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Gold Mountain Mining (Gold Mountain Mining) Total Assets : $37.51 Mil (As of Jan. 2024)


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What is Gold Mountain Mining Total Assets?

Gold Mountain Mining's Total Assets for the quarter that ended in Jan. 2024 was $37.51 Mil.

During the past 12 months, Gold Mountain Mining's average Total Assets Growth Rate was 17.40% per year. During the past 3 years, the average Total Assets Growth Rate was 64.50% per year. During the past 5 years, the average Total Assets Growth Rate was 248.90% per year.

During the past 6 years, Gold Mountain Mining's highest 3-Year average Total Assets Growth Rate was 924.50%. The lowest was 64.50%. And the median was 80.00%.

Total Assets is connected with ROA %. Gold Mountain Mining's annualized ROA % for the quarter that ended in Jan. 2024 was -21.51%. Total Assets is also linked to Revenue through Asset Turnover. Gold Mountain Mining's Asset Turnover for the quarter that ended in Jan. 2024 was 0.01.

Gold Mountain Mining Total Assets Historical Data

The historical data trend for Gold Mountain 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.

Gold Mountain Mining Total Assets Chart

Gold Mountain Mining Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Assets
Get a 7-Day Free Trial 5.90 10.99 25.88 34.28 37.51

Gold Mountain Mining Quarterly Data
Jan19 Jan20 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 34.28 35.55 36.45 35.27 37.51

Gold Mountain 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.

Gold Mountain 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 )
=23.575+13.934
=37.51

Gold Mountain 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 )
=23.575+13.934
=37.51

* 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.

Gold Mountain Mining  (OTCPK:GMTNF) Total Assets Explanation

Total Assets is connected with ROA %.

Gold Mountain 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 )
=-7.828/( (35.267+37.509)/ 2 )
=-7.828/36.388
=-21.51 %

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.

Gold Mountain 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 )
=0.316/( (35.267+37.509)/ 2 )
=0.316/36.388
=0.01

* 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.

Gold Mountain Mining Total Assets Related Terms

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Gold Mountain Mining (Gold Mountain Mining) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Mountain Mining Corp (OTCPK:GMTNF) » Definitions » Total Assets
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Traded in Other Exchanges
5XFA:Germany GMTN:Canada
Address
1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1
Website
https://www.gold-mountain.ca
Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.