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Sasol (JSE:SOL) Total Assets : R433,838 Mil (As of Jun. 2023)


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What is Sasol Total Assets?

Sasol's Total Assets for the quarter that ended in Jun. 2023 was R433,838 Mil.

During the past 12 months, Sasol's average Total Assets Growth Rate was 0.60% per year. During the past 3 years, the average Total Assets Growth Rate was -4.60% per year. During the past 5 years, the average Total Assets Growth Rate was -3.70% per year. During the past 10 years, the average Total Assets Growth Rate was 5.40% per year.

During the past 13 years, Sasol's highest 3-Year average Total Assets Growth Rate was 37.00%. The lowest was -7.90%. And the median was 13.50%.

Total Assets is connected with ROA %. Sasol's annualized ROA % for the quarter that ended in Jun. 2023 was -2.70%. Total Assets is also linked to Revenue through Asset Turnover. Sasol's Asset Turnover for the quarter that ended in Jun. 2023 was 0.32.


Sasol Total Assets Historical Data

The historical data trend for Sasol'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.

Sasol Total Assets Chart

Sasol Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 466,237.00 474,535.00 360,743.00 419,548.00 433,838.00

Sasol 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 360,743.00 394,156.00 419,548.00 422,002.00 433,838.00

Sasol 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.

Sasol'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 )
=201524+232314
=433,838

Sasol'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 )
=201524+232314
=433,838

* 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.


Sasol  (JSE:SOL) Total Assets Explanation

Total Assets is connected with ROA %.

Sasol'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 )
=-11556/( (422002+433838)/ 2 )
=-11556/427920
=-2.70 %

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.

Sasol'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 )
=137946/( (422002+433838)/ 2 )
=137946/427920
=0.32

* 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.

Sasol Total Assets Related Terms

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Sasol (JSE:SOL) Business Description

Address
50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, ZAF, 2196
Sasol Ltd operates as a vertically integrated chemicals and energy company through its two main segments: Energy business and Chemical business. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company's energy and chemicals operations. Sasol markets commodity and performance chemicals, sells liquid fuel products, and markets, distributes and transports pipeline gas. Geographically the company generates the majority of its revenue from South Africa.