Power Nickel (STU:IVV) Total Assets : €1.12 Mil (As of Mar. 2024)

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What is Power Nickel Total Assets?

Power Nickel's Total Assets for the quarter that ended in Mar. 2024 was €1.12 Mil.

During the past 12 months, Power Nickel's average Total Assets Growth Rate was 32.00% per year. During the past 3 years, the average Total Assets Growth Rate was 121.40% per year. During the past 5 years, the average Total Assets Growth Rate was 75.30% per year. During the past 10 years, the average Total Assets Growth Rate was -4.40% per year.

During the past 13 years, Power Nickel's highest 3-Year average Total Assets Growth Rate was 121.40%. The lowest was -90.20%. And the median was 17.80%.

Total Assets is connected with ROA %. Power Nickel's annualized ROA % for the quarter that ended in Mar. 2024 was -334.88%. Total Assets is also linked to Revenue through Asset Turnover. Power Nickel's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Power Nickel Total Assets Historical Data

The historical data trend for Power Nickel'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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Power Nickel Total Assets Chart

Power Nickel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.06

0.32

0.97

1.36

2.55

Power Nickel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1.36	1.60	0.68	2.55	1.12

Power Nickel 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.

Power Nickel'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 )
	=	-1.74	+	4.292
	=	2.55

Power Nickel'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 )
	=	-3.199	+	4.313
	=	1.11

Power Nickel (STU:IVV) Total Assets Explanation

Total Assets is connected with ROA %.

Power Nickel'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 )
	=	-6.14	/	( (2.552	+	1.115)	/ 2 )
	=	-6.14	/	1.8335
	=	-334.88 %

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.

Power Nickel'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	/	( (2.552	+	1.115)	/ 2 )
=	0	/	1.8335
=	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.

Power Nickel Total Assets Related Terms

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Power Nickel (STU:IVV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Power Nickel Inc (STU:IVV) » Definitions » Total Assets

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PNPNF:USA PNPN:Canada

Address

82 Richmond Street East, Suite 202, Toronto, ON, CAN, M5C 1P1

Website

https://www.chileanmetals.com

Power Nickel Inc, operates as a resource exploration company. It is engaged in the business of acquiring and exploring mineral properties in Chile and Canada. Its projects include Tierra de Oro, Zulema and Lynn, Parrsboro, and Bass River Properties, among others. It operates in one industry segment, namely the exploration of mineral resources in two geographic regions, Canada and Chile.