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Conico (ASX:CNJ) Total Assets : A$37.25 Mil (As of Dec. 2023)


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What is Conico Total Assets?

Conico's Total Assets for the quarter that ended in Dec. 2023 was A$37.25 Mil.

During the past 12 months, Conico's average Total Assets Growth Rate was 3.70% per year. During the past 3 years, the average Total Assets Growth Rate was 32.90% per year. During the past 5 years, the average Total Assets Growth Rate was 21.50% per year. During the past 10 years, the average Total Assets Growth Rate was 8.40% per year.

During the past 13 years, Conico's highest 3-Year average Total Assets Growth Rate was 388.40%. The lowest was -0.20%. And the median was 1.80%.

Total Assets is connected with ROA %. Conico's annualized ROA % for the quarter that ended in Dec. 2023 was -1.84%. Total Assets is also linked to Revenue through Asset Turnover. Conico's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Conico Total Assets Historical Data

The historical data trend for Conico'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.

Conico Total Assets Chart

Conico Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.62 16.12 26.56 34.32 38.22

Conico 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.40 34.32 36.52 38.22 37.25

Conico 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.

Conico'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 )
=37.67+0.551
=38.22

Conico'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 )
=36.931+0.316
=37.25

* 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.


Conico  (ASX:CNJ) Total Assets Explanation

Total Assets is connected with ROA %.

Conico'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 )
=-0.696/( (38.222+37.248)/ 2 )
=-0.696/37.735
=-1.84 %

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.

Conico'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/( (38.222+37.248)/ 2 )
=0/37.735
=0.00

* 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.

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.

Conico Total Assets Related Terms

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Conico (ASX:CNJ) Business Description

Traded in Other Exchanges
Address
197 St George’s Terrace, Level 15, Perth, WA, AUS, 6000
Conico Ltd is engaged in the mineral exploration and development of cobalt, nickel, and manganese. The project of the company includes Mt Thirsty Project, Ryberg Project, Greenland and many more.

Conico (ASX:CNJ) Headlines

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