Precious Metals and Mining Trust (Precious Metals and Mining Trust) Total Assets : $14.70 Mil (As of Dec. 2023)

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What is Precious Metals and Mining Trust Total Assets?

Precious Metals and Mining Trust's Total Assets for the quarter that ended in Dec. 2023 was $14.70 Mil.

During the past 12 months, Precious Metals and Mining Trust's average Total Assets Growth Rate was -14.10% per year. During the past 3 years, the average Total Assets Growth Rate was -17.30% per year. During the past 5 years, the average Total Assets Growth Rate was -5.90% per year. During the past 10 years, the average Total Assets Growth Rate was -8.40% per year.

During the past 13 years, Precious Metals and Mining Trust's highest 3-Year average Total Assets Growth Rate was 1674.30%. The lowest was -39.10%. And the median was -8.20%.

Total Assets is connected with ROA %. Precious Metals and Mining Trust's annualized ROA % for the quarter that ended in Dec. 2023 was -29.26%. Total Assets is also linked to Revenue through Asset Turnover. Precious Metals and Mining Trust's Asset Turnover for the quarter that ended in Dec. 2023 was -0.14.

Precious Metals and Mining Trust Total Assets Historical Data

The historical data trend for Precious Metals and Mining Trust'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.

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Precious Metals and Mining Trust Total Assets Chart

Precious Metals and Mining Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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22.05

27.84

24.12

17.09

14.70

Precious Metals and Mining Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															24.12	19.65	17.09	19.21	14.70

Precious Metals and Mining Trust 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.

Precious Metals and Mining Trust'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 )
	=	14.486	+	0.212
	=	14.70

Precious Metals and Mining Trust'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 )
	=	14.486	+	0.212
	=	14.70

Precious Metals and Mining Trust (OTCPK:PMMTF) Total Assets Explanation

Total Assets is connected with ROA %.

Precious Metals and Mining Trust's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-4.96	/	( (19.209	+	14.698)	/ 2 )
	=	-4.96	/	16.9535
	=	-29.26 %

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

Precious Metals and Mining Trust's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	-2.376	/	( (19.209	+	14.698)	/ 2 )
=	-2.376	/	16.9535
=	-0.14

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.

Precious Metals and Mining Trust Total Assets Related Terms

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Precious Metals and Mining Trust (Precious Metals and Mining Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Precious Metals and Mining Trust (OTCPK:PMMTF) » Definitions » Total Assets

Comparable Companies

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MMP.UN:Canada

Address

15 York Street, Second Floor, Toronto, ON, CAN, M5J 0A3

Website

https://www.ci.com

Precious Metals and Mining Trust is an investment trust operating in Canada. The investment objective of the company is to provide long-term capital appreciation and monthly cash distributions. The investment portfolio of the trust includes equity securities of metals and minerals mining and exploration issuers.

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