Denison Mines (TSX:DML) Total Assets : C$726.60 Mil (As of Dec. 2023)

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What is Denison Mines Total Assets?

Denison Mines's Total Assets for the quarter that ended in Dec. 2023 was C$726.60 Mil.

During the past 12 months, Denison Mines's average Total Assets Growth Rate was 28.10% per year. During the past 3 years, the average Total Assets Growth Rate was 28.00% per year. During the past 5 years, the average Total Assets Growth Rate was 16.40% per year. During the past 10 years, the average Total Assets Growth Rate was 5.30% per year.

During the past 13 years, Denison Mines's highest 3-Year average Total Assets Growth Rate was 223.80%. The lowest was -33.50%. And the median was -3.10%.

Total Assets is connected with ROA %. Denison Mines's annualized ROA % for the quarter that ended in Dec. 2023 was 20.57%. Total Assets is also linked to Revenue through Asset Turnover. Denison Mines's Asset Turnover for the quarter that ended in Dec. 2023 was -0.01.

Denison Mines Total Assets Historical Data

The historical data trend for Denison Mines'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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Denison Mines Total Assets Chart

Denison Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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300.00

320.69

510.28

515.80

726.60

Denison Mines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															515.80	532.24	532.63	614.01	726.60

Denison Mines 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.

Denison Mines'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 )
	=	641.784	+	84.819
	=	726.60

Denison Mines'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 )
	=	641.784	+	84.819
	=	726.60

Denison Mines (TSX:DML) Total Assets Explanation

Total Assets is connected with ROA %.

Denison Mines'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 )
	=	137.908	/	( (614.011	+	726.603)	/ 2 )
	=	137.908	/	670.307
	=	20.57 %

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.

Denison Mines'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 )
=	-5.49	/	( (614.011	+	726.603)	/ 2 )
=	-5.49	/	670.307
=	-0.01

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.

Denison Mines Total Assets Related Terms

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Denison Mines (TSX:DML) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Denison Mines Corp (TSX:DML) » Definitions » Total Assets

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DNN:USA IUQ:Germany

Address

40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1

Website

https://www.denisonmines.com

Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.

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