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Wallbridge Mining Co (TSX:WM) Total Assets : C$319.44 Mil (As of Sep. 2024)


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What is Wallbridge Mining Co Total Assets?

Wallbridge Mining Co's Total Assets for the quarter that ended in Sep. 2024 was C$319.44 Mil.

During the past 12 months, Wallbridge Mining Co's average Total Assets Growth Rate was 1.10% per year. During the past 3 years, the average Total Assets Growth Rate was 6.90% per year. During the past 5 years, the average Total Assets Growth Rate was 50.00% per year. During the past 10 years, the average Total Assets Growth Rate was 36.30% per year.

During the past 13 years, Wallbridge Mining Co's highest 3-Year average Total Assets Growth Rate was 115.30%. The lowest was -23.50%. And the median was 24.75%.

Total Assets is connected with ROA %. Wallbridge Mining Co's annualized ROA % for the quarter that ended in Sep. 2024 was -7.04%. Total Assets is also linked to Revenue through Asset Turnover. Wallbridge Mining Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.


Wallbridge Mining Co Total Assets Historical Data

The historical data trend for Wallbridge Mining Co'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.

Wallbridge Mining Co Total Assets Chart

Wallbridge Mining Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.70 332.76 350.09 320.12 331.17

Wallbridge Mining Co 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 324.05 331.17 327.00 325.01 319.44

Wallbridge Mining Co 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.

Wallbridge Mining Co'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 )
=295.982+35.186
=331.17

Wallbridge Mining Co'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 )
=287.721+31.716
=319.44

* 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.


Wallbridge Mining Co  (TSX:WM) Total Assets Explanation

Total Assets is connected with ROA %.

Wallbridge Mining Co'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 )
=-22.676/( (325.007+319.436)/ 2 )
=-22.676/322.2215
=-7.04 %

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.

Wallbridge Mining Co'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/( (325.007+319.436)/ 2 )
=0/322.2215
=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.

Wallbridge Mining Co Total Assets Related Terms

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Wallbridge Mining Co Business Description

Traded in Other Exchanges
Address
129 Fielding Road, Lively, Greater Sudbury, ON, CAN, P3Y 1L7
Wallbridge Mining Co Ltd is engaged in the acquisition, discovery, development, and production of metals focusing on gold, copper, nickel, and platinum group metals. The company owns Sudbury Projects, Quebec Projects, and Equity Investments. Wallbridge is engaged in creating value through the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend while respecting the environment and communities where it operates.
Executives
Brian W. Penny Senior Officer
Mary Irene Montgomery Senior Officer
Attila Pentek Senior Officer
Sean Duncanson Stokes Senior Officer
Alar Soever Director, Senior Officer
Faramarz Kord-gharachorloo Senior Officer
William Warren Holmes Director
Francois Alain Demers Senior Officer
Shawn Day Director
Michael Pesner Director
Darryl Sittler Director
2176423 Ontario Ltd. 10% Security Holder
Eric Sprott 10% Security Holder
Darin Walter Wagner Director, Senior Officer
Parviz Farsangi Director