Asian Battery Metals (ASX:AZ9) Total Assets : A$10.60 Mil (As of Jun. 2024)

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What is Asian Battery Metals Total Assets?

Asian Battery Metals's Total Assets for the quarter that ended in Jun. 2024 was A$10.60 Mil.

During the past 12 months, Asian Battery Metals's average Total Assets Growth Rate was 23600.00% per year. During the past 3 years, the average Total Assets Growth Rate was -78.80% per year. During the past 5 years, the average Total Assets Growth Rate was -73.50% per year.

During the past 7 years, Asian Battery Metals's highest 3-Year average Total Assets Growth Rate was -36.50%. The lowest was -81.50%. And the median was -69.45%.

Total Assets is connected with ROA %. Asian Battery Metals's annualized ROA % for the quarter that ended in Jun. 2024 was -166.47%. Total Assets is also linked to Revenue through Asset Turnover. Asian Battery Metals's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Asian Battery Metals Total Assets Historical Data

The historical data trend for Asian Battery Metals'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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Asian Battery Metals Total Assets Chart

Asian Battery Metals Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4.70

3.12

3.79

2.69

2.24

Asian Battery Metals Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial									3.45	2.69	2.57	2.24	10.60

Asian Battery Metals 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.

Asian Battery Metals's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2.088	+	0.153
	=	2.24

Asian Battery Metals'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 )
	=	9.7	+	0.9
	=	10.60

Asian Battery Metals (ASX:AZ9) Total Assets Explanation

Total Assets is connected with ROA %.

Asian Battery Metals'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 )
	=	-10.688	/	( (2.241	+	10.6)	/ 2 )
	=	-10.688	/	6.4205
	=	-166.47 %

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.

Asian Battery Metals'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	/	( (2.241	+	10.6)	/ 2 )
=	0	/	6.4205
=	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.

Asian Battery Metals Total Assets Related Terms

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Asian Battery Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asian Battery Metals PLC (ASX:AZ9) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

UKN:Germany

Address

88 William Street, Level 3, Perth, WA, AUS, 6000

Website

https://asianbatterymetals.com

Asian Battery Metals PLC an Australian exploration company that is exploring critical battery minerals in Mongolia. Its project include Khukh Tag graphite project, Tsagaan Ders lithium project, Oval Ni-Cu-PGE (Yambat) project, etc.

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