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IAALF (IBC Advanced Alloys) Total Assets : $21.66 Mil (As of Sep. 2024)


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What is IBC Advanced Alloys Total Assets?

IBC Advanced Alloys's Total Assets for the quarter that ended in Sep. 2024 was $21.66 Mil.

During the past 12 months, IBC Advanced Alloys's average Total Assets Growth Rate was -28.60% per year. During the past 3 years, the average Total Assets Growth Rate was 4.40% per year. During the past 5 years, the average Total Assets Growth Rate was 9.10% per year. During the past 10 years, the average Total Assets Growth Rate was 8.30% per year.

During the past 13 years, IBC Advanced Alloys's highest 3-Year average Total Assets Growth Rate was 506.80%. The lowest was -10.20%. And the median was 8.90%.

Total Assets is connected with ROA %. IBC Advanced Alloys's annualized ROA % for the quarter that ended in Sep. 2024 was -21.04%. Total Assets is also linked to Revenue through Asset Turnover. IBC Advanced Alloys's Asset Turnover for the quarter that ended in Sep. 2024 was 0.21.


IBC Advanced Alloys Total Assets Historical Data

The historical data trend for IBC Advanced Alloys'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.

IBC Advanced Alloys Total Assets Chart

IBC Advanced Alloys Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.28 25.18 27.65 28.32 24.54

IBC Advanced Alloys Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.08 27.81 27.82 24.54 21.66

IBC Advanced Alloys 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.

IBC Advanced Alloys's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=5.287+19.25
=24.54

IBC Advanced Alloys's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=4.065+17.59
=21.66

* 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.


IBC Advanced Alloys  (OTCPK:IAALF) Total Assets Explanation

Total Assets is connected with ROA %.

IBC Advanced Alloys's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-4.86/( (24.537+21.655)/ 2 )
=-4.86/23.096
=-21.04 %

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

IBC Advanced Alloys's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=4.899/( (24.537+21.655)/ 2 )
=4.899/23.096
=0.21

* 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.

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.

IBC Advanced Alloys Total Assets Related Terms

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IBC Advanced Alloys Business Description

Traded in Other Exchanges
Address
401 Arvin Road, Franklin, IN, USA, 46131-1549
IBC Advanced Alloys Corp is engaged in the production and development of specialty alloy products. Its product profile includes Beryllium Products, Beryllium Master Alloys, Thermal Mold Super, Copper Alloy Products, Copper Alloy Fabricated Shapes and Tolling Services, and Metallurgical Consulting. It operates through two reportable segments namely Copper Alloys and Corporate. The company generates the majority of its revenue from Copper Alloys.