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Inmet Mining (FRA:MMC) Total Assets : €5,016.9 Mil (As of Dec. 2012)


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What is Inmet Mining Total Assets?

Inmet Mining's Total Assets for the quarter that ended in Dec. 2012 was €5,016.9 Mil.

Total Assets is connected with ROA %. Inmet Mining's annualized ROA % for the quarter that ended in Dec. 2012 was 1.72%. Total Assets is also linked to Revenue through Asset Turnover. Inmet Mining's Asset Turnover for the quarter that ended in Dec. 2012 was 0.04.


Inmet Mining Total Assets Historical Data

The historical data trend for Inmet 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.

Inmet Mining Total Assets Chart

Inmet Mining Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,727.63 1,902.63 2,466.11 2,836.53 5,016.91

Inmet Mining Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 2,836.53 2,987.95 4,509.13 4,590.61 5,016.91

Inmet 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.

Inmet Mining's Total Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Assets=Total Equity (A: Dec. 2012 )+Total Liabilities (A: Dec. 2012 )
=2834.09+2182.817
=5,016.9

Inmet Mining's Total Assets for the quarter that ended in Dec. 2012 is calculated as

Total Assets=Total Equity (Q: Dec. 2012 )+Total Liabilities (Q: Dec. 2012 )
=2834.09+2182.817
=5,016.9

* 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.


Inmet Mining  (FRA:MMC) Total Assets Explanation

Total Assets is connected with ROA %.

Inmet Mining's annualized ROA % for the quarter that ended in Dec. 2012 is

ROA %=Net Income (Q: Dec. 2012 )/( (Total Assets (Q: Sep. 2012 )+Total Assets (Q: Dec. 2012 ))/ count )
=82.736/( (4590.613+5016.907)/ 2 )
=82.736/4803.76
=1.72 %

Note: The Net Income data used here is four times the quarterly (Dec. 2012) 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.

Inmet Mining's Asset Turnover for the quarter that ended in Dec. 2012 is

Asset Turnover
=Revenue (Q: Dec. 2012 )/( (Total Assets (Q: Sep. 2012 )+Total Assets (Q: Dec. 2012 ))/ count )
=198.019/( (4590.613+5016.907)/ 2 )
=198.019/4803.76
=0.04

* 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.

Inmet Mining Total Assets Related Terms

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Inmet Mining (FRA:MMC) Business Description

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Inmet Mining Corporation is a Canadian-based global mining company that produces base metals with a focus on copper. It operates and develops underground and open pit mines safely, responsibly and cost effectively. The Company has three operating properties and one development property around the world. Çayeli is an underground mine on the Black Sea coast of northeastern Turkey. It produces copper and zinc concentrates, which are sold to international and domestic smelters and traders. Las Cruces is an open pit mine in southern Spain. Las Cruces uses leaching and electrowinning technology to produce copper cathode which are sold to buyers in the Spanish and Mediterranean markets. Pyhäsalmi is an underground copper and zinc mine in central Finland. It produces copper, zinc and pyrite concentrates. Copper and zinc concentrates are sold under long-term contracts to smelters in Finland. Pyrite is sold under contract to customers in Europe and Asia as well as in the spot market. Cobre Panama is an open pit copper development project in Panama.

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