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Ophir Metals (TSXV:OPHR) Total Assets : C$4.69 Mil (As of Nov. 2024)


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What is Ophir Metals Total Assets?

Ophir Metals's Total Assets for the quarter that ended in Nov. 2024 was C$4.69 Mil.

During the past 12 months, Ophir Metals's average Total Assets Growth Rate was -49.10% per year. During the past 3 years, the average Total Assets Growth Rate was 12.30% per year. During the past 5 years, the average Total Assets Growth Rate was 245.40% per year. During the past 10 years, the average Total Assets Growth Rate was 21.00% per year.

During the past 13 years, Ophir Metals's highest 3-Year average Total Assets Growth Rate was 647.90%. The lowest was -75.40%. And the median was 12.30%.

Total Assets is connected with ROA %. Ophir Metals's annualized ROA % for the quarter that ended in Nov. 2024 was -110.41%. Total Assets is also linked to Revenue through Asset Turnover. Ophir Metals's Asset Turnover for the quarter that ended in Nov. 2024 was 0.00.


Ophir Metals Total Assets Historical Data

The historical data trend for Ophir 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.

* Premium members only.

Ophir Metals Total Assets Chart

Ophir Metals Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 3.67 4.52 6.63 6.66

Ophir Metals Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 10.52 10.63 6.66 7.49 4.69

Ophir 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.

Ophir Metals's Total Assets for the fiscal year that ended in May. 2024 is calculated as

Total Assets=Total Equity (A: May. 2024 )+Total Liabilities (A: May. 2024 )
=6.488+0.174
=6.66

Ophir Metals's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets=Total Equity (Q: Nov. 2024 )+Total Liabilities (Q: Nov. 2024 )
=4.575+0.112
=4.69

* 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.


Ophir Metals  (TSXV:OPHR) Total Assets Explanation

Total Assets is connected with ROA %.

Ophir Metals's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %=Net Income (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=-6.724/( (7.492+4.688)/ 2 )
=-6.724/6.09
=-110.41 %

Note: The Net Income data used here is four times the quarterly (Nov. 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.

Ophir Metals's Asset Turnover for the quarter that ended in Nov. 2024 is

Asset Turnover
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=0/( (7.492+4.688)/ 2 )
=0/6.09
=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.

Ophir Metals Total Assets Related Terms

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Ophir Metals Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5
Ophir Metals Corp is a diversified mineral exploration company focused on the exploration and development of the Radis and Pilipas Lithium Properties in James Bay, Quebec, and the past-producing Breccia gold property located in Lemhi County, Idaho.
Executives
Shawn Westcott Director
Darren Smith Director
Jonathan Ian Bey Director
Jonathan Armes Director, Senior Officer

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