ECR Minerals (ECR Minerals) Total Assets : $6.40 Mil (As of Sep. 2023)

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What is ECR Minerals Total Assets?

ECR Minerals's Total Assets for the quarter that ended in Sep. 2023 was $6.40 Mil.

During the past 12 months, ECR Minerals's average Total Assets Growth Rate was -1.80% per year. During the past 3 years, the average Total Assets Growth Rate was 32.90% per year. During the past 5 years, the average Total Assets Growth Rate was 14.70% per year. During the past 10 years, the average Total Assets Growth Rate was 3.30% per year.

During the past 13 years, ECR Minerals's highest 3-Year average Total Assets Growth Rate was 36.70%. The lowest was -31.50%. And the median was -8.55%.

Total Assets is connected with ROA %. ECR Minerals's annualized ROA % for the quarter that ended in Sep. 2023 was -37.34%. Total Assets is also linked to Revenue through Asset Turnover. ECR Minerals's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

ECR Minerals Total Assets Historical Data

The historical data trend for ECR 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.

ECR Minerals Total Assets Chart

ECR Minerals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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4.56

4.77

10.80

6.86

6.40

ECR Minerals Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															10.80	10.11	6.86	7.50	6.40

ECR 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.

ECR Minerals's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	6.203	+	0.191
	=	6.39

ECR Minerals'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 )
	=	6.203	+	0.191
	=	6.39

ECR Minerals (OTCPK:MTGDY) Total Assets Explanation

Total Assets is connected with ROA %.

ECR Minerals's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-2.594	/	( (7.498	+	6.395)	/ 2 )
	=	-2.594	/	6.9465
	=	-37.34 %

Note: The Net Income data used here is two times the semi-annual (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.

ECR Minerals's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (7.498	+	6.395)	/ 2 )
=	0	/	6.9465
=	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.

ECR Minerals Total Assets Related Terms

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ECR Minerals (ECR Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ECR Minerals PLC (OTCPK:MTGDY) » Definitions » Total Assets

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Traded in Other Exchanges

ECR:UK

Address

Ranelagh Gardens, Office T3, Hurlingham Studios, London, GBR, SW6 3PA

Website

https://www.ecrminerals.com

ECR Minerals PLC is a mineral exploration and development company which acts as a holding company for its subsidiaries and other investments. It is involved in the identification, acquisition, exploration, and development of mineral projects. The company focuses on the exploration of Gold and Copper assets. The firm's current project area is Argentina, Australia, and the Philippines. Its projects include SLM gold, Danglay gold, and Central Victorian Gold.

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