IAUFF (AIC Mines) Total Assets : $177.1 Mil (As of Jun. 2024)

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What is AIC Mines Total Assets?

AIC Mines's Total Assets for the quarter that ended in Jun. 2024 was $177.1 Mil.

During the past 12 months, AIC Mines's average Total Assets Growth Rate was 14.20% per year. During the past 3 years, the average Total Assets Growth Rate was 326.90% per year. During the past 5 years, the average Total Assets Growth Rate was 165.40% per year. During the past 10 years, the average Total Assets Growth Rate was 24.60% per year.

During the past 13 years, AIC Mines's highest 3-Year average Total Assets Growth Rate was 1199.90%. The lowest was -86.90%. And the median was 12.60%.

Total Assets is connected with ROA %. AIC Mines's annualized ROA % for the quarter that ended in Jun. 2024 was 4.64%. Total Assets is also linked to Revenue through Asset Turnover. AIC Mines's Asset Turnover for the quarter that ended in Jun. 2024 was 0.39.

AIC Mines Total Assets Historical Data

The historical data trend for AIC Mines'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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AIC Mines Total Assets Chart

AIC Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun23

Jun24

Total Assets

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8.20

7.48

67.50

130.67

177.15

AIC Mines Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															86.90	110.26	130.67	135.48	177.15

AIC Mines 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.

AIC Mines'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 )
	=	145.494	+	31.655
	=	177.1

AIC Mines'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 )
	=	145.494	+	31.655
	=	177.1

AIC Mines (OTCPK:IAUFF) Total Assets Explanation

Total Assets is connected with ROA %.

AIC Mines's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	7.258	/	( (135.479	+	177.149)	/ 2 )
	=	7.258	/	156.314
	=	4.64 %

Note: The Net Income data used here is two times the semi-annual (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.

AIC Mines's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	60.724	/	( (135.479	+	177.149)	/ 2 )
=	60.724	/	156.314
=	0.39

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.

AIC Mines Total Assets Related Terms

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AIC Mines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AIC Mines Ltd (OTCPK:IAUFF) » Definitions » Total Assets

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HLS:Germany HLS:Germany A1M:Australia

Address

130 Hay Street, Suite 3, Subiaco, Perth, WA, AUS, 6008

Website

https://www.aicmines.com.au

AIC Mines Ltd is engaged in an exploration of gold and copper deposits. It holds an interest in the Marymia Project and Lamil Project. The company operates in one geographical area being Australia and two operating segments being mining and exploration and corporate activities.