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Orestone Mining (TSXV:ORS) Total Assets : C$3.21 Mil (As of Jan. 2024)


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What is Orestone Mining Total Assets?

Orestone Mining's Total Assets for the quarter that ended in Jan. 2024 was C$3.21 Mil.

During the past 12 months, Orestone Mining's average Total Assets Growth Rate was 0.10% per year. During the past 3 years, the average Total Assets Growth Rate was 10.30% per year. During the past 5 years, the average Total Assets Growth Rate was 14.40% per year. During the past 10 years, the average Total Assets Growth Rate was 1.80% per year.

During the past 13 years, Orestone Mining's highest 3-Year average Total Assets Growth Rate was 71.60%. The lowest was -28.80%. And the median was 9.80%.

Total Assets is connected with ROA %. Orestone Mining's annualized ROA % for the quarter that ended in Jan. 2024 was -2.75%. Total Assets is also linked to Revenue through Asset Turnover. Orestone Mining's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.


Orestone Mining Total Assets Historical Data

The historical data trend for Orestone Mining'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.

Orestone Mining Total Assets Chart

Orestone Mining Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 2.46 3.75 3.35 3.21

Orestone Mining Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.35 3.25 3.21 3.21 3.21

Orestone Mining 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.

Orestone Mining's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=3.041+0.165
=3.21

Orestone Mining's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=3.041+0.165
=3.21

* 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.


Orestone Mining  (TSXV:ORS) Total Assets Explanation

Total Assets is connected with ROA %.

Orestone Mining's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-0.088/( (3.205+3.206)/ 2 )
=-0.088/3.2055
=-2.75 %

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

Orestone Mining's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0/( (3.205+3.206)/ 2 )
=0/3.2055
=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.

Orestone Mining Total Assets Related Terms

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Orestone Mining (TSXV:ORS) Business Description

Traded in Other Exchanges
Address
407-325 Howe Street, Vancouver, BC, CAN, V6C 1Z7
Orestone Mining Corp is a mineral exploration company. The principal business activity of the company is the exploration of mineral properties. The company holds an interest in the Captain Property and the Resguardo Property. The group operates in the geographical segments of Canada and Chile.
Executives
David Hottman Director, Senior Officer

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