Clara Resources Australia (ASX:C7A) Total Assets : A$9.27 Mil (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Clara Resources Australia Total Assets?

Clara Resources Australia's Total Assets for the quarter that ended in Dec. 2023 was A$9.27 Mil.

During the past 12 months, Clara Resources Australia's average Total Assets Growth Rate was -47.10% per year. During the past 3 years, the average Total Assets Growth Rate was -1.20% per year. During the past 5 years, the average Total Assets Growth Rate was 4.40% per year. During the past 10 years, the average Total Assets Growth Rate was 5.70% per year.

During the past 13 years, Clara Resources Australia's highest 3-Year average Total Assets Growth Rate was 26.00%. The lowest was -1.20%. And the median was 6.85%.

Total Assets is connected with ROA %. Clara Resources Australia's annualized ROA % for the quarter that ended in Dec. 2023 was -73.52%. Total Assets is also linked to Revenue through Asset Turnover. Clara Resources Australia's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Clara Resources Australia Total Assets Historical Data

The historical data trend for Clara Resources Australia'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.

Clara Resources Australia Total Assets Chart

Clara Resources Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

13.26

12.50

17.26

20.65

13.88

Clara Resources Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															12.09	20.65	16.70	13.88	9.27

Clara Resources Australia 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.

Clara Resources Australia'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 )
	=	12.646	+	1.232
	=	13.88

Clara Resources Australia'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 )
	=	8.489	+	0.782
	=	9.27

Clara Resources Australia (ASX:C7A) Total Assets Explanation

Total Assets is connected with ROA %.

Clara Resources Australia'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 )
	=	-8.51	/	( (13.878	+	9.271)	/ 2 )
	=	-8.51	/	11.5745
	=	-73.52 %

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.

Clara Resources Australia'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	/	( (13.878	+	9.271)	/ 2 )
=	0	/	11.5745
=	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.

Clara Resources Australia Total Assets Related Terms

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

Clara Resources Australia (ASX:C7A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Clara Resources Australia Ltd (ASX:C7A) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Eagle Street, Level 27, Brisbane, QLD, AUS, 4000

Website

https://www.clararesources.com.au

Clara Resources Australia Ltd is an Australia-based multi-commodity exploration and production company. The projects of the company are Taronga Tin Project, Granville Tin project, Mackenzie coal project, Ashford Coking Coal Project, Kilkivan Project, Mt cobalt, and Pembroke project. The company's principal activities includes exploration for coal, nickel, and other commodities.

Clara Resources Australia (ASX:C7A) Headlines

No Headlines