Tectonic Metals (STU:T15B) Total Assets : €2.53 Mil (As of Dec. 2024)

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What is Tectonic Metals Total Assets?

Tectonic Metals's Total Assets for the quarter that ended in Dec. 2024 was €2.53 Mil.

During the past 12 months, Tectonic Metals's average Total Assets Growth Rate was 32.60% per year. During the past 3 years, the average Total Assets Growth Rate was 29.40% per year. During the past 5 years, the average Total Assets Growth Rate was 21.20% per year.

During the past 7 years, Tectonic Metals's highest 3-Year average Total Assets Growth Rate was 29.40%. The lowest was 6.20%. And the median was 21.40%.

Total Assets is connected with ROA %. Tectonic Metals's annualized ROA % for the quarter that ended in Dec. 2024 was -147.87%. Total Assets is also linked to Revenue through Asset Turnover. Tectonic Metals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Tectonic Metals Total Assets Historical Data

The historical data trend for Tectonic Metals'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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Tectonic Metals Total Assets Chart

Tectonic Metals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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2.67

1.32

2.34

2.56

2.53

Tectonic Metals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															2.56	1.85	1.30	2.14	2.53

Tectonic Metals 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.

Tectonic Metals's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	1.979	+	0.554
	=	2.53

Tectonic Metals's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	1.979	+	0.554
	=	2.53

Tectonic Metals (STU:T15B) Total Assets Explanation

Total Assets is connected with ROA %.

Tectonic Metals's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-3.452	/	( (2.136	+	2.533)	/ 2 )
	=	-3.452	/	2.3345
	=	-147.87 %

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

Tectonic Metals's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0	/	( (2.136	+	2.533)	/ 2 )
=	0	/	2.3345
=	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.

Tectonic Metals Total Assets Related Terms

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Tectonic Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tectonic Metals Inc (STU:T15B) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TETOF:USA T15B:Germany TECT:Canada

Address

1199 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 3T5

Website

https://www.tectonicmetals.com

Tectonic Metals Inc is a mineral exploration company engaged in the identification, acquisition, and exploration of mineral properties in the United States. The company's exploration is focused on discovering and delineating gold resources. Its properties portfolio includes the Tibbs Property, Flats Property, and others.

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