ALCUF (Alpha Copper) Total Assets : $4.90 Mil (As of Jun. 2024)

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What is Alpha Copper Total Assets?

Alpha Copper's Total Assets for the quarter that ended in Jun. 2024 was $4.90 Mil.

During the past 12 months, Alpha Copper's average Total Assets Growth Rate was -34.20% per year. During the past 3 years, the average Total Assets Growth Rate was 288.40% per year. During the past 5 years, the average Total Assets Growth Rate was 213.70% per year.

During the past 6 years, Alpha Copper's highest 3-Year average Total Assets Growth Rate was 288.40%. The lowest was 142.70%. And the median was 144.40%.

Total Assets is connected with ROA %. Alpha Copper's annualized ROA % for the quarter that ended in Jun. 2024 was -226.86%. Total Assets is also linked to Revenue through Asset Turnover. Alpha Copper's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Alpha Copper Total Assets Historical Data

The historical data trend for Alpha Copper'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.

Alpha Copper Total Assets Chart

Alpha Copper Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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0.55

0.40

1.02

4.15

8.16

Alpha Copper Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															7.76	8.16	8.60	8.39	4.90

Alpha Copper 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.

Alpha Copper'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 )
	=	7.604	+	0.559
	=	8.16

Alpha Copper's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	3.994	+	0.91
	=	4.90

Alpha Copper (OTCPK:ALCUF) Total Assets Explanation

Total Assets is connected with ROA %.

Alpha Copper's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-15.076	/	( (8.387	+	4.904)	/ 2 )
	=	-15.076	/	6.6455
	=	-226.86 %

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

Alpha Copper's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	0	/	( (8.387	+	4.904)	/ 2 )
=	0	/	6.6455
=	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.

Alpha Copper Total Assets Related Terms

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Alpha Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alpha Copper Corp (OTCPK:ALCUF) » Definitions » Total Assets

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Traded in Other Exchanges

PP0:Germany ALCU:Canada

Address

595 Burrard Street, Vancouver, BC, CAN, V7X 1L4

Website

https://www.alphacopper.com

Alpha Copper Corp is a Canada based company engaged in the exploration and development of mineral properties. It holds interests in the Indata project situated in north-central British Columbia on the east side of Albert Lake, Star Property, Quesnel Property, Hopper Project, and the Okeover project located on the south coast of British Columbia.