Intrepid Metals (Intrepid Metals) Total Assets : $1.62 Mil (As of Dec. 2023)

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What is Intrepid Metals Total Assets?

Intrepid Metals's Total Assets for the quarter that ended in Dec. 2023 was $1.62 Mil.

During the past 12 months, Intrepid Metals's average Total Assets Growth Rate was 355.20% per year. During the past 3 years, the average Total Assets Growth Rate was 121.10% per year. During the past 5 years, the average Total Assets Growth Rate was 34.50% per year. During the past 10 years, the average Total Assets Growth Rate was 29.60% per year.

During the past 13 years, Intrepid Metals's highest 3-Year average Total Assets Growth Rate was 226.80%. The lowest was -69.10%. And the median was 48.90%.

Total Assets is connected with ROA %. Intrepid Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -86.59%. Total Assets is also linked to Revenue through Asset Turnover. Intrepid Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Intrepid Metals Total Assets Historical Data

The historical data trend for Intrepid Metals'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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Intrepid Metals Total Assets Chart

Intrepid Metals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.19

1.34

0.79

1.88

1.62

Intrepid Metals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															2.09	1.88	1.71	1.32	1.62

Intrepid Metals 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.

Intrepid Metals'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 )
	=	1.347	+	0.274
	=	1.62

Intrepid Metals's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	1.347	+	0.274
	=	1.62

Intrepid Metals (OTCPK:IMTCF) Total Assets Explanation

Total Assets is connected with ROA %.

Intrepid Metals's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1.272	/	( (1.317	+	1.621)	/ 2 )
	=	-1.272	/	1.469
	=	-86.59 %

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

Intrepid Metals's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (1.317	+	1.621)	/ 2 )
=	0	/	1.469
=	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.

Intrepid Metals Total Assets Related Terms

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Intrepid Metals (Intrepid Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Intrepid Metals Corp (OTCPK:IMTCF) » Definitions » Total Assets

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INTR:Canada

Address

1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3

Website

https://www.intrepidmetals.com

Intrepid Metals Corp iss engaged in the acquisition, exploration, and development of mineral properties. It is focused on exploring for high-grade copper, silver, and zinc projects in proximity to established mining camps in south-eastern Arizona, USA.