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Champion Iron (TSX:CIA) Total Assets : C$2,802 Mil (As of Sep. 2024)


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What is Champion Iron Total Assets?

Champion Iron's Total Assets for the quarter that ended in Sep. 2024 was C$2,802 Mil.

Warning Sign:

If a company builds assets at 40.7% a year, faster than its revenue growth rate of 15.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Champion Iron's average Total Assets Growth Rate was 18.70% per year. During the past 3 years, the average Total Assets Growth Rate was 42.70% per year. During the past 5 years, the average Total Assets Growth Rate was 40.70% per year. During the past 10 years, the average Total Assets Growth Rate was 45.80% per year.

During the past 12 years, Champion Iron's highest 3-Year average Total Assets Growth Rate was 86.50%. The lowest was -1.90%. And the median was 47.40%.

Total Assets is connected with ROA %. Champion Iron's annualized ROA % for the quarter that ended in Sep. 2024 was 2.84%. Total Assets is also linked to Revenue through Asset Turnover. Champion Iron's Asset Turnover for the quarter that ended in Sep. 2024 was 0.13.


Champion Iron Total Assets Historical Data

The historical data trend for Champion Iron'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.

Champion Iron Total Assets Chart

Champion Iron Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 882.60 1,496.91 1,989.23 2,315.27 2,689.55

Champion Iron 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 2,407.94 2,634.70 2,689.55 2,771.73 2,801.59

Champion Iron 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.

Champion Iron's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=1396.51+1293.041
=2,690

Champion Iron'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 )
=1446.4+1355.193
=2,802

* 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.


Champion Iron  (TSX:CIA) Total Assets Explanation

Total Assets is connected with ROA %.

Champion Iron'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 )
=79.228/( (2771.729+2801.593)/ 2 )
=79.228/2786.661
=2.84 %

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.

Champion Iron'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 )
=350.98/( (2771.729+2801.593)/ 2 )
=350.98/2786.661
=0.13

* 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.

Champion Iron Total Assets Related Terms

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Champion Iron Business Description

Traded in Other Exchanges
Address
91 Evans Street, Level 1, Rozelle, Sydney, NSW, AUS, 2039
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate; Exploration and Evaluation and Corporate. The company generates the maximum of its revenue from the Iron Ore Concentrate segment.
Executives
David Cataford Director, Senior Officer
Alexandre Belleau Senior Officer
Steve Boucratie Senior Officer
Michael Marcotte Senior Officer
William Michael O'keeffe Director
Donald Tremblay Senior Officer
Pradipkumar Devalia Senior Officer
Gary Kenneth John Lawler Director
L.p. Wc Strategic Opportunity 10% Security Holder
François Lafrenière Senior Officer
Natacha Garoute Senior Officer
Andrew John Love Director
Michelle Ann Cormier Director
Jorge Estepa Senior Officer
Wayne Gordon Wouters Director