Prospector Metals (Prospector Metals) Total Assets : $5.82 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Prospector Metals Total Assets?

Prospector Metals's Total Assets for the quarter that ended in Dec. 2023 was $5.82 Mil.

During the past 12 months, Prospector Metals's average Total Assets Growth Rate was -14.60% per year. During the past 3 years, the average Total Assets Growth Rate was 43.50% per year. During the past 5 years, the average Total Assets Growth Rate was 71.80% per year. During the past 10 years, the average Total Assets Growth Rate was 88.50% per year.

During the past 13 years, Prospector Metals's highest 3-Year average Total Assets Growth Rate was 388.00%. The lowest was -72.40%. And the median was 94.10%.

Total Assets is connected with ROA %. Prospector Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -72.39%. Total Assets is also linked to Revenue through Asset Turnover. Prospector Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Prospector Metals Total Assets Historical Data

The historical data trend for Prospector 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.

* Premium members only.

Prospector Metals Total Assets Chart

Prospector Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

3.29

5.05

10.92

8.22

5.82

Prospector Metals 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															8.22	8.38	7.63	6.55	5.82

Prospector 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.

Prospector 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 )
	=	5.441	+	0.376
	=	5.82

Prospector 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 )
	=	5.441	+	0.376
	=	5.82

Prospector Metals (OTCPK:PMCOF) Total Assets Explanation

Total Assets is connected with ROA %.

Prospector Metals'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 )
	=	-4.476	/	( (6.549	+	5.817)	/ 2 )
	=	-4.476	/	6.183
	=	-72.39 %

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.

Prospector Metals'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	/	( (6.549	+	5.817)	/ 2 )
=	0	/	6.183
=	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.

Prospector Metals Total Assets Related Terms

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

Prospector Metals (Prospector Metals) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PPP:Canada

Address

1030 West Georgia Street, Suite 1012, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.prospectormetalscorp.com

Prospector Metals Corp is a Canada-based exploration company engaged in the identification, exploration, and development of economically viable mineral properties. The projects of the company are Whitton, Savant, Toogood, Pipeline Projects, and others.

Prospector Metals (Prospector Metals) Headlines

From GuruFocus

Ethos Gold Corp. Announces Extension of Share Purchase Warrants

By GlobeNewswire GlobeNewswire • 04-09-2018