Cannindah Resources (ASX:CAE) Total Assets : A$21.58 Mil (As of Dec. 2024)

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What is Cannindah Resources Total Assets?

Cannindah Resources's Total Assets for the quarter that ended in Dec. 2024 was A$21.58 Mil.

During the past 12 months, Cannindah Resources's average Total Assets Growth Rate was 3.20% per year. During the past 3 years, the average Total Assets Growth Rate was 35.40% per year. During the past 5 years, the average Total Assets Growth Rate was 35.60% per year. During the past 10 years, the average Total Assets Growth Rate was 19.10% per year.

During the past 13 years, Cannindah Resources's highest 3-Year average Total Assets Growth Rate was 179.20%. The lowest was -47.80%. And the median was 11.95%.

Total Assets is connected with ROA %. Cannindah Resources's annualized ROA % for the quarter that ended in Dec. 2024 was -5.11%. Total Assets is also linked to Revenue through Asset Turnover. Cannindah Resources's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Cannindah Resources Total Assets Historical Data

The historical data trend for Cannindah Resources'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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Cannindah Resources Total Assets Chart

Cannindah Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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4.91

8.46

12.38

16.83

17.83

Cannindah Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial															13.88	16.83	18.04	17.83	21.58

Cannindah Resources 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.

Cannindah Resources'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 )
	=	14.714	+	3.113
	=	17.83

Cannindah Resources'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 )
	=	19.878	+	1.698
	=	21.58

Cannindah Resources (ASX:CAE) Total Assets Explanation

Total Assets is connected with ROA %.

Cannindah Resources'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 )
	=	-1.006	/	( (17.827	+	21.576)	/ 2 )
	=	-1.006	/	19.7015
	=	-5.11 %

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.

Cannindah Resources'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	/	( (17.827	+	21.576)	/ 2 )
=	0	/	19.7015
=	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.

Cannindah Resources Total Assets Related Terms

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Cannindah Resources Business Description

Industry

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

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Traded in Other Exchanges

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Address

16 Queensland Avenue, Office 4D, 4th Floor, Broadbeach, QLD, AUS, 4218

Website

https://www.cannindah.com.au

Cannindah Resources Ltd is an Australia-based exploration and resource development company. The company is engaged in mineral exploration, evaluation, and progressing the development of its various mineral projects. The company focuses on copper and gold with projects based in Queensland, Australia. The company holds an interest in the Mount Cannindah copper-gold project, Piccadilly project, and others.