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Franklin Mining (Franklin Mining) Total Assets : $0.15 Mil (As of Sep. 2002)


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What is Franklin Mining Total Assets?

Franklin Mining's Total Assets for the quarter that ended in Sep. 2002 was $0.15 Mil.

Total Assets is connected with ROA %. Franklin Mining's annualized ROA % for the quarter that ended in Sep. 2002 was -63.67%. Total Assets is also linked to Revenue through Asset Turnover. Franklin Mining's Asset Turnover for the quarter that ended in Sep. 2002 was 0.00.


Franklin Mining Total Assets Historical Data

The historical data trend for Franklin 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.

Franklin Mining Total Assets Chart

Franklin Mining Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.90 4.94 4.76 0.14 0.14

Franklin Mining Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
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 - 0.14 0.14 0.14 0.15

Franklin 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.

Franklin Mining's Total Assets for the fiscal year that ended in Dec. 2001 is calculated as

Total Assets=Total Equity (A: Dec. 2001 )+Total Liabilities (A: Dec. 2001 )
=-2.501+2.644
=0.14

Franklin Mining's Total Assets for the quarter that ended in Sep. 2002 is calculated as

Total Assets=Total Equity (Q: Sep. 2002 )+Total Liabilities (Q: Sep. 2002 )
=-2.585+2.729
=0.14

* 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.


Franklin Mining  (OTCPK:FMNJ) Total Assets Explanation

Total Assets is connected with ROA %.

Franklin Mining's annualized ROA % for the quarter that ended in Sep. 2002 is

ROA %=Net Income (Q: Sep. 2002 )/( (Total Assets (Q: Jun. 2002 )+Total Assets (Q: Sep. 2002 ))/ count )
=-0.092/( (0.144+0.145)/ 2 )
=-0.092/0.1445
=-63.67 %

Note: The Net Income data used here is four times the quarterly (Sep. 2002) 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.

Franklin Mining's Asset Turnover for the quarter that ended in Sep. 2002 is

Asset Turnover
=Revenue (Q: Sep. 2002 )/( (Total Assets (Q: Jun. 2002 )+Total Assets (Q: Sep. 2002 ))/ count )
=0/( (0.144+0.145)/ 2 )
=0/0.1445
=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.

Franklin Mining Total Assets Related Terms

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Franklin Mining (Franklin Mining) Business Description

Traded in Other Exchanges
N/A
Address
215 west Bandera Road, Suite 114-459, Boerne, TX, USA, 78006
Franklin Mining Inc is engaged in the exploration, development, and mining of precious and non-ferrous metals, including gold, silver, lead, copper, and zinc. Its principal mining properties are Franklin Mines, located near Idaho Springs in clear creek country, Colorado, and the Franklin Mill, located on the site of Franklin Mines.

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