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Colossus Minerals (Colossus Minerals) Total Assets : $3.37 Mil (As of Dec. 2013)


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What is Colossus Minerals Total Assets?

Colossus Minerals's Total Assets for the quarter that ended in Dec. 2013 was $3.37 Mil.

Total Assets is connected with ROA %. Colossus Minerals's annualized ROA % for the quarter that ended in Dec. 2013 was -679.36%. Total Assets is also linked to Revenue through Asset Turnover. Colossus Minerals's Asset Turnover for the quarter that ended in Dec. 2013 was 0.00.


Colossus Minerals Total Assets Historical Data

The historical data trend for Colossus Minerals'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.

Colossus Minerals Total Assets Chart

Colossus Minerals Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13
Total Assets
Get a 7-Day Free Trial 62.21 161.19 235.23 279.64 3.37

Colossus Minerals Quarterly Data
Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 279.64 283.67 286.87 324.24 3.37

Colossus Minerals 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.

Colossus Minerals's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (A: Dec. 2013 )+Total Liabilities (A: Dec. 2013 )
=-121.128+124.501
=3.37

Colossus Minerals's Total Assets for the quarter that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (Q: Dec. 2013 )+Total Liabilities (Q: Dec. 2013 )
=-121.128+124.501
=3.37

* 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.


Colossus Minerals  (OTCPK:COLUF) Total Assets Explanation

Total Assets is connected with ROA %.

Colossus Minerals's annualized ROA % for the quarter that ended in Dec. 2013 is

ROA %=Net Income (Q: Dec. 2013 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=-1112.856/( (324.244+3.373)/ 2 )
=-1112.856/163.8085
=-679.36 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) 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.

Colossus Minerals's Asset Turnover for the quarter that ended in Dec. 2013 is

Asset Turnover
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=0/( (324.244+3.373)/ 2 )
=0/163.8085
=0.00

* 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.

Colossus Minerals Total Assets Related Terms

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Colossus Minerals (Colossus Minerals) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
Colossus Minerals Inc is a Canada-based exploration stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company's project includes Serra Pelada which is situated in the mineral prolific Carajas region near the towns of Curionopolis and Parauapebas, Para state, northern Brazil.

Colossus Minerals (Colossus Minerals) Headlines

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