EMOTF (Emerita Resources) Total Assets : $35.13 Mil (As of Dec. 2024)

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What is Emerita Resources Total Assets?

Emerita Resources's Total Assets for the quarter that ended in Dec. 2024 was $35.13 Mil.

During the past 12 months, Emerita Resources's average Total Assets Growth Rate was 1023.60% per year. During the past 3 years, the average Total Assets Growth Rate was 55.00% per year. During the past 5 years, the average Total Assets Growth Rate was 82.10% per year. During the past 10 years, the average Total Assets Growth Rate was 12.20% per year.

During the past 13 years, Emerita Resources's highest 3-Year average Total Assets Growth Rate was 730.80%. The lowest was -48.30%. And the median was 42.30%.

Total Assets is connected with ROA %. Emerita Resources's annualized ROA % for the quarter that ended in Dec. 2024 was -13.42%. Total Assets is also linked to Revenue through Asset Turnover. Emerita Resources's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Emerita Resources Total Assets Historical Data

The historical data trend for Emerita Resources'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.

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Emerita Resources Total Assets Chart

Emerita Resources Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Total Assets

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0.84

21.64

16.96

9.80

9.86

Emerita Resources 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															6.66	4.85	6.08	9.86	35.13

Emerita Resources 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.

Emerita Resources's Total Assets for the fiscal year that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (A: Sep. 2024 )	+	Total Liabilities (A: Sep. 2024 )
	=	3.889	+	5.97
	=	9.86

Emerita Resources'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 )
	=	29.663	+	5.469
	=	35.13

Emerita Resources (OTCPK:EMOTF) Total Assets Explanation

Total Assets is connected with ROA %.

Emerita Resources'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 )
	=	-3.02	/	( (9.859	+	35.132)	/ 2 )
	=	-3.02	/	22.4955
	=	-13.42 %

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.

Emerita Resources'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	/	( (9.859	+	35.132)	/ 2 )
=	0	/	22.4955
=	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.

Emerita Resources Total Assets Related Terms

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Emerita Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Emerita Resources Corp (OTCPK:EMOTF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LLJA:Germany EMO:Canada

Address

36 Lombard Street, Floor 4, Toronto, ON, CAN, M5C 2X3

Website

https://www.emeritaresources.com

Emerita Resources Corp. is a natural resource company engaged in the acquisition, exploration, research and development of prospective mining properties in the Iberian Pyrite Belt (Spain) with a focus on traditional base metals (zinc, lead and copper) and precious metals (silver and gold). The Company has a 100% interest in the Iberian Belt West (IBW) project. It also holds the Nuevo Tintillo project, both located in the Iberian Pyrite Belt in southern Spain.