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Minco Silver (Minco Silver) Total Assets : $34.07 Mil (As of Dec. 2023)


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What is Minco Silver Total Assets?

Minco Silver's Total Assets for the quarter that ended in Dec. 2023 was $34.07 Mil.

During the past 12 months, Minco Silver's average Total Assets Growth Rate was 1.40% per year. During the past 3 years, the average Total Assets Growth Rate was -10.80% per year. During the past 5 years, the average Total Assets Growth Rate was -27.90% per year. During the past 10 years, the average Total Assets Growth Rate was -16.30% per year.

During the past 13 years, Minco Silver's highest 3-Year average Total Assets Growth Rate was 598.90%. The lowest was -42.00%. And the median was 19.50%.

Total Assets is connected with ROA %. Minco Silver's annualized ROA % for the quarter that ended in Dec. 2023 was 29.66%. Total Assets is also linked to Revenue through Asset Turnover. Minco Silver's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Minco Silver Total Assets Historical Data

The historical data trend for Minco Silver'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.

Minco Silver Total Assets Chart

Minco Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.17 36.81 38.12 38.64 34.07

Minco Silver 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.64 38.72 33.13 31.72 34.07

Minco Silver 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.

Minco Silver'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 )
=31.547+2.522
=34.07

Minco Silver'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 )
=31.547+2.522
=34.07

* 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.


Minco Silver  (OTCPK:MISVF) Total Assets Explanation

Total Assets is connected with ROA %.

Minco Silver'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 )
=9.756/( (31.722+34.069)/ 2 )
=9.756/32.8955
=29.66 %

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.

Minco Silver'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/( (31.722+34.069)/ 2 )
=0/32.8955
=0.00

* 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.

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.

Minco Silver Total Assets Related Terms

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Minco Silver (Minco Silver) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2060, P.O. Box 11176, Vancouver, BC, CAN, V6E 3P3
Minco Silver Corp is a Canadian-based silver mining company. It is engaged in exploring, evaluating, and developing precious metal mineral properties and projects. The company has an interest in the Fuwan Silver Project and Changkeng Gold Project. It has one segment for the exploration and development of resource properties.

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