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Tombador Iron (ASX:TI1) Total Assets : A$65.26 Mil (As of Jun. 2023)


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What is Tombador Iron Total Assets?

Tombador Iron's Total Assets for the quarter that ended in Jun. 2023 was A$65.26 Mil.

During the past 12 months, Tombador Iron's average Total Assets Growth Rate was 66.30% per year. During the past 3 years, the average Total Assets Growth Rate was 81.10% per year. During the past 5 years, the average Total Assets Growth Rate was 17.00% per year. During the past 10 years, the average Total Assets Growth Rate was 37.70% per year.

During the past 13 years, Tombador Iron's highest 3-Year average Total Assets Growth Rate was 221.40%. The lowest was -82.90%. And the median was 42.20%.

Total Assets is connected with ROA %. Tombador Iron's annualized ROA % for the quarter that ended in Jun. 2023 was 10.73%. Total Assets is also linked to Revenue through Asset Turnover. Tombador Iron's Asset Turnover for the quarter that ended in Jun. 2023 was 0.90.


Tombador Iron Total Assets Historical Data

The historical data trend for Tombador Iron'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.

Tombador Iron Total Assets Chart

Tombador Iron Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.39 4.48 3.01 1.32 44.32

Tombador Iron Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 44.32 39.26 55.43 52.03 65.26

Tombador Iron 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.

Tombador Iron's Total Assets for the fiscal year that ended in Jun. 2021 is calculated as

Total Assets=Total Equity (A: Jun. 2021 )+Total Liabilities (A: Jun. 2021 )
=28.754+15.563
=44.32

Tombador Iron's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=42.793+22.463
=65.26

* 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.


Tombador Iron  (ASX:TI1) Total Assets Explanation

Total Assets is connected with ROA %.

Tombador Iron's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=6.29/( (52.034+65.256)/ 2 )
=6.29/58.645
=10.73 %

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

Tombador Iron's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=52.641/( (52.034+65.256)/ 2 )
=52.641/58.645
=0.90

* 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.

Tombador Iron Total Assets Related Terms

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Tombador Iron (ASX:TI1) Business Description

Traded in Other Exchanges
N/A
Address
85 Forrest Street, Suite 5, Cottesloe, WA, AUS, 6011
Tombador Iron Ltd is an iron ore mining company in Brazil. The company owns the Tombador iron ore project in Bahia State, Brazil. The company segment includes The Corporate segment in Australia (Tombador Iron Limited), The Corporate segment in Singapore e (Tombador Iron Singapore Pte Limited) and Tombador Iron Ore Project in Brazil.

Tombador Iron (ASX:TI1) Headlines

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