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ASMMF (Australian Strategic Materials) Total Assets : $171.96 Mil (As of Jun. 2024)


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What is Australian Strategic Materials Total Assets?

Australian Strategic Materials's Total Assets for the quarter that ended in Jun. 2024 was $171.96 Mil.

During the past 12 months, Australian Strategic Materials's average Total Assets Growth Rate was 0.40% per year. During the past 3 years, the average Total Assets Growth Rate was 16.00% per year.

During the past 4 years, Australian Strategic Materials's highest 3-Year average Total Assets Growth Rate was 16.00%. The lowest was 16.00%. And the median was 16.00%.

Total Assets is connected with ROA %. Australian Strategic Materials's annualized ROA % for the quarter that ended in Jun. 2024 was -12.77%. Total Assets is also linked to Revenue through Asset Turnover. Australian Strategic Materials's Asset Turnover for the quarter that ended in Jun. 2024 was -0.00.

Australian Strategic Materials Total Assets Historical Data

The historical data trend for Australian Strategic Materials'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.

Australian Strategic Materials Total Assets Chart

Australian Strategic Materials Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Total Assets
174.80 176.18 179.34 171.96

Australian Strategic Materials Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only 176.18 189.64 179.34 172.34 171.96

Australian Strategic Materials 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.

Australian Strategic Materials's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=135.853+36.103
=171.96

Australian Strategic Materials's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=135.853+36.103
=171.96

* 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.

Australian Strategic Materials  (OTCPK:ASMMF) Total Assets Explanation

Total Assets is connected with ROA %.

Australian Strategic Materials's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-21.978/( (172.34+171.956)/ 2 )
=-21.978/172.148
=-12.77 %

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

Australian Strategic Materials's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-0.396/( (172.34+171.956)/ 2 )
=-0.396/172.148
=-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.

Australian Strategic Materials Total Assets Related Terms

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Australian Strategic Materials Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Australian Strategic Materials Ltd (OTCPK:ASMMF) » Definitions » Total Assets
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Traded in Other Exchanges
ASM:Australia
Address
66 Kings Park Road, Level 4, West Perth, Perth, WA, AUS, 6005
Website
https://www.asm-au.com
Australian Strategic Materials Ltd is engaged in the business of producing and mining specialty metal and oxides. The product portfolio includes neodymium, praseodymium, zirconium, hafnium, dysprosium, terbium and niobium oxides. Its Dubbo Project includes Central Western New South Wales, Australia. The company's segment includes Corporate, Dubbo, and Korea. The company generates majority of its revenue from Korea, which includes the Korean Metals Plant.

Australian Strategic Materials Headlines

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