CMC Metals (CMC Metals) Total Assets : $0.68 Mil (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is CMC Metals Total Assets?

CMC Metals's Total Assets for the quarter that ended in Dec. 2023 was $0.68 Mil.

During the past 12 months, CMC Metals's average Total Assets Growth Rate was -10.10% per year. During the past 3 years, the average Total Assets Growth Rate was 24.20% per year. During the past 5 years, the average Total Assets Growth Rate was 25.10% per year. During the past 10 years, the average Total Assets Growth Rate was -12.80% per year.

During the past 13 years, CMC Metals's highest 3-Year average Total Assets Growth Rate was 1122.40%. The lowest was -86.00%. And the median was 9.90%.

Total Assets is connected with ROA %. CMC Metals's annualized ROA % for the quarter that ended in Dec. 2023 was 342.69%. Total Assets is also linked to Revenue through Asset Turnover. CMC Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

CMC Metals Total Assets Historical Data

The historical data trend for CMC Metals'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.

CMC Metals Total Assets Chart

CMC Metals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

Get a 7-Day Free Trial

0.49

0.53

0.80

1.28

0.70

CMC Metals 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															2.37	1.95	1.46	0.70	0.68

CMC Metals 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.

CMC Metals'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 )
	=	-0.446	+	1.146
	=	0.70

CMC Metals'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 )
	=	0.332	+	0.351
	=	0.68

CMC Metals (OTCPK:CMCXF) Total Assets Explanation

Total Assets is connected with ROA %.

CMC Metals'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 )
	=	2.368	/	( (0.699	+	0.683)	/ 2 )
	=	2.368	/	0.691
	=	342.69 %

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.

CMC Metals'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 )
=	0	/	( (0.699	+	0.683)	/ 2 )
=	0	/	0.691
=	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.

CMC Metals Total Assets Related Terms

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

CMC Metals (CMC Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CMC Metals Ltd (OTCPK:CMCXF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ZM5P:Germany CMB:Canada

Address

409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cmcmetals.ca

CMC Metals Ltd is a Canadian-based exploration company. It is engaged in the acquisition and exploration of mineral properties in Canada and the United States of America. Its project portfolio includes Silver Hart Property; Blue Heaven; Rancheria; Silverknife Property; Bridal Veil; Terra Nova; Logjam and Bishop Mill.