C29 Metals (ASX:C29) Total Assets : A$9.10 Mil (As of Dec. 2024)

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What is C29 Metals Total Assets?

C29 Metals's Total Assets for the quarter that ended in Dec. 2024 was A$9.10 Mil.

During the past 12 months, C29 Metals's average Total Assets Growth Rate was 134.80% per year.

Total Assets is connected with ROA %. C29 Metals's annualized ROA % for the quarter that ended in Dec. 2024 was -26.19%. Total Assets is also linked to Revenue through Asset Turnover. C29 Metals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

C29 Metals Total Assets Historical Data

The historical data trend for C29 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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C29 Metals Total Assets Chart

C29 Metals Annual Data

Trend

Jun22

Jun23

Jun24

Total Assets

5.45

4.87

7.67

C29 Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial			6.40	4.87	3.74	7.67	9.10

C29 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.

C29 Metals'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 )
	=	7.439	+	0.234
	=	7.67

C29 Metals'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 )
	=	8.86	+	0.238
	=	9.10

C29 Metals (ASX:C29) Total Assets Explanation

Total Assets is connected with ROA %.

C29 Metals'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 )
	=	-2.196	/	( (7.673	+	9.098)	/ 2 )
	=	-2.196	/	8.3855
	=	-26.19 %

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.

C29 Metals'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	/	( (7.673	+	9.098)	/ 2 )
=	0	/	8.3855
=	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.

C29 Metals Total Assets Related Terms

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C29 Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » C29 Metals Ltd (ASX:C29) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Douro Place, Suite 4, West Perth, WA, AUS, 6005

Website

https://www.c29metals.com.au

C29 Metals Ltd is a minerals exploration company, engaged in identifying, exploring and developing prospective copper, gold and base metal assets throughout Australia. The company's projects include Sampson Tank, Reedy Creek Project, Torrens Projects, and Stadlers Project. It is organised into two operating segments, being the exploration of minerals in Australia and exploration of minerals in Kazakhstan.

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