Aztec Minerals (TSXV:AZT) Total Assets : C$12.94 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Aztec Minerals Total Assets?

Aztec Minerals's Total Assets for the quarter that ended in Mar. 2024 was C$12.94 Mil.

During the past 12 months, Aztec Minerals's average Total Assets Growth Rate was 27.30% per year. During the past 3 years, the average Total Assets Growth Rate was 41.20% per year. During the past 5 years, the average Total Assets Growth Rate was 41.00% per year.

During the past 9 years, Aztec Minerals's highest 3-Year average Total Assets Growth Rate was 87.30%. The lowest was 41.20%. And the median was 47.00%.

Total Assets is connected with ROA %. Aztec Minerals's annualized ROA % for the quarter that ended in Mar. 2024 was -25.40%. Total Assets is also linked to Revenue through Asset Turnover. Aztec Minerals's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Aztec Minerals Total Assets Historical Data

The historical data trend for Aztec Minerals'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.

Aztec Minerals Total Assets Chart

Aztec Minerals Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

3.05

6.18

8.32

10.98

12.48

Aztec Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															10.98	11.86	12.64	12.48	12.94

Aztec Minerals 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.

Aztec Minerals'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 )
	=	12.025	+	0.455
	=	12.48

Aztec Minerals'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 )
	=	12.66	+	0.279
	=	12.94

Aztec Minerals (TSXV:AZT) Total Assets Explanation

Total Assets is connected with ROA %.

Aztec Minerals'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 )
	=	-3.228	/	( (12.48	+	12.939)	/ 2 )
	=	-3.228	/	12.7095
	=	-25.40 %

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.

Aztec Minerals'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	/	( (12.48	+	12.939)	/ 2 )
=	0	/	12.7095
=	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.

Aztec Minerals Total Assets Related Terms

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

Aztec Minerals (TSXV:AZT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aztec Minerals Corp (TSXV:AZT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AZZTF:USA AZ3:Germany

Address

No. 1610 - 777 Dunsmuir Street, Vancouver, BC, CAN, V7Y 1K4

Website

https://www.aztecminerals.com

Aztec Minerals Corp is a mineral exploration company focused on the discovery of large mineral deposits. Its core asset is the prospective Cervantes porphyry gold-copper property in Sonora, Mexico and the second project is the district-scale historic Tombstone properties in Arizona. It has one operating segment, Mineral Exploration, with assets located in Canada, Mexico and U.S.A.

Executives

Simon Christopher Dyakowski

Director, Senior Officer

Aztec Minerals (TSXV:AZT) Headlines

No Headlines