Ajax Resources (AQSE:AJAX) Total Assets: £0.85 Mil (As of Aug. 2024)

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What is Ajax Resources Total Assets?

Ajax Resources AQSE:AJAX Total Assets is £0.85 Mil as of Aug. 2024.

Ajax Resources's Total Assets for the quarter that ended in Aug. 2024 was £0.85 Mil.

Total Assets is connected with ROA %. Ajax Resources's annualized ROA % for the quarter that ended in Aug. 2024 was -18.36%. Total Assets is also linked to Revenue through Asset Turnover. Ajax Resources's Asset Turnover for the quarter that ended in Aug. 2024 was 0.00.

Ajax Resources  (AQSE:AJAX) Total Assets Explanation

Total Assets is connected with ROA %.

Ajax Resources's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %=Net Income (Q: Aug. 2024 )/( (Total Assets (Q: Feb. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=-0.168/( (0.982+0.848)/ 2 )
=-0.168/0.915
=-18.36 %

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

Ajax Resources's Asset Turnover for the quarter that ended in Aug. 2024 is

Asset Turnover
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: Feb. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=0/( (0.982+0.848)/ 2 )
=0/0.915
=0.00

* 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.

Ajax Resources Total Assets Related Terms

Ajax Resources Total Assets Historical Data

* Premium members only.

The historical data trend for Ajax Resources'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.

Ajax Resources Total Assets Chart

Ajax Resources Annual Data
Trend Feb22 Feb23 Feb24
Total Assets
0.68 1.11 0.98

Ajax Resources Semi-Annual Data
Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Total Assets Get a 7-Day Free Trial 1.28 1.11 1.03 0.98 0.85

Ajax Resources 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.

Ajax Resources's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (A: Feb. 2024 )+Total Liabilities (A: Feb. 2024 )
=0.888+0.095
=0.98

Ajax Resources's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets=Total Equity (Q: Aug. 2024 )+Total Liabilities (Q: Aug. 2024 )
=0.796+0.052
=0.85

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of £0.85 Mil mean?
Ajax Resources (AQSE:AJAX) has a Total Assets of £0.85 Mil as of Aug. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Ajax Resources and its competitors.
Is Ajax Resources' Total Assets too high?
Ajax Resources' current Total Assets is £0.85 Mil.
How does Ajax Resources' Total Assets compare to AGLY and CCCX?
Ajax Resources' Total Assets of £0.85 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Ajax Resources and its competitors. Ajax Resources's current Total Assets is £0.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajax Resources stock overvalued right now?
Ajax Resources (AQSE:AJAX) has a current Total Assets of £0.85 Mil. The current Total Assets is £0.85 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Ajax Resources (AQSE:AJAX), the current Total Assets is £0.85 Mil as of Aug. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ajax Resources Business Description

Address London Wall, Salisbury House, London, GBR, EC2M 5PS
Ajax Resources PLC is focused on identifying, acquiring, and advancing assets with exposure to copper, gold, zinc, uranium, and lead.