McLaren Minerals (ASX:MML) Total Assets : A$3.19 Mil (As of Dec. 2024)

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What is McLaren Minerals Total Assets?

McLaren Minerals's Total Assets for the quarter that ended in Dec. 2024 was A$3.19 Mil.

During the past 12 months, McLaren Minerals's average Total Assets Growth Rate was 80.50% per year. During the past 3 years, the average Total Assets Growth Rate was 73.30% per year.

During the past 4 years, McLaren Minerals's highest 3-Year average Total Assets Growth Rate was 73.30%. The lowest was 73.30%. And the median was 73.30%.

Total Assets is connected with ROA %. McLaren Minerals's annualized ROA % for the quarter that ended in Dec. 2024 was -69.60%. Total Assets is also linked to Revenue through Asset Turnover. McLaren Minerals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

McLaren Minerals Total Assets Historical Data

The historical data trend for McLaren Minerals'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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McLaren Minerals Total Assets Chart

McLaren Minerals Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Total Assets

6.19

5.81

4.46

3.10

McLaren Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial			5.02	4.46	3.78	3.10	3.19

McLaren Minerals 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.

McLaren Minerals'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 )
	=	2.861	+	0.241
	=	3.10

McLaren Minerals's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	2.684	+	0.507
	=	3.19

McLaren Minerals (ASX:MML) Total Assets Explanation

Total Assets is connected with ROA %.

McLaren Minerals's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-2.19	/	( (3.101	+	3.192)	/ 2 )
	=	-2.19	/	3.1465
	=	-69.60 %

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

McLaren Minerals's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0	/	( (3.101	+	3.192)	/ 2 )
=	0	/	3.1465
=	0.00

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.

McLaren Minerals Total Assets Related Terms

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McLaren Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McLaren Minerals Ltd (ASX:MML) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

U770:Germany

Address

Unit A8, 435 Roberts Road, Subiaco, WA, AUS, 6008

Website

https://www.allupsilica.com

McLaren Minerals Ltd, formerly Allup Silica Ltd is a silica exploration company focused on the future development of its silica sand tenements located across several exploration project locations in Western Australia. The projects of the company include Sparkler, Pink Bark, Esperance Sands, and Cabbage Spot.

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