Basin Energy (ASX:BSN) Total Assets : A$11.03 Mil (As of Dec. 2023)

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What is Basin Energy Total Assets?

Basin Energy's Total Assets for the quarter that ended in Dec. 2023 was A$11.03 Mil.

During the past 12 months, Basin Energy's average Total Assets Growth Rate was 88.20% per year.

Total Assets is connected with ROA %. Basin Energy's annualized ROA % for the quarter that ended in Dec. 2023 was -11.02%. Total Assets is also linked to Revenue through Asset Turnover. Basin Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Basin Energy Total Assets Historical Data

The historical data trend for Basin Energy'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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Basin Energy Total Assets Chart

Basin Energy Annual Data

Trend

Jun22

Jun23

Jun24

Total Assets

12.15

11.34

11.97

Basin Energy Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Total Assets	11.74	11.34	11.03	11.97

Basin Energy 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.

Basin Energy's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	11.232	+	0.109
	=	11.34

Basin Energy'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 )
	=	10.896	+	0.13
	=	11.03

Basin Energy (ASX:BSN) Total Assets Explanation

Total Assets is connected with ROA %.

Basin Energy'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 )
	=	-1.232	/	( (11.342	+	11.026)	/ 2 )
	=	-1.232	/	11.184
	=	-11.02 %

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.

Basin Energy'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	/	( (11.342	+	11.026)	/ 2 )
=	0	/	11.184
=	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.

Basin Energy Total Assets Related Terms

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Basin Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Basin Energy Ltd (ASX:BSN) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

3 Ord Street, Level 1, West Perth, WA, AUS, 6005

Website

https://www.basinenergy.com.au

Basin Energy Ltd is an early-stage mineral exploration and development company focused on uranium projects located in Canada. The company holds interests in the Marshall, Geikie, and North Millennium Projects. Each of the Projects is a prospective uranium exploration project.