MITJF (The Mint) Total Assets: $0.04 Mil (As of Dec. 2023)


MITJF The Mint Corp MITJF
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What is The Mint Total Assets?

The Mint MITJF -99.67% 12 Total Assets is $0.04 Mil as of Dec. 2023. GuruFocus rates MITJF with a GF Score™ of 12/100.

The Mint's Total Assets for the quarter that ended in Dec. 2023 was $0.04 Mil.

Total Assets is connected with ROA %. The Mint's annualized ROA % for the quarter that ended in Dec. 2023 was -814.61%. Total Assets is also linked to Revenue through Asset Turnover. The Mint's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

The Mint  (OTCPK:MITJF) Total Assets Explanation

Total Assets is connected with ROA %.

The Mint's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-3.568/( (0.838+0.038)/ 2 )
=-3.568/0.438
=-814.61 %

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

The Mint's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (0.838+0.038)/ 2 )
=0/0.438
=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.

The Mint Total Assets Related Terms

The Mint Total Assets Historical Data

* Premium members only.

The historical data trend for The Mint'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.

The Mint Total Assets Chart

The Mint Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 2.14 1.96 0.83 0.04

The Mint Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.83 0.83 0.85 0.84 0.04
MITJF
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The Mint Corp MITJF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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The Mint 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.

The Mint's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-0.624+0.662
=0.04

The Mint's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=-0.624+0.662
=0.04

* 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 $0.04 Mil mean?
The Mint (MITJF) has a Total Assets of $0.04 Mil as of Dec. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on The Mint and its competitors.
Is The Mint's Total Assets too high?
The Mint's current Total Assets is $0.04 Mil. Overall, The Mint has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Mint's Total Assets compare to STQN and WINSF?
The Mint's Total Assets of $0.04 Mil can be compared against companies in the Credit Services 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 Credit Services company?
A good Total Assets depends on the Credit Services 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 The Mint and its competitors. The Mint's current Total Assets is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Mint stock overvalued right now?
The Mint (MITJF) has a current Total Assets of $0.04 Mil. The current Total Assets is $0.04 Mil. The Mint's overall GF Score™ is 12/100. 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 The Mint (MITJF), the current Total Assets is $0.04 Mil as of Dec. 2023. 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.

The Mint Business Description

Address 360 Bay Street, Suite 999, Toronto, ON, CAN, M5H 2V6
The Mint Corp, through its subsidiaries, is a globally certified payments company focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Group manages the issuance, administration, customer support, payment processing, and set-up and reporting of payroll cards. In addition, it also provides additional services to cardholders, including mobile airtime top-up and mobile payments. The Corporation's business operations are located principally in the Middle East and almost all of its revenue is in UAE Dirham.
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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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