DMIFF (Diamcor Mining) Total Assets: $2.97 Mil (As of Dec. 2024)


DMIFF Diamcor Mining Inc DMIFF
18 GF Score
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What is Diamcor Mining Total Assets?

Diamcor Mining DMIFF 18 Total Assets is $2.97 Mil as of Dec. 2024. GuruFocus rates DMIFF with a GF Score™ of 18/100.

Diamcor Mining's Total Assets for the quarter that ended in Dec. 2024 was $2.97 Mil.

Total Assets is connected with ROA %. Diamcor Mining's annualized ROA % for the quarter that ended in Dec. 2024 was 225.92%. Total Assets is also linked to Revenue through Asset Turnover. Diamcor Mining's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Diamcor Mining  (OTCPK:DMIFF) Total Assets Explanation

Total Assets is connected with ROA %.

Diamcor 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 )
=7.06/( (3.284+2.966)/ 2 )
=7.06/3.125
=225.92 %

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.

Diamcor 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 )
=0/( (3.284+2.966)/ 2 )
=0/3.125
=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.

Diamcor Mining Total Assets Related Terms

Diamcor Mining Total Assets Historical Data

* Premium members only.

The historical data trend for Diamcor 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.

Diamcor Mining Total Assets Chart

Diamcor Mining Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.46 7.28 7.11 5.86 3.01

Diamcor 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 3.96 3.01 3.18 3.28 2.97
DMIFF
18GF Score
Diamcor Mining Inc DMIFF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Diamcor 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.

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

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=-6.695+9.7
=3.01

Diamcor 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 )
=-4.608+7.574
=2.97

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $2.97 Mil mean?
Diamcor Mining (DMIFF) has a Total Assets of $2.97 Mil as of Dec. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Diamcor Mining and its competitors.
Is Diamcor Mining's Total Assets too high?
Diamcor Mining's current Total Assets is $2.97 Mil. Overall, Diamcor Mining has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Diamcor Mining's Total Assets compare to AUMN and HL?
Diamcor Mining's Total Assets of $2.97 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Diamcor Mining and its competitors. Diamcor Mining's current Total Assets is $2.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamcor Mining stock overvalued right now?
Diamcor Mining (DMIFF) has a current Total Assets of $2.97 Mil. The current Total Assets is $2.97 Mil. Diamcor Mining's overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Diamcor Mining (DMIFF), the current Total Assets is $2.97 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Diamcor Mining Business Description

Address 1620 Dickson Avenue, Suite 630, Kelowna, BC, CAN, V1Y 9Y2
Diamcor Mining Inc is a mining and exploration company. It is engaged in the identification, acquisition, exploration, evaluation, operation, and advancement of diamond-based resource properties with a specific focus on the mining segment of the diamond industry through its subsidiaries. Some of its projects include the Krone-Endora at Venetia project. Geographically, it operates in Canada and South Africa.
18GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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