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ARMN (Aris Mining) Total Assets : $1,994.5 Mil (As of Dec. 2024)


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What is Aris Mining Total Assets?

Aris Mining's Total Assets for the quarter that ended in Dec. 2024 was $1,994.5 Mil.

During the past 12 months, Aris Mining's average Total Assets Growth Rate was 59.70% per year. During the past 3 years, the average Total Assets Growth Rate was 42.20% per year. During the past 5 years, the average Total Assets Growth Rate was 43.00% per year. During the past 10 years, the average Total Assets Growth Rate was 15.60% per year.

During the past 13 years, Aris Mining's highest 3-Year average Total Assets Growth Rate was 8198.00%. The lowest was -69.80%. And the median was 14.50%.

Total Assets is connected with ROA %. Aris Mining's annualized ROA % for the quarter that ended in Dec. 2024 was 4.54%. Total Assets is also linked to Revenue through Asset Turnover. Aris Mining's Asset Turnover for the quarter that ended in Dec. 2024 was 0.08.


Aris Mining Total Assets Historical Data

The historical data trend for Aris 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.

Aris Mining Total Assets Chart

Aris Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 650.57 998.39 1,242.12 1,352.87 1,994.50

Aris Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,352.87 1,353.27 1,810.13 1,828.92 1,994.50

Aris 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.

Aris Mining's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1083.107+911.397
=1,994.5

Aris Mining's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=1083.107+911.397
=1,994.5

* 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.


Aris Mining  (AMEX:ARMN) Total Assets Explanation

Total Assets is connected with ROA %.

Aris Mining's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=86.744/( (1828.921+1994.504)/ 2 )
=86.744/1911.7125
=4.54 %

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

Aris Mining's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=151.076/( (1828.921+1994.504)/ 2 )
=151.076/1911.7125
=0.08

* 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.

Aris Mining Total Assets Related Terms

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Aris Mining Business Description

Traded in Other Exchanges
Address
1021 W Hastings Street, Suite 2400, Vancouver, BC, CAN, V6E 0C3
Aris Mining Corp is engaged in the acquisition, exploration, development, and operation of gold properties in Colombia, Guyana, and Canada. It owns and operates its Segovia Operations, Soto Norte Project and Marmato Mine in Colombia, the Toroparu Project in Guyana, and the Juby Project in Ontario, Canada. The company generates revenue from the sale of gold and silver.
Executives
Mmcap International Inc. Spc 10 percent owner C/O MOURANT GOVERNANCE SVCS (CAYMAN) LTD, 94 SOLARIS AVE., CAMANA BAY, PO BOX 1348, GRAND CAYMAN E9 KY1-1108
Mm Asset Management Inc. 10 percent owner 161 BAY STREET, TD TRUST TOWER SUITE 2240, TORONTO A6 M5J 2S1