Arafura Rare Earths (ASX:ARU) Total Assets : A$207.16 Mil (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Arafura Rare Earths Total Assets?

Arafura Rare Earths's Total Assets for the quarter that ended in Dec. 2023 was A$207.16 Mil.

During the past 12 months, Arafura Rare Earths's average Total Assets Growth Rate was -2.10% per year. During the past 3 years, the average Total Assets Growth Rate was 3.70% per year. During the past 5 years, the average Total Assets Growth Rate was 5.20% per year. During the past 10 years, the average Total Assets Growth Rate was 2.40% per year.

During the past 13 years, Arafura Rare Earths's highest 3-Year average Total Assets Growth Rate was 174.90%. The lowest was -7.60%. And the median was 6.60%.

Total Assets is connected with ROA %. Arafura Rare Earths's annualized ROA % for the quarter that ended in Dec. 2023 was -57.31%. Total Assets is also linked to Revenue through Asset Turnover. Arafura Rare Earths's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Arafura Rare Earths Total Assets Historical Data

The historical data trend for Arafura Rare Earths'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.

Arafura Rare Earths Total Assets Chart

Arafura Rare Earths Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

Get a 7-Day Free Trial

131.38

125.53

143.32

259.53

170.09

Arafura Rare Earths Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															143.32	245.56	259.53	207.16	170.09

Arafura Rare Earths 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.

Arafura Rare Earths'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 )
	=	144.114	+	25.976
	=	170.09

Arafura Rare Earths's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	171.763	+	35.4
	=	207.16

Arafura Rare Earths (ASX:ARU) Total Assets Explanation

Total Assets is connected with ROA %.

Arafura Rare Earths's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-133.73	/	( (259.532	+	207.163)	/ 2 )
	=	-133.73	/	233.3475
	=	-57.31 %

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

Arafura Rare Earths's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (259.532	+	207.163)	/ 2 )
=	0	/	233.3475
=	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.

Arafura Rare Earths Total Assets Related Terms

Thank you for viewing the detailed overview of Arafura Rare Earths's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Arafura Rare Earths Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arafura Rare Earths Ltd (ASX:ARU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ARAFF:USA REB:Germany REB:Germany REB:Germany

Address

432 Murray Street, Level 6, Perth, WA, AUS, 6000

Website

https://www.arultd.com

Arafura Rare Earths Ltd is engaged in mineral exploration, definition, and development of Neodymium-Praseodymium oxide and Mixed middle-heavy rare earth oxide products, mining and associated infrastructure, social and environmental feasibility evaluations, and Nolans Project engineering studies. Its products are used in catalytic converters in automobiles, consumer electronics, energy-efficiency lighting, optics, super alloys, advanced ceramics, and high-strength magnets.