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Hemlo Explorers (XCNQ:HMLO) Total Assets : C$0.18 Mil (As of Jul. 2024)


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What is Hemlo Explorers Total Assets?

Hemlo Explorers's Total Assets for the quarter that ended in Jul. 2024 was C$0.18 Mil.

During the past 12 months, Hemlo Explorers's average Total Assets Growth Rate was -76.20% per year. During the past 3 years, the average Total Assets Growth Rate was 12.00% per year. During the past 5 years, the average Total Assets Growth Rate was 22.10% per year. During the past 10 years, the average Total Assets Growth Rate was 14.90% per year.

During the past 13 years, Hemlo Explorers's highest 3-Year average Total Assets Growth Rate was 202.80%. The lowest was -89.60%. And the median was 12.25%.

Total Assets is connected with ROA %. Hemlo Explorers's annualized ROA % for the quarter that ended in Jul. 2024 was -425.07%. Total Assets is also linked to Revenue through Asset Turnover. Hemlo Explorers's Asset Turnover for the quarter that ended in Jul. 2024 was 0.00.


Hemlo Explorers Total Assets Historical Data

The historical data trend for Hemlo Explorers'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.

Hemlo Explorers Total Assets Chart

Hemlo Explorers 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 0.45 3.51 1.81 0.44 0.28

Hemlo Explorers Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.88 0.26 0.28 0.15 0.18

Hemlo Explorers 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.

Hemlo Explorers'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 )
=0.142+0.137
=0.28

Hemlo Explorers's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets=Total Equity (Q: Jul. 2024 )+Total Liabilities (Q: Jul. 2024 )
=-0.13+0.314
=0.18

* 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.


Hemlo Explorers  (XCNQ:HMLO) Total Assets Explanation

Total Assets is connected with ROA %.

Hemlo Explorers's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %=Net Income (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=-0.712/( (0.151+0.184)/ 2 )
=-0.712/0.1675
=-425.07 %

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

Hemlo Explorers's Asset Turnover for the quarter that ended in Jul. 2024 is

Asset Turnover
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=0/( (0.151+0.184)/ 2 )
=0/0.1675
=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.

Hemlo Explorers Total Assets Related Terms

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Hemlo Explorers Business Description

Traded in Other Exchanges
Address
141 Adelaide Street West, Suite 301, Toronto, ON, CAN, M5H 3L5
Hemlo Explorers Inc is a Canada-based natural resource exploration and development company. Its projects include the North Limb, Belcher Islands Iron, Hemlo camp, project Idaho, and others.
Executives
Brian Howlett Director, Senior Officer
Michael George Leskovec Director
O3 Mining Inc. 10% Security Holder

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