Laramide Resources (TSX:LAM) Total Assets : C$110.00 Mil (As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Laramide Resources Total Assets?

Laramide Resources's Total Assets for the quarter that ended in Mar. 2024 was C$110.00 Mil.

During the past 12 months, Laramide Resources's average Total Assets Growth Rate was 5.70% per year. During the past 3 years, the average Total Assets Growth Rate was 3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 2.10% per year. During the past 10 years, the average Total Assets Growth Rate was 2.90% per year.

During the past 13 years, Laramide Resources's highest 3-Year average Total Assets Growth Rate was 162.40%. The lowest was -27.90%. And the median was 2.90%.

Total Assets is connected with ROA %. Laramide Resources's annualized ROA % for the quarter that ended in Mar. 2024 was -5.93%. Total Assets is also linked to Revenue through Asset Turnover. Laramide Resources's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Laramide Resources Total Assets Historical Data

The historical data trend for Laramide 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.

Laramide Resources Total Assets Chart

Laramide Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

86.46

92.18

96.57

99.90

109.60

Laramide Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															101.67	99.09	99.63	109.60	110.00

Laramide 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.

Laramide 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 )
	=	96.643	+	12.961
	=	109.60

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

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	97.3	+	12.703
	=	110.00

Laramide Resources (TSX:LAM) Total Assets Explanation

Total Assets is connected with ROA %.

Laramide Resources's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-6.508	/	( (109.604	+	110.003)	/ 2 )
	=	-6.508	/	109.8035
	=	-5.93 %

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

Laramide Resources's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (109.604	+	110.003)	/ 2 )
=	0	/	109.8035
=	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.

Laramide Resources Total Assets Related Terms

Thank you for viewing the detailed overview of Laramide Resources's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Laramide Resources (TSX:LAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Laramide Resources Ltd (TSX:LAM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LMRXF:USA L4R:Germany LAM:Australia

Address

130 King Street West, The Exchange Tower, Suite 3680, Box 99, Toronto, ON, CAN, M5X 1B1

Website

https://www.laramide.com

Laramide Resources Ltd is a Canadian company engaged in the exploration and development of high-quality uranium assets based in Australia and the United States. The company's project includes Churchrock and ISR, New Mexico; La Sal, Utah; La Jara Mesa; Westmoreland, Australia, and Murphy Project.

Executives

Marc Charles Henderson

Director, Senior Officer

Laramide Resources (TSX:LAM) Headlines

No Headlines