Adriatic Metals (Adriatic Metals) Total Assets : $290.85 Mil (As of Dec. 2023)

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What is Adriatic Metals Total Assets?

Adriatic Metals's Total Assets for the quarter that ended in Dec. 2023 was $290.85 Mil.

During the past 12 months, Adriatic Metals's average Total Assets Growth Rate was 107.40% per year. During the past 3 years, the average Total Assets Growth Rate was 164.70% per year. During the past 5 years, the average Total Assets Growth Rate was 162.40% per year.

During the past 7 years, Adriatic Metals's highest 3-Year average Total Assets Growth Rate was 201.40%. The lowest was 126.70%. And the median was 164.70%.

Total Assets is connected with ROA %. Adriatic Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -14.07%. Total Assets is also linked to Revenue through Asset Turnover. Adriatic Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Adriatic Metals Total Assets Historical Data

The historical data trend for Adriatic Metals'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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Adriatic Metals Total Assets Chart

Adriatic Metals Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

Total Assets

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13.21

26.89

177.24

174.73

290.85

Adriatic Metals Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial							177.24	168.51	174.73	267.75	290.85

Adriatic Metals 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.

Adriatic Metals'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 )
	=	110.658	+	180.194
	=	290.85

Adriatic Metals's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	110.658	+	180.194
	=	290.85

Adriatic Metals (OTCPK:ADMLF) Total Assets Explanation

Total Assets is connected with ROA %.

Adriatic Metals's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-39.31	/	( (267.748	+	290.852)	/ 2 )
	=	-39.31	/	279.3
	=	-14.07 %

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

Adriatic Metals's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (267.748	+	290.852)	/ 2 )
=	0	/	279.3
=	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.

Adriatic Metals Total Assets Related Terms

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Adriatic Metals (Adriatic Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Adriatic Metals PLC (OTCPK:ADMLF) » Definitions » Total Assets

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ADTLF:USA ADT1l:UK ADT1:UK 3FN:Germany ADT:Australia

Address

65 Rodney Road, Ground Floor, Regent House, Cheltenham, GBR, GL50 1HX

Website

https://www.adriaticmetals.com

Adriatic Metals PLC is engaged in mineral exploration. The projects of the company are The Veovaca and The Raska. The Veovaca is historic open-cut zinc, lead, barite, and silver mine and the Raska project is an advanced exploration project which exhibits exceptionally high grades of the base and precious metals and is located approximately 17km North-West of the Veovaca Project.

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