Metal Hawk (ASX:MHK) Total Assets : A$12.46 Mil (As of Dec. 2023)

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What is Metal Hawk Total Assets?

Metal Hawk's Total Assets for the quarter that ended in Dec. 2023 was A$12.46 Mil.

During the past 12 months, Metal Hawk's average Total Assets Growth Rate was 11.00% per year. During the past 3 years, the average Total Assets Growth Rate was 103.80% per year.

During the past 4 years, Metal Hawk's highest 3-Year average Total Assets Growth Rate was 103.80%. The lowest was 103.80%. And the median was 103.80%.

Total Assets is connected with ROA %. Metal Hawk's annualized ROA % for the quarter that ended in Dec. 2023 was -39.35%. Total Assets is also linked to Revenue through Asset Turnover. Metal Hawk's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Metal Hawk Total Assets Historical Data

The historical data trend for Metal Hawk'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.

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Metal Hawk Total Assets Chart

Metal Hawk Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Total Assets

6.50

5.68

9.03

9.10

Metal Hawk Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			8.61	9.03	9.45	9.10	12.46

Metal Hawk 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.

Metal Hawk's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	8.821	+	0.274
	=	9.10

Metal Hawk's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	12.029	+	0.435
	=	12.46

Metal Hawk (ASX:MHK) Total Assets Explanation

Total Assets is connected with ROA %.

Metal Hawk's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-4.242	/	( (9.095	+	12.464)	/ 2 )
	=	-4.242	/	10.7795
	=	-39.35 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Metal Hawk's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.015	/	( (9.095	+	12.464)	/ 2 )
=	0.015	/	10.7795
=	0.00

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.

Metal Hawk Total Assets Related Terms

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Metal Hawk (ASX:MHK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metal Hawk Ltd (ASX:MHK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.metalhawk.com.au

Metal Hawk Ltd is a West Australian mineral exploration company. It is focused on the early-stage discovery of gold and nickel sulphides. The company's projects include Eastern Goldfields and Albany Fraser orogen.