ICMFF (Iconic Minerals) Total Assets: $3.07 Mil (As of Feb. 2026)


What is Iconic Minerals Total Assets?

Iconic Minerals ICMFF +1.91% Total Assets is $3.07 Mil as of Feb. 2026. The stock has 1 warning sign investors should review.

Iconic Minerals's Total Assets for the quarter that ended in Feb. 2026 was $3.07 Mil.

During the past 12 months, Iconic Minerals's average Total Assets Growth Rate was -12.40% per year. During the past 3 years, the average Total Assets Growth Rate was -45.10% per year. During the past 5 years, the average Total Assets Growth Rate was -26.60% per year. During the past 10 years, the average Total Assets Growth Rate was -7.80% per year.

During the past 13 years, Iconic Minerals's highest 3-Year average Total Assets Growth Rate was 385.40%. The lowest was -45.10%. And the median was -4.55%.

Total Assets is connected with ROA %. Iconic Minerals's annualized ROA % for the quarter that ended in Feb. 2026 was -27.05%. Total Assets is also linked to Revenue through Asset Turnover. Iconic Minerals's Asset Turnover for the quarter that ended in Feb. 2026 was 0.00.

Iconic Minerals  (OTCPK:ICMFF) Total Assets Explanation

Total Assets is connected with ROA %.

Iconic Minerals's annualized ROA % for the quarter that ended in Feb. 2026 is

ROA %=Net Income (Q: Feb. 2026 )/( (Total Assets (Q: Nov. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=-0.576/( (1.187+3.071)/ 2 )
=-0.576/2.129
=-27.05 %

Note: The Net Income data used here is four times the quarterly (Feb. 2026) 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.

Iconic Minerals's Asset Turnover for the quarter that ended in Feb. 2026 is

Asset Turnover
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Nov. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=0/( (1.187+3.071)/ 2 )
=0/2.129
=0.00

* 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.

Iconic Minerals Total Assets Related Terms

Iconic Minerals Total Assets Historical Data

* Premium members only.

The historical data trend for Iconic 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.

Iconic Minerals Total Assets Chart

Iconic Minerals Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 6.98 2.91 1.32 1.29

Iconic Minerals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.57 1.44 1.29 1.19 3.07

Iconic 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.

Iconic Minerals's Total Assets for the fiscal year that ended in Aug. 2025 is calculated as

Total Assets=Total Equity (A: Aug. 2025 )+Total Liabilities (A: Aug. 2025 )
=0.262+1.031
=1.29

Iconic Minerals's Total Assets for the quarter that ended in Feb. 2026 is calculated as

Total Assets=Total Equity (Q: Feb. 2026 )+Total Liabilities (Q: Feb. 2026 )
=2.57+0.5
=3.07

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $3.07 Mil mean?
Iconic Minerals (ICMFF) has a Total Assets of $3.07 Mil as of Feb. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Iconic Minerals and its competitors.
Is Iconic Minerals' Total Assets too high?
Iconic Minerals' current Total Assets is $3.07 Mil.
How does Iconic Minerals' Total Assets compare to NEM and AU?
Iconic Minerals' Total Assets of $3.07 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Iconic Minerals and its competitors. Iconic Minerals's current Total Assets is $3.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iconic Minerals stock overvalued right now?
Iconic Minerals (ICMFF) has a current Total Assets of $3.07 Mil. The current Total Assets is $3.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Iconic Minerals (ICMFF), the current Total Assets is $3.07 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Iconic Minerals Business Description

Other Exchanges YQG:GermanyICM:Canada
Address 303 - 595 Howe Street, P.O. Box 4, Vancouver, BC, CAN, V6C 2T5
Iconic Minerals Ltd is a mineral exploration company. It mainly focuses on acquiring and exploring gold and lithium properties in Nevada. The exploration assets of the company include New Pass property located in Churchill County; Midas South property located in Elko County; Bonnie Claire Lithium Project located in Nye County; Smith Creek Lithium Project and others.