ASA Total Current Assets from 2010 to 2024

ASA Stock  USD 20.26  0.45  2.17%   
ASA Gold's Total Current Assets are decreasing over the years with slightly volatile fluctuation. Overall, Total Current Assets are expected to go to about 5.6 M this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2003-05-31
Previous Quarter
6.2 M
Current Value
5.1 M
Quarterly Volatility
5.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ASA Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASA Gold's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 2.6 M or Gross Profit of 2.6 M, as well as many indicators such as Price To Sales Ratio of 150, Dividend Yield of 0.0 or PTB Ratio of 0.78. ASA financial statements analysis is a perfect complement when working with ASA Gold Valuation or Volatility modules.
  
Check out the analysis of ASA Gold Correlation against competitors.

Latest ASA Gold's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of ASA Gold and over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. ASA Gold's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ASA Gold's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

ASA Total Current Assets Regression Statistics

Arithmetic Mean4,092,364
Geometric Mean3,009,973
Coefficient Of Variation56.12
Mean Deviation1,719,849
Median4,396,049
Standard Deviation2,296,806
Sample Variance5.3T
Range8.4M
R-Value(0.39)
Mean Square Error4.8T
R-Squared0.15
Significance0.15
Slope(199,784)
Total Sum of Squares73.9T

ASA Total Current Assets History

20245.6 M
20234.7 M
20225.2 M
2021262.3 K
2020316.7 K
20191.5 M
20184.7 M

About ASA Gold Financial Statements

ASA Gold stakeholders use historical fundamental indicators, such as ASA Gold's Total Current Assets, to determine how well the company is positioned to perform in the future. Although ASA Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in ASA Gold's assets and liabilities are reflected in the revenues and expenses on ASA Gold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ASA Gold and. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets4.7 M5.6 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:
Check out the analysis of ASA Gold Correlation against competitors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASA Gold. If investors know ASA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASA Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.282
Dividend Share
0.03
Earnings Share
3.25
Revenue Per Share
0.104
Quarterly Revenue Growth
(0.44)
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.