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Zinc One Resources (Zinc One Resources) Total Assets : $0.02 Mil (As of Nov. 2023)


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What is Zinc One Resources Total Assets?

Zinc One Resources's Total Assets for the quarter that ended in Nov. 2023 was $0.02 Mil.

During the past 3 years, the average Total Assets Growth Rate was -89.50% per year. During the past 5 years, the average Total Assets Growth Rate was -86.90% per year. During the past 10 years, the average Total Assets Growth Rate was -40.40% per year.

During the past 13 years, Zinc One Resources's highest 3-Year average Total Assets Growth Rate was 415.50%. The lowest was -90.90%. And the median was 25.10%.

Total Assets is connected with ROA %. Zinc One Resources's annualized ROA % for the quarter that ended in Nov. 2023 was -418.18%. Total Assets is also linked to Revenue through Asset Turnover. Zinc One Resources's Asset Turnover for the quarter that ended in Nov. 2023 was 0.00.


Zinc One Resources Total Assets Historical Data

The historical data trend for Zinc One 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.

Zinc One Resources Total Assets Chart

Zinc One Resources Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.27 1.30 0.03 0.01 0.04

Zinc One Resources 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 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 0.12 0.04 0.03 0.03 0.02

Zinc One 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.

Zinc One Resources'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 )
=-1.249+1.285
=0.04

Zinc One Resources'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 )
=-1.286+1.305
=0.02

* 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.


Zinc One Resources  (OTCPK:ZZZOF) Total Assets Explanation

Total Assets is connected with ROA %.

Zinc One Resources'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 )
=-0.092/( (0.026+0.018)/ 2 )
=-0.092/0.022
=-418.18 %

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.

Zinc One Resources'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/( (0.026+0.018)/ 2 )
=0/0.022
=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.

Zinc One Resources Total Assets Related Terms

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Zinc One Resources (Zinc One Resources) Business Description

Traded in Other Exchanges
Address
200 - 550 Denman Street, Vancouver, BC, CAN, V6G3H1
Zinc One Resources Inc is a Canada-based company that operates in a single segment of acquisition and exploration of interests in mineral properties. The company operates in two geographical segments: Canada, and Africa.

Zinc One Resources (Zinc One Resources) Headlines

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