GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Plata Latina Minerals Corp (OTCPK:PLLMF) » Definitions » Total Assets

Plata Latina Minerals (Plata Latina Minerals) Total Assets : $0.29 Mil (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Plata Latina Minerals Total Assets?

Plata Latina Minerals's Total Assets for the quarter that ended in Mar. 2024 was $0.29 Mil.

During the past 12 months, Plata Latina Minerals's average Total Assets Growth Rate was -44.40% per year. During the past 3 years, the average Total Assets Growth Rate was 7.20% per year. During the past 5 years, the average Total Assets Growth Rate was -64.40% per year. During the past 10 years, the average Total Assets Growth Rate was -57.20% per year.

During the past 13 years, Plata Latina Minerals's highest 3-Year average Total Assets Growth Rate was 716.90%. The lowest was -82.60%. And the median was -34.20%.

Total Assets is connected with ROA %. Plata Latina Minerals's annualized ROA % for the quarter that ended in Mar. 2024 was 98.46%. Total Assets is also linked to Revenue through Asset Turnover. Plata Latina Minerals's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


Plata Latina Minerals Total Assets Historical Data

The historical data trend for Plata Latina 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.

* Premium members only.

Plata Latina Minerals Total Assets Chart

Plata Latina Minerals 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 0.57 0.34 0.30 0.26 0.23

Plata Latina Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.32 0.29 0.26 0.23 0.29

Plata Latina 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.

Plata Latina Minerals'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 )
=0.212+0.016
=0.23

Plata Latina Minerals's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=0.286+0.004
=0.29

* 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.


Plata Latina Minerals  (OTCPK:PLLMF) Total Assets Explanation

Total Assets is connected with ROA %.

Plata Latina Minerals's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0.256/( (0.23+0.29)/ 2 )
=0.256/0.26
=98.46 %

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

Plata Latina Minerals's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (0.23+0.29)/ 2 )
=0/0.26
=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.

Plata Latina Minerals Total Assets Related Terms

Thank you for viewing the detailed overview of Plata Latina Minerals's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Plata Latina Minerals (Plata Latina Minerals) Business Description

Traded in Other Exchanges
Address
1100 - 1111 Melville Street, Vancouver, BC, CAN, V6E 3V6
Plata Latina Minerals Corp is a Canadian exploration company. It is engaged in the business of acquiring, exploring and evaluating mineral property assets, principally in Mexico. The company held interests in the some of Mexican mineral properties such as Naranjillo, Vaquerias, Palo Alto and La Joya.

Plata Latina Minerals (Plata Latina Minerals) Headlines

No Headlines