Ubique Minerals (FRA:2UM) Total Assets : €1.61 Mil (As of Apr. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Ubique Minerals Total Assets?

Ubique Minerals's Total Assets for the quarter that ended in Apr. 2024 was €1.61 Mil.

During the past 12 months, Ubique Minerals's average Total Assets Growth Rate was 18.10% per year. During the past 3 years, the average Total Assets Growth Rate was 49.80% per year. During the past 5 years, the average Total Assets Growth Rate was 47.20% per year.

During the past 7 years, Ubique Minerals's highest 3-Year average Total Assets Growth Rate was 50.40%. The lowest was 34.20%. And the median was 44.55%.

Total Assets is connected with ROA %. Ubique Minerals's annualized ROA % for the quarter that ended in Apr. 2024 was -14.19%. Total Assets is also linked to Revenue through Asset Turnover. Ubique Minerals's Asset Turnover for the quarter that ended in Apr. 2024 was 0.00.

Ubique Minerals Total Assets Historical Data

The historical data trend for Ubique 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.

Ubique Minerals Total Assets Chart

Ubique Minerals Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

Get a 7-Day Free Trial

0.37

0.42

0.80

1.42

1.54

Ubique Minerals Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Total Assets	Get a 7-Day Free Trial															1.42	1.54	1.59	1.61	1.61

Ubique 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.

Ubique Minerals's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	1.081	+	0.461
	=	1.54

Ubique Minerals's Total Assets for the quarter that ended in Apr. 2024 is calculated as

Total Assets	=	Total Equity (Q: Apr. 2024 )	+	Total Liabilities (Q: Apr. 2024 )
	=	1.153	+	0.456
	=	1.61

Ubique Minerals (FRA:2UM) Total Assets Explanation

Total Assets is connected with ROA %.

Ubique Minerals's annualized ROA % for the quarter that ended in Apr. 2024 is

ROA %	=	Net Income (Q: Apr. 2024 )	/	( (Total Assets (Q: Jan. 2024 )	+	Total Assets (Q: Apr. 2024 ))	/ count )
	=	-0.228	/	( (1.605	+	1.609)	/ 2 )
	=	-0.228	/	1.607
	=	-14.19 %

Note: The Net Income data used here is four times the quarterly (Apr. 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.

Ubique Minerals's Asset Turnover for the quarter that ended in Apr. 2024 is

	Asset Turnover
=	Revenue (Q: Apr. 2024 )	/	( (Total Assets (Q: Jan. 2024 )	+	Total Assets (Q: Apr. 2024 ))	/ count )
=	0	/	( (1.605	+	1.609)	/ 2 )
=	0	/	1.607
=	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.

Ubique Minerals Total Assets Related Terms

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

Ubique Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ubique Minerals Ltd (FRA:2UM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.ubiqueminerals.com

Ubique Minerals Ltd is engaged in the acquisition and evaluation of mineral exploration assets and it is in the exploration stage. The company is focused on the exploration of Daniel's Harbour zinc property in Newfoundland and Labrador, Namibia, Africa.

Ubique Minerals Headlines

No Headlines