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Hispania Resources (TSXV:ESPN) Total Assets : C$0.94 Mil (As of Sep. 2024)


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What is Hispania Resources Total Assets?

Hispania Resources's Total Assets for the quarter that ended in Sep. 2024 was C$0.94 Mil.

During the past 12 months, Hispania Resources's average Total Assets Growth Rate was -2.00% per year. During the past 3 years, the average Total Assets Growth Rate was 461.90% per year.

During the past 4 years, Hispania Resources's highest 3-Year average Total Assets Growth Rate was 461.90%. The lowest was 461.90%. And the median was 461.90%.

Total Assets is connected with ROA %. Hispania Resources's annualized ROA % for the quarter that ended in Sep. 2024 was -68.56%. Total Assets is also linked to Revenue through Asset Turnover. Hispania Resources's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Hispania Resources Total Assets Historical Data

The historical data trend for Hispania Resources'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.

Hispania Resources Total Assets Chart

Hispania Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
0.35 0.81 1.05 0.96

Hispania Resources Quarterly Data
Dec20 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 1.06 0.96 0.91 0.93 0.94

Hispania Resources 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.

Hispania Resources'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 )
=-0.962+1.924
=0.96

Hispania Resources'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 )
=-1.545+2.484
=0.94

* 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.

Hispania Resources  (TSXV:ESPN) Total Assets Explanation

Total Assets is connected with ROA %.

Hispania Resources'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 )
=-0.64/( (0.929+0.938)/ 2 )
=-0.64/0.9335
=-68.56 %

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.

Hispania Resources'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/( (0.929+0.938)/ 2 )
=0/0.9335
=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.

Hispania Resources Total Assets Related Terms

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Hispania Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hispania Resources Inc (TSXV:ESPN) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
60 Wellesley Street West, Unit 2, Toronto, ON, CAN, M5S 3L2
Website
http://www.hispaniaresources.com
Hispania Resources Inc is an exploration and development company. This Company is focused on the acquisition, exploration, and development of mining properties in Spain. This company is engaged in developing the long-term mining potential of its core asset, the Zinc, Copper enriched Puebla de la Reina (PBR) property in the low-risk and historic mining district of Extremadura in Southwest Spain.
Executives
Norman Brewster Director

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