Aloro Mining (TSXV:AORO) Total Assets : C$1.58 Mil (As of Sep. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Aloro Mining Total Assets?

Aloro Mining's Total Assets for the quarter that ended in Sep. 2023 was C$1.58 Mil.

During the past 12 months, Aloro Mining's average Total Assets Growth Rate was -2.30% per year. During the past 3 years, the average Total Assets Growth Rate was -2.30% per year. During the past 5 years, the average Total Assets Growth Rate was 35.40% per year. During the past 10 years, the average Total Assets Growth Rate was 16.30% per year.

During the past 13 years, Aloro Mining's highest 3-Year average Total Assets Growth Rate was 174.00%. The lowest was -61.10%. And the median was 6.95%.

Total Assets is connected with ROA %. Aloro Mining's annualized ROA % for the quarter that ended in Sep. 2023 was -21.70%. Total Assets is also linked to Revenue through Asset Turnover. Aloro Mining's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Aloro Mining Total Assets Historical Data

The historical data trend for Aloro Mining'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.

Aloro Mining Total Assets Chart

Aloro Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

Get a 7-Day Free Trial

1.42

1.68

1.78

1.63

1.57

Aloro Mining Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															1.61	1.57	1.58	1.63	1.58

Aloro Mining 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.

Aloro Mining's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	0.194	+	1.379
	=	1.57

Aloro Mining'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 )
	=	0.016	+	1.567
	=	1.58

Aloro Mining (TSXV:AORO) Total Assets Explanation

Total Assets is connected with ROA %.

Aloro Mining's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-0.348	/	( (1.625	+	1.583)	/ 2 )
	=	-0.348	/	1.604
	=	-21.70 %

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

Aloro Mining's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (1.625	+	1.583)	/ 2 )
=	0	/	1.604
=	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.

Aloro Mining Total Assets Related Terms

Thank you for viewing the detailed overview of Aloro Mining's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Aloro Mining (TSXV:AORO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aloro Mining Corp (TSXV:AORO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

WLRMF:USA

Address

No. 250 - 750 West Pender Street, Vancouver, BC, CAN, V6C 2T7

Website

https://www.aloromining.com

Aloro Mining Corp is a Canada-based gold exploration company. Its business is the acquisition, exploration, and development of its mineral interest in Mexico. The company has focused on finding and developing economic mineral deposits. Its project portfolio includes Quitovac Mine Project and Los Venados Project.

Aloro Mining (TSXV:AORO) Headlines

No Headlines