Greencastle Resources (TSXV:VGN) Total Assets : C$2.62 Mil (As of Jun. 2024)

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What is Greencastle Resources Total Assets?

Greencastle Resources's Total Assets for the quarter that ended in Jun. 2024 was C$2.62 Mil.

During the past 12 months, Greencastle Resources's average Total Assets Growth Rate was 88.00% per year. During the past 3 years, the average Total Assets Growth Rate was 95.50% per year. During the past 5 years, the average Total Assets Growth Rate was -32.60% per year. During the past 10 years, the average Total Assets Growth Rate was -6.70% per year.

During the past 13 years, Greencastle Resources's highest 3-Year average Total Assets Growth Rate was 348.80%. The lowest was -70.90%. And the median was 7.50%.

Total Assets is connected with ROA %. Greencastle Resources's annualized ROA % for the quarter that ended in Jun. 2024 was -228.18%. Total Assets is also linked to Revenue through Asset Turnover. Greencastle Resources's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Greencastle Resources Total Assets Historical Data

The historical data trend for Greencastle 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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Greencastle Resources Total Assets Chart

Greencastle Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4.72

7.83

11.49

7.80

4.44

Greencastle Resources Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															9.16	5.36	4.44	4.61	2.62

Greencastle 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.

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

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	4.394	+	0.043
	=	4.44

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

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	2.477	+	0.147
	=	2.62

Greencastle Resources (TSXV:VGN) Total Assets Explanation

Total Assets is connected with ROA %.

Greencastle Resources's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-8.252	/	( (4.61	+	2.623)	/ 2 )
	=	-8.252	/	3.6165
	=	-228.18 %

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

Greencastle Resources's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	0.011	/	( (4.61	+	2.623)	/ 2 )
=	0.011	/	3.6165
=	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.

Greencastle Resources Total Assets Related Terms

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Greencastle Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Greencastle Resources Ltd (TSXV:VGN) » Definitions » Total Assets

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GRSFF:USA

Address

82 Richmond Street East, Suite 200, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1

Website

https://greencastle.ltd

Greencastle Resources Ltd is a diversified company with interests in gold and base metals exploration and oil and gas exploration and royalties, as well as in strategic investments in other companies that are traded on the North American exchanges. The Company's reportable segments are; investments in private and public companies, oil and gas interests, and mining interests. The Company's investment segment comprises its investment in marketable securities and investment in private and public companies. The oil and gas segment is comprised of its oil and gas interests, and The mining segment is comprised of its mining interests in Canada and in the USA.

Executives

David Martin	Director
Anthony Ralph Roodenburg	Director, Senior Officer

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