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Los Andes Copper (TSXV:LA) Total Assets : C$108.99 Mil (As of Dec. 2023)


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What is Los Andes Copper Total Assets?

Los Andes Copper's Total Assets for the quarter that ended in Dec. 2023 was C$108.99 Mil.

During the past 12 months, Los Andes Copper's average Total Assets Growth Rate was -21.10% per year. During the past 3 years, the average Total Assets Growth Rate was -3.80% per year. During the past 5 years, the average Total Assets Growth Rate was -2.60% per year. During the past 10 years, the average Total Assets Growth Rate was 1.30% per year.

During the past 13 years, Los Andes Copper's highest 3-Year average Total Assets Growth Rate was 410.60%. The lowest was -3.80%. And the median was 12.10%.

Total Assets is connected with ROA %. Los Andes Copper's annualized ROA % for the quarter that ended in Dec. 2023 was -2.85%. Total Assets is also linked to Revenue through Asset Turnover. Los Andes Copper's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Los Andes Copper Total Assets Historical Data

The historical data trend for Los Andes Copper'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.

Los Andes Copper Total Assets Chart

Los Andes Copper Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.89 89.70 91.07 97.15 110.88

Los Andes Copper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 101.52 111.98 115.62 110.88 108.99

Los Andes Copper 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.

Los Andes Copper's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=81.756+29.128
=110.88

Los Andes Copper'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 )
=80.049+28.939
=108.99

* 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.


Los Andes Copper  (TSXV:LA) Total Assets Explanation

Total Assets is connected with ROA %.

Los Andes Copper'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 )
=-3.132/( (110.884+108.988)/ 2 )
=-3.132/109.936
=-2.85 %

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.

Los Andes Copper'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 )
=0/( (110.884+108.988)/ 2 )
=0/109.936
=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.

Los Andes Copper Total Assets Related Terms

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Los Andes Copper (TSXV:LA) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Los Andes Copper Ltd is involved in the acquisition, exploration, and development of copper deposits in Latin America. Its project consists of Vizcachitas Copper Project in Chile.

Los Andes Copper (TSXV:LA) Headlines

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