Lundin Mining (Lundin Mining) Total Assets : $10,861 Mil (As of Dec. 2023)

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What is Lundin Mining Total Assets?

Lundin Mining's Total Assets for the quarter that ended in Dec. 2023 was $10,861 Mil.

During the past 12 months, Lundin Mining's average Total Assets Growth Rate was 31.10% per year. During the past 3 years, the average Total Assets Growth Rate was 17.10% per year. During the past 5 years, the average Total Assets Growth Rate was 13.00% per year. During the past 10 years, the average Total Assets Growth Rate was 7.20% per year.

During the past 13 years, Lundin Mining's highest 3-Year average Total Assets Growth Rate was 555.70%. The lowest was -9.90%. And the median was 12.15%.

Total Assets is connected with ROA %. Lundin Mining's annualized ROA % for the quarter that ended in Dec. 2023 was 1.44%. Total Assets is also linked to Revenue through Asset Turnover. Lundin Mining's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

Lundin Mining Total Assets Historical Data

The historical data trend for Lundin Mining'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.

Lundin Mining Total Assets Chart

Lundin Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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6,917.25

7,058.48

7,636.91

8,172.80

10,861.20

Lundin Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															8,172.80	8,347.01	8,441.81	10,696.19	10,861.20

Lundin Mining 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.

Lundin Mining'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 )
	=	6418.12	+	4443.079
	=	10,861

Lundin Mining'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 )
	=	6418.12	+	4443.079
	=	10,861

Lundin Mining (OTCPK:LUNMF) Total Assets Explanation

Total Assets is connected with ROA %.

Lundin Mining'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 )
	=	155.188	/	( (10696.193	+	10861.199)	/ 2 )
	=	155.188	/	10778.696
	=	1.44 %

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.

Lundin Mining'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 )
=	1060.007	/	( (10696.193	+	10861.199)	/ 2 )
=	1060.007	/	10778.696
=	0.10

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.

Lundin Mining Total Assets Related Terms

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Lundin Mining (Lundin Mining) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LUMI:Sweden LUMIs:UK 0RQ9:UK GXD:Germany LUN:Canada

Address

150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9

Website

https://www.lundinmining.com

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.