Oroco Resource (FRA:OR6) Total Assets : €57.56 Mil (As of Feb. 2024)

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What is Oroco Resource Total Assets?

Oroco Resource's Total Assets for the quarter that ended in Feb. 2024 was €57.56 Mil.

During the past 12 months, Oroco Resource's average Total Assets Growth Rate was 19.70% per year. During the past 3 years, the average Total Assets Growth Rate was 156.20% per year. During the past 5 years, the average Total Assets Growth Rate was 124.70% per year. During the past 10 years, the average Total Assets Growth Rate was 16.10% per year.

During the past 13 years, Oroco Resource's highest 3-Year average Total Assets Growth Rate was 159.40%. The lowest was -36.60%. And the median was 5.50%.

Total Assets is connected with ROA %. Oroco Resource's annualized ROA % for the quarter that ended in Feb. 2024 was -5.05%. Total Assets is also linked to Revenue through Asset Turnover. Oroco Resource's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.

Oroco Resource Total Assets Historical Data

The historical data trend for Oroco Resource'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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Oroco Resource Total Assets Chart

Oroco Resource Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Total Assets

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1.94

2.48

18.71

37.28

57.08

Oroco Resource Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial															56.20	-	55.06	56.20	57.56

Oroco Resource 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.

Oroco Resource's Total Assets for the fiscal year that ended in May. 2022 is calculated as

Total Assets	=	Total Equity (A: May. 2022 )	+	Total Liabilities (A: May. 2022 )
	=	54.07	+	3.014
	=	57.08

Oroco Resource's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	56.072	+	1.491
	=	57.56

Oroco Resource (FRA:OR6) Total Assets Explanation

Total Assets is connected with ROA %.

Oroco Resource's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	-2.872	/	( (56.203	+	57.563)	/ 2 )
	=	-2.872	/	56.883
	=	-5.05 %

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

Oroco Resource's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	0	/	( (56.203	+	57.563)	/ 2 )
=	0	/	56.883
=	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.

Oroco Resource Total Assets Related Terms

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Oroco Resource (FRA:OR6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oroco Resource Corp (FRA:OR6) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ORRCF:USA OR6:Germany OCO:Canada

Address

1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3

Website

https://www.orocoresourcecorp.com

Oroco Resource Corp is an exploration-stage mineral company engaged in the acquisition, exploration, and development of mineral properties in Mexico with a primary focus on its Xochipala property in Guerrero State, Mexico. Its exploration and evaluation assets consist of the Santo Tomas properties in Sinaloa State and Xochipala & Salvador properties in Guerrero State, Mexico.

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