Aben Minerals (Aben Minerals) Total Assets

: $10.30 Mil (As of Dec. 2023)

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Aben Minerals's Total Assets for the quarter that ended in Dec. 2023 was $10.30 Mil.

During the past 12 months, Aben Minerals's average Total Assets Growth Rate was -2.90% per year. During the past 5 years, the average Total Assets Growth Rate was 6.00% per year. During the past 10 years, the average Total Assets Growth Rate was 17.70% per year.

During the past 13 years, Aben Minerals's highest 3-Year average Total Assets Growth Rate was 156.10%. The lowest was -43.40%. And the median was 17.55%.

Total Assets is connected with ROA %. Aben Minerals's annualized ROA % for the quarter that ended in Dec. 2023 was -1.37%. Total Assets is also linked to Revenue through Asset Turnover. Aben Minerals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Aben Minerals Total Assets Historical Data

The historical data trend for Aben 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.

Aben Minerals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

11.73

11.41

11.62

10.72

10.22

Aben Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets																10.41	10.31	10.56	10.22	10.30

Aben 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.

Aben 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 )
	=	10.196	+	0.019
	=	10.22

Aben Minerals'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 )
	=	10.249	+	0.046
	=	10.30

Aben Minerals (OTCPK:ABNAF) Total Assets Explanation

Total Assets is connected with ROA %.

Aben Minerals's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.14	/	( (10.215	+	10.295)	/ 2 )
	=	-0.14	/	10.255
	=	-1.37 %

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

Aben Minerals's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (10.215	+	10.295)	/ 2 )
=	0	/	10.255
=	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.

Aben Minerals Total Assets Related Terms

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Aben Minerals (Aben Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aben Minerals Ltd (OTCPK:ABNAF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

R26:Germany ABM:Canada

Address

1610 - 777 Dunsmuir Street, P.O. Box 10427, Vancouver, BC, CAN, V7Y 1K4

Website

https://www.abenminerals.com

Aben Minerals Ltd is an exploration and development-stage company engaged in the business of acquisition, exploration, and evaluation of mineral resource properties. The company's projects include Justin Gold and Forrest Kerr Gold.