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NGEx Minerals (STU:2XM) Total Assets : €35.89 Mil (As of Sep. 2024)


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What is NGEx Minerals Total Assets?

NGEx Minerals's Total Assets for the quarter that ended in Sep. 2024 was €35.89 Mil.

During the past 12 months, NGEx Minerals's average Total Assets Growth Rate was 34.60% per year. During the past 3 years, the average Total Assets Growth Rate was 13.60% per year. During the past 5 years, the average Total Assets Growth Rate was 9.90% per year.

During the past 6 years, NGEx Minerals's highest 3-Year average Total Assets Growth Rate was 19.70%. The lowest was -0.10%. And the median was 13.60%.

Total Assets is connected with ROA %. NGEx Minerals's annualized ROA % for the quarter that ended in Sep. 2024 was -68.98%. Total Assets is also linked to Revenue through Asset Turnover. NGEx Minerals's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.


NGEx Minerals Total Assets Historical Data

The historical data trend for NGEx 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.

NGEx Minerals Total Assets Chart

NGEx Minerals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 7.41 3.45 17.79 22.45 55.57

NGEx Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 61.22 55.57 47.87 40.08 35.89

NGEx 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.

NGEx 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 )
=50.216+5.348
=55.56

NGEx Minerals's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=31.981+3.909
=35.89

* 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.


NGEx Minerals  (STU:2XM) Total Assets Explanation

Total Assets is connected with ROA %.

NGEx Minerals's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-26.2/( (40.077+35.89)/ 2 )
=-26.2/37.9835
=-68.98 %

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

NGEx Minerals's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (40.077+35.89)/ 2 )
=0/37.9835
=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.

NGEx Minerals Total Assets Related Terms

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NGEx Minerals Business Description

Traded in Other Exchanges
Address
1055 Dunsmuir Street, Suite 2800, Four Bentall Centre, Po Box 49225, Vancouver, BC, CAN, V7X 1L2
NGEx Minerals Ltd is engaged in the acquisition, exploration, and development of mineral properties in South America. The reportable projects of the company are the Los Helados Project, the company's exploration projects in Argentina, other exploration projects, and the Company's corporate administration function.

NGEx Minerals Headlines

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