Andrada Mining (LSE:ATM) Total Assets : £50.73 Mil (As of Aug. 2023)

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What is Andrada Mining Total Assets?

Andrada Mining's Total Assets for the quarter that ended in Aug. 2023 was £50.73 Mil.

During the past 12 months, Andrada Mining's average Total Assets Growth Rate was 18.30% per year. During the past 3 years, the average Total Assets Growth Rate was 23.60% per year. During the past 5 years, the average Total Assets Growth Rate was 37.20% per year.

During the past 9 years, Andrada Mining's highest 3-Year average Total Assets Growth Rate was 44.60%. The lowest was 16.10%. And the median was 34.45%.

Total Assets is connected with ROA %. Andrada Mining's annualized ROA % for the quarter that ended in Aug. 2023 was -11.23%. Total Assets is also linked to Revenue through Asset Turnover. Andrada Mining's Asset Turnover for the quarter that ended in Aug. 2023 was 0.18.

Andrada Mining Total Assets Historical Data

The historical data trend for Andrada Mining'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.

Andrada Mining Total Assets Chart

Andrada Mining Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Total Assets

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15.08

21.38

22.41

37.07

47.47

Andrada Mining Semi-Annual Data
	Feb15	Feb16	Feb17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Total Assets	Get a 7-Day Free Trial										30.15	37.07	38.89	47.47	50.73

Andrada Mining 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.

Andrada Mining's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets	=	Total Equity (A: Feb. 2023 )	+	Total Liabilities (A: Feb. 2023 )
	=	35.669	+	11.799
	=	47.47

Andrada Mining's Total Assets for the quarter that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2023 )	+	Total Liabilities (Q: Aug. 2023 )
	=	35.588	+	15.14
	=	50.73

Andrada Mining (LSE:ATM) Total Assets Explanation

Total Assets is connected with ROA %.

Andrada Mining's annualized ROA % for the quarter that ended in Aug. 2023 is

ROA %	=	Net Income (Q: Aug. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
	=	-5.512	/	( (47.468	+	50.728)	/ 2 )
	=	-5.512	/	49.098
	=	-11.23 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2023) 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.

Andrada Mining's Asset Turnover for the quarter that ended in Aug. 2023 is

	Asset Turnover
=	Revenue (Q: Aug. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
=	8.847	/	( (47.468	+	50.728)	/ 2 )
=	8.847	/	49.098
=	0.18

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.

Andrada Mining Total Assets Related Terms

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Andrada Mining (LSE:ATM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andrada Mining Ltd (LSE:ATM) » Definitions » Total Assets

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9IA:Germany

Address

Oak House, Hirzel Street, P.O. Box 282, Saint Peter Port, GGY, GY1 3RH

Website

https://www.andradamining.com

Andrada Mining Ltd is a Guernsey-based mining company. The company's geographical segments include South Africa and Namibia. The company's project consists of the Uis Tin project and Mokopane Tin project. It derives a majority of its revenue from the Namibia region. The company's asset includes Lithium Ridge (Nai-Nais), Spodumene Hill, Brandberg West.

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