Andean Precious Metals (TSXV:APM) Total Assets : C$362.1 Mil (As of Dec. 2023)

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What is Andean Precious Metals Total Assets?

Andean Precious Metals's Total Assets for the quarter that ended in Dec. 2023 was C$362.1 Mil.

During the past 12 months, Andean Precious Metals's average Total Assets Growth Rate was 312.90% per year. During the past 3 years, the average Total Assets Growth Rate was 40.90% per year.

During the past 4 years, Andean Precious Metals's highest 3-Year average Total Assets Growth Rate was 40.90%. The lowest was 40.90%. And the median was 40.90%.

Total Assets is connected with ROA %. Andean Precious Metals's annualized ROA % for the quarter that ended in Dec. 2023 was 74.64%. Total Assets is also linked to Revenue through Asset Turnover. Andean Precious Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.24.

Andean Precious Metals Total Assets Historical Data

The historical data trend for Andean Precious 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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Andean Precious Metals Total Assets Chart

Andean Precious Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

148.31

179.58

181.85

362.08

Andean Precious Metals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial											181.85	176.15	179.62	185.45	362.08

Andean Precious 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.

Andean Precious Metals'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 )
	=	177.05	+	185.035
	=	362.1

Andean Precious Metals'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 )
	=	177.05	+	185.035
	=	362.1

Andean Precious Metals (TSXV:APM) Total Assets Explanation

Total Assets is connected with ROA %.

Andean Precious Metals'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 )
	=	204.332	/	( (185.445	+	362.084)	/ 2 )
	=	204.332	/	273.7645
	=	74.64 %

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.

Andean Precious Metals'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 )
=	65.498	/	( (185.445	+	362.084)	/ 2 )
=	65.498	/	273.7645
=	0.24

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.

Andean Precious Metals Total Assets Related Terms

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Andean Precious Metals (TSXV:APM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andean Precious Metals Corp (TSXV:APM) » Definitions » Total Assets

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Traded in Other Exchanges

ANPMF:USA

Address

Ignacio L. Vallarta, No. 811 Sur, Col. El Mirador Centro, Monterrey, NL, MEX, 64070

Website

https://www.andeanpm.com

Andean Precious Metals Corp is a Canadian-listed, growth-focused precious metals producer operating in Bolivia and the United States. The Company is engaged in the exploration, exploitation, treatment, refining and commercialization of dore bars containing silver and gold, which it extracts from its mining rights and through purchased third-party material.