Mongolia Energy (Mongolia Energy) Total Assets : $362.6 Mil (As of Sep. 2023)

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What is Mongolia Energy Total Assets?

Mongolia Energy's Total Assets for the quarter that ended in Sep. 2023 was $362.6 Mil.

During the past 12 months, Mongolia Energy's average Total Assets Growth Rate was -20.30% per year. During the past 3 years, the average Total Assets Growth Rate was 8.60% per year. During the past 5 years, the average Total Assets Growth Rate was 30.20% per year. During the past 10 years, the average Total Assets Growth Rate was -0.80% per year.

During the past 13 years, Mongolia Energy's highest 3-Year average Total Assets Growth Rate was 217.00%. The lowest was -64.70%. And the median was 2.15%.

Total Assets is connected with ROA %. Mongolia Energy's annualized ROA % for the quarter that ended in Sep. 2023 was -38.84%. Total Assets is also linked to Revenue through Asset Turnover. Mongolia Energy's Asset Turnover for the quarter that ended in Sep. 2023 was 0.55.

Mongolia Energy Total Assets Historical Data

The historical data trend for Mongolia Energy'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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Mongolia Energy Total Assets Chart

Mongolia Energy Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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193.03

284.92

455.62

462.82

356.85

Mongolia Energy Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															488.21	462.82	443.34	356.85	362.56

Mongolia Energy 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.

Mongolia Energy's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	-552.556	+	909.408
	=	356.9

Mongolia Energy's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-627.829	+	990.389
	=	362.6

Mongolia Energy (OTCPK:MOAEY) Total Assets Explanation

Total Assets is connected with ROA %.

Mongolia Energy's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-139.704	/	( (356.852	+	362.56)	/ 2 )
	=	-139.704	/	359.706
	=	-38.84 %

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

Mongolia Energy's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	198.922	/	( (356.852	+	362.56)	/ 2 )
=	198.922	/	359.706
=	0.55

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.

Mongolia Energy Total Assets Related Terms

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Mongolia Energy (Mongolia Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mongolia Energy Corp Ltd (OTCPK:MOAEY) » Definitions » Total Assets

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MOAEF:USA 00276:Hong Kong NWW:Germany

Address

118 Connaught Road West, 17th Floor, Hong Kong, HKG

Website

http://www.mongolia-energy.com

Mongolia Energy Corp Ltd is an investment holding company. The company's principal business is coal mining and exploration which is operated by its indirect wholly-owned subsidiary in Mongolia. Its principal project is the Khushuut Coking Coal Project in Western Mongolia, it also has interest in the Gobi Altay and Olon Bulag project. The Khushuut Coal Mine is located approximately 1,350 km west of Ulaanbaatar in the Khovd Province of Western Mongolia. It is about 311 km from the Xinjiang Takeshiken border, connecting the Khushuut Road. The group is principally engaged in mining, processing and sale of coal in the PRC and Mongolia. Mongolia Energy derives all of its revenue from Coal mining. Geographically company derives a majority of its revenue from PRC.

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