Minaurum Gold (FRA:78M) Total Assets : €6.37 Mil (As of Jan. 2024)

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What is Minaurum Gold Total Assets?

Minaurum Gold's Total Assets for the quarter that ended in Jan. 2024 was €6.37 Mil.

During the past 12 months, Minaurum Gold's average Total Assets Growth Rate was -0.80% per year. During the past 3 years, the average Total Assets Growth Rate was 10.10% per year. During the past 5 years, the average Total Assets Growth Rate was 13.30% per year. During the past 10 years, the average Total Assets Growth Rate was 10.40% per year.

During the past 13 years, Minaurum Gold's highest 3-Year average Total Assets Growth Rate was 505.70%. The lowest was -7.40%. And the median was 15.40%.

Total Assets is connected with ROA %. Minaurum Gold's annualized ROA % for the quarter that ended in Jan. 2024 was -36.18%. Total Assets is also linked to Revenue through Asset Turnover. Minaurum Gold's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Minaurum Gold Total Assets Historical Data

The historical data trend for Minaurum 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.

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Minaurum Gold Total Assets Chart

Minaurum Gold Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Total Assets

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4.43

9.01

6.16

8.02

12.25

Minaurum Gold Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															9.19	7.67	6.60	6.70	6.37

Minaurum 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.

Minaurum Gold's Total Assets for the fiscal year that ended in Apr. 2022 is calculated as

Total Assets	=	Total Equity (A: Apr. 2022 )	+	Total Liabilities (A: Apr. 2022 )
	=	11.64	+	0.606
	=	12.25

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

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	6.088	+	0.28
	=	6.37

Minaurum Gold (FRA:78M) Total Assets Explanation

Total Assets is connected with ROA %.

Minaurum Gold's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-2.364	/	( (6.701	+	6.368)	/ 2 )
	=	-2.364	/	6.5345
	=	-36.18 %

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

Minaurum Gold's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0	/	( (6.701	+	6.368)	/ 2 )
=	0	/	6.5345
=	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.

Minaurum Gold Total Assets Related Terms

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Minaurum Gold (FRA:78M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minaurum Gold Inc (FRA:78M) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MMRGF:USA 78M:Germany MGG:Canada

Address

200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4

Website

https://www.minaurum.com

Minaurum Gold Inc is a regional explorer focusing on the exploration and development of high-grade gold and silver projects in the Southern Sonora State, Oaxaca-Chiapas region and Guerrero Gold Belt. It holds interest in Taviche Project, Alamos (Quintera) Project, Santa Marta Project, Vuelcos del Destino Property, Adelita Property, and Aurena Property. The Company operates in one segment the acquisition and exploration of exploration and evaluation assets. It operates in Mexico and the United States.

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