Romarco Minerals (FRA:M1R) Total Assets : €473.66 Mil (As of Jun. 2015)

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What is Romarco Minerals Total Assets?

Romarco Minerals's Total Assets for the quarter that ended in Jun. 2015 was €473.66 Mil.

During the past 12 months, Romarco Minerals's average Total Assets Growth Rate was 90.80% per year. During the past 3 years, the average Total Assets Growth Rate was 24.50% per year. During the past 5 years, the average Total Assets Growth Rate was 44.70% per year. During the past 10 years, the average Total Assets Growth Rate was 80.20% per year.

During the past 13 years, Romarco Minerals's highest 3-Year average Total Assets Growth Rate was 229.40%. The lowest was -78.20%. And the median was 55.75%.

Total Assets is connected with ROA %. Romarco Minerals's annualized ROA % for the quarter that ended in Jun. 2015 was -2.90%. Total Assets is also linked to Revenue through Asset Turnover. Romarco Minerals's Asset Turnover for the quarter that ended in Jun. 2015 was 0.00.

Romarco Minerals Total Assets Historical Data

The historical data trend for Romarco 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.

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Romarco Minerals Total Assets Chart

Romarco Minerals Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Total Assets

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128.22

200.13

196.26

194.77

233.51

Romarco Minerals Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Total Assets	Get a 7-Day Free Trial															193.96	203.21	233.51	479.73	473.66

Romarco 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.

Romarco Minerals's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets	=	Total Equity (A: Dec. 2014 )	+	Total Liabilities (A: Dec. 2014 )
	=	224.587	+	8.923
	=	233.51

Romarco Minerals's Total Assets for the quarter that ended in Jun. 2015 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2015 )	+	Total Liabilities (Q: Jun. 2015 )
	=	441.875	+	31.785
	=	473.66

Romarco Minerals (FRA:M1R) Total Assets Explanation

Total Assets is connected with ROA %.

Romarco Minerals's annualized ROA % for the quarter that ended in Jun. 2015 is

ROA %	=	Net Income (Q: Jun. 2015 )	/	( (Total Assets (Q: Mar. 2015 )	+	Total Assets (Q: Jun. 2015 ))	/ count )
	=	-13.816	/	( (479.728	+	473.66)	/ 2 )
	=	-13.816	/	476.694
	=	-2.90 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) 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.

Romarco Minerals's Asset Turnover for the quarter that ended in Jun. 2015 is

	Asset Turnover
=	Revenue (Q: Jun. 2015 )	/	( (Total Assets (Q: Mar. 2015 )	+	Total Assets (Q: Jun. 2015 ))	/ count )
=	0	/	( (479.728	+	473.66)	/ 2 )
=	0	/	476.694
=	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.

Romarco Minerals Total Assets Related Terms

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Romarco Minerals (FRA:M1R) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Romarco Minerals Inc. (FRA:M1R) » Definitions » Total Assets

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Address

Website

http://www.romarco.com

Romarco Minerals Inc., was amalgamated under the laws of Ontario pursuant to the Business Corporations Act (Ontario) by Articles of Amalgamation dated July 11, 1995 pursuant to the terms of an amalgamation agreement dated May 12, 1995 between Romarco Holdings Inc. and Winstaff Ventures Ltd. It is an exploration and development stage mining company engaged in the acquisition, exploration and development of precious metals mineral properties. The Company's principal property is the Haile project in South Carolina.

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