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Prismo Metals (XCNQ:PRIZ) Total Assets : C$7.05 Mil (As of Mar. 2024)


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What is Prismo Metals Total Assets?

Prismo Metals's Total Assets for the quarter that ended in Mar. 2024 was C$7.05 Mil.

During the past 12 months, Prismo Metals's average Total Assets Growth Rate was 96.90% per year. During the past 3 years, the average Total Assets Growth Rate was 88.20% per year.

During the past 5 years, Prismo Metals's highest 3-Year average Total Assets Growth Rate was 88.20%. The lowest was 70.10%. And the median was 79.15%.

Total Assets is connected with ROA %. Prismo Metals's annualized ROA % for the quarter that ended in Mar. 2024 was -3.18%. Total Assets is also linked to Revenue through Asset Turnover. Prismo Metals's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Prismo Metals Total Assets Historical Data

The historical data trend for Prismo 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.

Prismo Metals Total Assets Chart

Prismo Metals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
0.63 0.99 1.91 4.82 7.29

Prismo Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.03 6.36 6.27 7.29 7.05

Prismo 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.

Prismo Metals'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 )
=5.903+1.391
=7.29

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

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=5.945+1.101
=7.05

* 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.

Prismo Metals  (XCNQ:PRIZ) Total Assets Explanation

Total Assets is connected with ROA %.

Prismo Metals's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-0.228/( (7.294+7.047)/ 2 )
=-0.228/7.1705
=-3.18 %

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

Prismo Metals's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (7.294+7.047)/ 2 )
=0/7.1705
=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.

Prismo Metals Total Assets Related Terms

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Prismo Metals (XCNQ:PRIZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Prismo Metals Inc (XCNQ:PRIZ) » Definitions » Total Assets
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Traded in Other Exchanges
PMOMF:USA
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Website
https://www.prismometals.com
Prismo Metals Inc is engaged in the business of acquisition and exploration of mineral properties and operates in one segment, namely mineral exploration in Mexico. The company's objective is to locate and develop economic precious and base metal properties of merit. Its properties consist of the Palos Verdes Property and the Los Pavitos property.
Executives
Alain Lambert Director

Prismo Metals (XCNQ:PRIZ) Headlines

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