallen Lake property.

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