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NTMFF (Neotech Metals) Total Assets : $5.23 Mil (As of Dec. 2024)


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What is Neotech Metals Total Assets?

Neotech Metals's Total Assets for the quarter that ended in Dec. 2024 was $5.23 Mil.

During the past 12 months, Neotech Metals's average Total Assets Growth Rate was 70.90% per year.

Total Assets is connected with ROA %. Neotech Metals's annualized ROA % for the quarter that ended in Dec. 2024 was 7.13%. Total Assets is also linked to Revenue through Asset Turnover. Neotech Metals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Neotech Metals Total Assets Historical Data

The historical data trend for Neotech Metals'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.

Neotech Metals Total Assets Chart

Neotech Metals Annual Data
Trend Jun22 Jun23 Jun24
Total Assets
0.33 0.30 4.40

Neotech Metals Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.12 4.03 4.40 5.10 5.23

Neotech Metals 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.

Neotech Metals'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 )
=3.33+1.073
=4.40

Neotech Metals's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=4.468+0.763
=5.23

* 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.

Neotech Metals  (OTCPK:NTMFF) Total Assets Explanation

Total Assets is connected with ROA %.

Neotech Metals's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.368/( (5.096+5.231)/ 2 )
=0.368/5.1635
=7.13 %

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

Neotech Metals's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (5.096+5.231)/ 2 )
=0/5.1635
=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.

Neotech Metals Total Assets Related Terms

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Neotech Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Neotech Metals Corp (OTCPK:NTMFF) » Definitions » Total Assets
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Traded in Other Exchanges
V690:Germany NTMC:Canada
Address
333 Terminal Avenue, Suite 220, Vancouver, BC, CAN, V6A 4C1
Website
https://www.neotechmetals.com
Neotech Metals Corp is an exploration company. It is focused on the exploration of the EBB Nickel-Cobalt property. The property comprises three contiguous mining claims covering approximately 2,199.74 hectares near Port Renfrew, BC. The Company has one operating segment, being the acquisition, exploration and evaluation of mineral resource properties in Canada.