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Chibougamau Independent Mines (Chibougamau Independent Mines) Total Assets : $0.78 Mil (As of Sep. 2023)


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What is Chibougamau Independent Mines Total Assets?

Chibougamau Independent Mines's Total Assets for the quarter that ended in Sep. 2023 was $0.78 Mil.

During the past 12 months, Chibougamau Independent Mines's average Total Assets Growth Rate was -58.10% per year. During the past 3 years, the average Total Assets Growth Rate was 50.60% per year. During the past 5 years, the average Total Assets Growth Rate was -1.50% per year. During the past 10 years, the average Total Assets Growth Rate was -37.30% per year.

During the past 12 years, Chibougamau Independent Mines's highest 3-Year average Total Assets Growth Rate was 53.30%. The lowest was -88.70%. And the median was -19.30%.

Total Assets is connected with ROA %. Chibougamau Independent Mines's annualized ROA % for the quarter that ended in Sep. 2023 was 267.12%. Total Assets is also linked to Revenue through Asset Turnover. Chibougamau Independent Mines's Asset Turnover for the quarter that ended in Sep. 2023 was 0.85.


Chibougamau Independent Mines Total Assets Historical Data

The historical data trend for Chibougamau Independent Mines'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.

Chibougamau Independent Mines Total Assets Chart

Chibougamau Independent Mines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.46 1.03 0.81 0.45

Chibougamau Independent Mines Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.44 0.45 0.45 0.40 0.78

Chibougamau Independent Mines 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.

Chibougamau Independent Mines's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=0.338+0.116
=0.45

Chibougamau Independent Mines's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=0.698+0.085
=0.78

* 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.


Chibougamau Independent Mines  (OTCPK:CMAUF) Total Assets Explanation

Total Assets is connected with ROA %.

Chibougamau Independent Mines's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=1.584/( (0.403+0.783)/ 2 )
=1.584/0.593
=267.12 %

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

Chibougamau Independent Mines's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.503/( (0.403+0.783)/ 2 )
=0.503/0.593
=0.85

* 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.

Chibougamau Independent Mines Total Assets Related Terms

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Chibougamau Independent Mines (Chibougamau Independent Mines) Business Description

Traded in Other Exchanges
Address
86, 14th Street, Rouyn-Noranda, QC, CAN, J9X 2J1
Chibougamau Independent Mines Inc is a natural resources exploration company. It is focused on reviving production in the Chibougamau gold-copper mining camp. It owns an interest in several exploration properties including Berrigan South and Berrigan Mine, Bateman Bay, Grandroy, Kokko Creek, Lac Simon, and others.

Chibougamau Independent Mines (Chibougamau Independent Mines) Headlines

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