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NSJ Gold (XCNQ:NSJ) Total Assets : C$0.84 Mil (As of Feb. 2024)


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What is NSJ Gold Total Assets?

NSJ Gold's Total Assets for the quarter that ended in Feb. 2024 was C$0.84 Mil.

During the past 12 months, NSJ Gold's average Total Assets Growth Rate was -4.90% per year. During the past 3 years, the average Total Assets Growth Rate was 87.10% per year.

During the past 4 years, NSJ Gold's highest 3-Year average Total Assets Growth Rate was 87.10%. The lowest was 87.10%. And the median was 87.10%.

Total Assets is connected with ROA %. NSJ Gold's annualized ROA % for the quarter that ended in Feb. 2024 was -29.18%. Total Assets is also linked to Revenue through Asset Turnover. NSJ Gold's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.


NSJ Gold Total Assets Historical Data

The historical data trend for NSJ 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.

* Premium members only.

NSJ Gold Total Assets Chart

NSJ Gold Annual Data
Trend Nov20 Nov21 Nov22 Nov23
Total Assets
0.75 1.48 1.14 0.86

NSJ Gold Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 0.99 0.95 0.86 0.84

NSJ 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.

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

Total Assets=Total Equity (A: Nov. 2023 )+Total Liabilities (A: Nov. 2023 )
=0.792+0.063
=0.86

NSJ Gold's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=0.732+0.112
=0.84

* 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.


NSJ Gold  (XCNQ:NSJ) Total Assets Explanation

Total Assets is connected with ROA %.

NSJ Gold's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-0.248/( (0.856+0.844)/ 2 )
=-0.248/0.85
=-29.18 %

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

NSJ Gold's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=0/( (0.856+0.844)/ 2 )
=0/0.85
=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.

NSJ Gold Total Assets Related Terms

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NSJ Gold (XCNQ:NSJ) Business Description

Traded in Other Exchanges
Address
101 - 17565 58 Avenue, Surrey, BC, CAN, V3S4E3
NSJ Gold Corp is engaged in the acquisition and exploration of mineral properties. It is engaged in the Golden Hills project located 200 miles from Las Vegas, and 130 miles from Phoenix. This involves gold and copper exploration.

NSJ Gold (XCNQ:NSJ) Headlines

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