Euro Manganese (FRA:E06) Total Assets : €30.94 Mil (As of Jun. 2024)

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What is Euro Manganese Total Assets?

Euro Manganese's Total Assets for the quarter that ended in Jun. 2024 was €30.94 Mil.

During the past 12 months, Euro Manganese's average Total Assets Growth Rate was 53.40% per year. During the past 3 years, the average Total Assets Growth Rate was 86.60% per year. During the past 5 years, the average Total Assets Growth Rate was 68.60% per year.

During the past 6 years, Euro Manganese's highest 3-Year average Total Assets Growth Rate was 86.60%. The lowest was 28.20%. And the median was 85.30%.

Total Assets is connected with ROA %. Euro Manganese's annualized ROA % for the quarter that ended in Jun. 2024 was -35.94%. Total Assets is also linked to Revenue through Asset Turnover. Euro Manganese's Asset Turnover for the quarter that ended in Jun. 2024 was 0.03.

Euro Manganese Total Assets Historical Data

The historical data trend for Euro Manganese'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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Euro Manganese Total Assets Chart

Euro Manganese Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Total Assets

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8.07

4.74

3.73

29.07

30.21

Euro Manganese Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															23.86	22.65	37.75	35.29	30.94

Euro Manganese 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.

Euro Manganese's Total Assets for the fiscal year that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (A: Sep. 2022 )	+	Total Liabilities (A: Sep. 2022 )
	=	28.235	+	1.973
	=	30.21

Euro Manganese'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 )
	=	10.099	+	20.838
	=	30.94

Euro Manganese (FRA:E06) Total Assets Explanation

Total Assets is connected with ROA %.

Euro Manganese'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 )
	=	-11.9	/	( (35.287	+	30.937)	/ 2 )
	=	-11.9	/	33.112
	=	-35.94 %

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.

Euro Manganese'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 )
=	0.891	/	( (35.287	+	30.937)	/ 2 )
=	0.891	/	33.112
=	0.03

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.

Euro Manganese Total Assets Related Terms

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Euro Manganese Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Euro Manganese Inc (FRA:E06) » Definitions » Total Assets

Comparable Companies

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EUMNF:USA EMN:Canada EMN:Australia

Address

700 West Pender Street, Suite 709, Vancouver, BC, CAN, V6C 1G8

Website

https://www.mn25.ca

Euro Manganese Inc is a Canada-based mineral exploration company. It is mainly engaged in the evaluation and development of the Chvaletice manganese project for the production of high-purity electrolytic manganese metal and high-purity manganese sulphate monohydrate ("HPMSM") and other high-purity manganese products.

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