PPX Mining (FRA:39S) Total Assets : €8.38 Mil (As of Jun. 2024)

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What is PPX Mining Total Assets?

PPX Mining's Total Assets for the quarter that ended in Jun. 2024 was €8.38 Mil.

During the past 12 months, PPX Mining's average Total Assets Growth Rate was 1.10% per year. During the past 3 years, the average Total Assets Growth Rate was -3.90% per year. During the past 5 years, the average Total Assets Growth Rate was -2.90% per year. During the past 10 years, the average Total Assets Growth Rate was 38.70% per year.

During the past 13 years, PPX Mining's highest 3-Year average Total Assets Growth Rate was 760.80%. The lowest was -82.80%. And the median was 13.80%.

Total Assets is connected with ROA %. PPX Mining's annualized ROA % for the quarter that ended in Jun. 2024 was -59.25%. Total Assets is also linked to Revenue through Asset Turnover. PPX Mining's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

PPX Mining Total Assets Historical Data

The historical data trend for PPX 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.

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PPX Mining Total Assets Chart

PPX Mining Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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9.37

8.57

6.95

8.91

8.74

PPX Mining Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															8.77	8.74	8.42	7.85	8.38

PPX 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.

PPX Mining's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	1.126	+	7.614
	=	8.74

PPX Mining's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	-0.576	+	8.954
	=	8.38

PPX Mining (FRA:39S) Total Assets Explanation

Total Assets is connected with ROA %.

PPX Mining's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-4.808	/	( (7.851	+	8.378)	/ 2 )
	=	-4.808	/	8.1145
	=	-59.25 %

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

PPX Mining's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	0	/	( (7.851	+	8.378)	/ 2 )
=	0	/	8.1145
=	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.

PPX Mining Total Assets Related Terms

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PPX Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PPX Mining Corp (FRA:39S) » Definitions » Total Assets

Comparable Companies

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SNNGF:USA PPX:Peru PPX:Canada

Address

82 Richmond Street East, Toronto, ON, CAN, M5C 1P1

Website

https://www.ppxmining.com

PPX Mining Corp is a Canadian company. It is in the business of acquiring, exploring and evaluating mineral properties in areas which is a relatively high potential for mining success. The company is also involved in developing or joint venturing of mineral properties or disposing these properties when the evaluation is completed. It mainly focuses on mining activities which are on a long-term basis. The company is in the process of exploring mineral properties in Peru. It owns a gold and silver project, Igor which is located in the Northern Peru gold belt.

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