Moonbound Mining (XCNQ:MML) Total Assets : C$26.65 Mil (As of Jan. 2024)

Moonbound Mining Total Assets Chart

Moonbound Mining Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial				0.35	0.63	0.49	3.20	26.65

Moonbound 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.

Moonbound Mining's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Moonbound Mining's Total Assets for the quarter that ended in Jan. 2024 is calculated as

* 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.

Moonbound Mining  (XCNQ:MML) Total Assets Explanation

Total Assets is connected with ROA %.

Moonbound Mining's annualized ROA % for the quarter that ended in Jan. 2024 is

Note: The Net Income data used here is four times the quarterly (Jan. 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.

Moonbound Mining's Asset Turnover for the quarter that ended in Jan. 2024 is

* 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.

Moonbound Mining Total Assets Related Terms

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Moonbound Mining (XCNQ:MML) Business Description