Emergent Metals (TSXV:EMR) Total Assets : C$3.66 Mil (As of Mar. 2024)

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What is Emergent Metals Total Assets?

Emergent Metals's Total Assets for the quarter that ended in Mar. 2024 was C$3.66 Mil.

During the past 12 months, Emergent Metals's average Total Assets Growth Rate was -14.80% per year. During the past 3 years, the average Total Assets Growth Rate was -6.10% per year. During the past 5 years, the average Total Assets Growth Rate was 12.00% per year. During the past 10 years, the average Total Assets Growth Rate was 15.50% per year.

During the past 13 years, Emergent Metals's highest 3-Year average Total Assets Growth Rate was 265.60%. The lowest was -81.50%. And the median was 3.40%.

Total Assets is connected with ROA %. Emergent Metals's annualized ROA % for the quarter that ended in Mar. 2024 was 4.01%. Total Assets is also linked to Revenue through Asset Turnover. Emergent Metals's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Emergent Metals Total Assets Historical Data

The historical data trend for Emergent 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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Emergent Metals Total Assets Chart

Emergent Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4.23

6.87

4.70

5.37

3.92

Emergent Metals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															4.19	3.85	3.75	3.92	3.66

Emergent 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.

Emergent 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 )
	=	1.324	+	2.592
	=	3.92

Emergent Metals'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 )
	=	1.383	+	2.278
	=	3.66

Emergent Metals (TSXV:EMR) Total Assets Explanation

Total Assets is connected with ROA %.

Emergent Metals'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 )
	=	0.152	/	( (3.915	+	3.661)	/ 2 )
	=	0.152	/	3.788
	=	4.01 %

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.

Emergent Metals'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	/	( (3.915	+	3.661)	/ 2 )
=	0	/	3.788
=	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.

Emergent Metals Total Assets Related Terms

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Emergent Metals (TSXV:EMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Emergent Metals Corp (TSXV:EMR) » Definitions » Total Assets

Comparable Companies

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EGMCF:USA EML:Germany

Address

789 West Pender Street, Suite 1010, Vancouver, BC, CAN, V6C 1H2

Website

https://www.emergentmetals.com

Emergent Metals Corp is a gold and base metal exploration and mine development company. The company's business model is strategic acquisitions and divestitures (A&D) in the junior mining sector, with a focus on Nevada and Quebec. The company's Nevada properties include Golden Arrow, New York Canyon, Mindora, Buckskin Rawhide East, Buckskin Rawhide West, and Koegel Rawhide.

Executives

Robert Rosner

Director