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AFMJF (Alphamin Resources) Total Assets : $589.6 Mil (As of Sep. 2024)


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What is Alphamin Resources Total Assets?

Alphamin Resources's Total Assets for the quarter that ended in Sep. 2024 was $589.6 Mil.

During the past 12 months, Alphamin Resources's average Total Assets Growth Rate was 7.60% per year. During the past 3 years, the average Total Assets Growth Rate was 22.00% per year. During the past 5 years, the average Total Assets Growth Rate was 15.60% per year. During the past 10 years, the average Total Assets Growth Rate was 33.80% per year.

During the past 13 years, Alphamin Resources's highest 3-Year average Total Assets Growth Rate was 557.10%. The lowest was -47.30%. And the median was 30.10%.

Total Assets is connected with ROA %. Alphamin Resources's annualized ROA % for the quarter that ended in Sep. 2024 was 23.23%. Total Assets is also linked to Revenue through Asset Turnover. Alphamin Resources's Asset Turnover for the quarter that ended in Sep. 2024 was 0.31.

Alphamin Resources Total Assets Historical Data

The historical data trend for Alphamin Resources'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.

Alphamin Resources Total Assets Chart

Alphamin Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 318.57 297.72 421.15 490.10 516.76

Alphamin Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 483.61 516.76 543.70 544.85 589.58

Alphamin Resources 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.

Alphamin Resources'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 )
=365.512+151.248
=516.8

Alphamin Resources's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=408.304+181.277
=589.6

* 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.

Alphamin Resources  (OTCPK:AFMJF) Total Assets Explanation

Total Assets is connected with ROA %.

Alphamin Resources's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=131.764/( (544.846+589.581)/ 2 )
=131.764/567.2135
=23.23 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

Alphamin Resources's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=174.545/( (544.846+589.581)/ 2 )
=174.545/567.2135
=0.31

* 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.

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.

Alphamin Resources Total Assets Related Terms

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Alphamin Resources Business Description

Industry
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Traded in Other Exchanges
APH:South Africa 21L:Germany AFM:Canada
Address
C/o Adansonia Management Services Limited, Suite 1, Perrieri Office Suites, C2-302, Level 3, La Croisette, Office Block C, Grand Baie, MUS, 30517
Website
https://www.alphaminresources.com
Alphamin Resources Corp is engaged in the business of production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The company considers its business to consist of one reportable operating segment, the production and sale of tin from its Bisie tin mine.