Adventus Mining (STU:AZC) Total Assets : €146.43 Mil (As of Dec. 2023)

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What is Adventus Mining Total Assets?

Adventus Mining's Total Assets for the quarter that ended in Dec. 2023 was €146.43 Mil.

During the past 12 months, Adventus Mining's average Total Assets Growth Rate was 26.10% per year. During the past 3 years, the average Total Assets Growth Rate was 55.60% per year. During the past 5 years, the average Total Assets Growth Rate was 58.70% per year.

During the past 8 years, Adventus Mining's highest 3-Year average Total Assets Growth Rate was 194.80%. The lowest was 55.60%. And the median was 73.80%.

Total Assets is connected with ROA %. Adventus Mining's annualized ROA % for the quarter that ended in Dec. 2023 was -16.85%. Total Assets is also linked to Revenue through Asset Turnover. Adventus Mining's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Adventus Mining Total Assets Historical Data

The historical data trend for Adventus Mining'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.

Adventus Mining Total Assets Chart

Adventus Mining Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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35.89

53.86

86.90

128.11

146.43

Adventus Mining Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															124.62	128.11	130.12	139.09	146.43

Adventus Mining 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.

Adventus Mining'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 )
	=	102.134	+	44.292
	=	146.43

Adventus Mining'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 )
	=	102.134	+	44.292
	=	146.43

Adventus Mining (STU:AZC) Total Assets Explanation

Total Assets is connected with ROA %.

Adventus Mining'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 )
	=	-24.056	/	( (139.085	+	146.426)	/ 2 )
	=	-24.056	/	142.7555
	=	-16.85 %

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.

Adventus Mining'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	/	( (139.085	+	146.426)	/ 2 )
=	0	/	142.7555
=	0.00

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.

Adventus Mining Total Assets Related Terms

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Adventus Mining (STU:AZC) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Adventus Mining Corp (STU:AZC) » Definitions » Total Assets

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ADVZF:USA ADZN:Canada

Address

220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4

Website

https://www.adventusmining.com

Adventus Mining Corp is an Ecuador-focused copper-gold exploration and development company. The company is advancing the project through a feasibility study while exploring the broader Curipamba district. In addition, it is engaged in a country-wide exploration alliance with its partners in Ecuador, which has incorporated the Pijili and Santiago copper-gold porphyry projects. The company also controls an exploration project portfolio in Ireland with South32 Limited as a funding partner as well as an investment portfolio of equities in several exploration companies.

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