Mountain Province Diamonds (Mountain Province Diamonds) Total Assets : $720.4 Mil (As of Mar. 2023)

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What is Mountain Province Diamonds Total Assets?

Mountain Province Diamonds's Total Assets for the quarter that ended in Mar. 2023 was $720.4 Mil.

Total Assets is connected with ROA %. Mountain Province Diamonds's annualized ROA % for the quarter that ended in Mar. 2023 was 11.94%. Total Assets is also linked to Revenue through Asset Turnover. Mountain Province Diamonds's Asset Turnover for the quarter that ended in Mar. 2023 was 0.14.

Mountain Province Diamonds Total Assets Historical Data

The historical data trend for Mountain Province Diamonds'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.

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Mountain Province Diamonds Total Assets Chart

Mountain Province Diamonds Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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729.29

624.72

464.77

685.55

661.42

Mountain Province Diamonds Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Total Assets	Get a 7-Day Free Trial															739.14	731.04	724.32	661.42	720.42

Mountain Province Diamonds 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.

Mountain Province Diamonds'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 )
	=	299.711	+	361.71
	=	661.4

Mountain Province Diamonds's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	318.44	+	401.978
	=	720.4

Mountain Province Diamonds (OTCPK:MPVDF) Total Assets Explanation

Total Assets is connected with ROA %.

Mountain Province Diamonds's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	82.508	/	( (661.421	+	720.419)	/ 2 )
	=	82.508	/	690.92
	=	11.94 %

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

Mountain Province Diamonds's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	94.027	/	( (661.421	+	720.419)	/ 2 )
=	94.027	/	690.92
=	0.14

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.

Mountain Province Diamonds Total Assets Related Terms

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Mountain Province Diamonds (Mountain Province Diamonds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mountain Province Diamonds Inc (OTCPK:MPVDF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MPG:Germany MPVD:Canada

Address

161 Bay Street, Suite 1410, P.O. Box 216, Toronto, ON, CAN, M5J 2S1

Website

https://www.mountainprovince.com

Mountain Province Diamonds Inc is engaged in the mining and marketing of rough diamonds. The Company supplies rough diamonds from its 49% ownership interest in the Gahcho Kue diamond mine (the GK Diamond Mine). The GK Diamond Mine is located in Canada's Northwest Territories. The Company also owns 100% of the mineral rights of the Kennady North Project (KNP) in Canada's Northwest Territories.