Zonte Metals (FRA:31E) Total Assets

: €3.79 Mil (As of Oct. 2023)

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Zonte Metals's Total Assets for the quarter that ended in Oct. 2023 was €3.79 Mil.

During the past 12 months, Zonte Metals's average Total Assets Growth Rate was 0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 10.30% per year. During the past 5 years, the average Total Assets Growth Rate was 28.60% per year. During the past 10 years, the average Total Assets Growth Rate was 30.80% per year.

During the past 13 years, Zonte Metals's highest 3-Year average Total Assets Growth Rate was 88.60%. The lowest was -15.00%. And the median was 36.30%.

Total Assets is connected with ROA %. Zonte Metals's annualized ROA % for the quarter that ended in Oct. 2023 was -0.32%. Total Assets is also linked to Revenue through Asset Turnover. Zonte Metals's Asset Turnover for the quarter that ended in Oct. 2023 was 0.00.

Zonte Metals Total Assets Historical Data

The historical data trend for Zonte 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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Zonte Metals Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Total Assets

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2.46

3.53

3.25

3.49

3.79

Zonte Metals Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Total Assets	Get a 7-Day Free Trial															3.65	3.79	3.77	3.75	3.79

Zonte 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.

Zonte Metals's Total Assets for the fiscal year that ended in Jan. 2023 is calculated as

Total Assets	=	Total Equity (A: Jan. 2023 )	+	Total Liabilities (A: Jan. 2023 )
	=	2.65	+	1.14
	=	3.79

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

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	2.667	+	1.12
	=	3.79

Zonte Metals (FRA:31E) Total Assets Explanation

Total Assets is connected with ROA %.

Zonte Metals's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	-0.012	/	( (3.751	+	3.787)	/ 2 )
	=	-0.012	/	3.769
	=	-0.32 %

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

Zonte Metals's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	0	/	( (3.751	+	3.787)	/ 2 )
=	0	/	3.769
=	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.

Zonte Metals Total Assets Related Terms

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Zonte Metals (FRA:31E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zonte Metals Inc (FRA:31E) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

EREPF:USA 31E:Germany ZON:Canada

Address

20 Fielding Avenue, Dartmouth, NS, CAN, B3B 1E1

Website

https://www.zontemetals.com

Zonte Metals Inc is a Canada-based junior mineral exploration company focused on gold. The company holds interest in various projects namely Wings Point, McConnell's Jest, and Cross Hills.

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