Panther Metals (LSE:PALM) Total Assets : £4.26 Mil (As of Dec. 2023)

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What is Panther Metals Total Assets?

Panther Metals's Total Assets for the quarter that ended in Dec. 2023 was £4.26 Mil.

During the past 12 months, Panther Metals's average Total Assets Growth Rate was 19.90% per year. During the past 3 years, the average Total Assets Growth Rate was 44.70% per year. During the past 5 years, the average Total Assets Growth Rate was 64.80% per year.

During the past 8 years, Panther Metals's highest 3-Year average Total Assets Growth Rate was 551.70%. The lowest was 44.70%. And the median was 98.30%.

Total Assets is connected with ROA %. Panther Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -24.49%. Total Assets is also linked to Revenue through Asset Turnover. Panther Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Panther Metals Total Assets Historical Data

The historical data trend for Panther 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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Panther Metals Total Assets Chart

Panther Metals Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.89

1.63

2.67

3.55

4.26

Panther Metals Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial									2.67	2.94	3.55	4.28	4.26

Panther 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.

Panther 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 )
	=	3.557	+	0.704
	=	4.26

Panther 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 )
	=	3.557	+	0.704
	=	4.26

Panther Metals (LSE:PALM) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1.046	/	( (4.283	+	4.261)	/ 2 )
	=	-1.046	/	4.272
	=	-24.49 %

Note: The Net Income data used here is two times the semi-annual (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.

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

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (4.283	+	4.261)	/ 2 )
=	0	/	4.272
=	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.

Panther Metals Total Assets Related Terms

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Panther Metals (LSE:PALM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Panther Metals PLC (LSE:PALM) » Definitions » Total Assets

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Address

Eastways Enterprise Centre, 7 Paynes Park, Hitchin, Hertfordshire, GBR, SG5 1EH

Website

https://www.panthermetals.co.uk

Panther Metals PLC is a mineral exploration company engaged in investing and acquiring companies and projects within the natural resources sector for the base, precious, and energy metals. The company's projects include Obonga Project, Dotted Lake Project, Manitou Lakes Project, and Big Bear Project.

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