Great Southern Mining (ASX:GSN) Total Assets : A$13.44 Mil (As of Dec. 2023)

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What is Great Southern Mining Total Assets?

Great Southern Mining's Total Assets for the quarter that ended in Dec. 2023 was A$13.44 Mil.

During the past 12 months, Great Southern Mining's average Total Assets Growth Rate was 8.80% per year. During the past 3 years, the average Total Assets Growth Rate was 15.50% per year. During the past 5 years, the average Total Assets Growth Rate was 26.60% per year. During the past 10 years, the average Total Assets Growth Rate was 29.80% per year.

During the past 14 years, Great Southern Mining's highest 3-Year average Total Assets Growth Rate was 59.90%. The lowest was -7.90%. And the median was 27.55%.

Total Assets is connected with ROA %. Great Southern Mining's annualized ROA % for the quarter that ended in Dec. 2023 was -12.11%. Total Assets is also linked to Revenue through Asset Turnover. Great Southern Mining's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Great Southern Mining Total Assets Historical Data

The historical data trend for Great Southern Mining'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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Great Southern Mining Total Assets Chart

Great Southern Mining Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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10.64

9.09

11.01

13.26

13.72

Great Southern Mining Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															11.01	12.02	13.26	13.44	13.72

Great Southern Mining 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.

Great Southern Mining'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 )
	=	12.714	+	0.543
	=	13.26

Great Southern Mining'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 )
	=	12.973	+	0.464
	=	13.44

Great Southern Mining (ASX:GSN) Total Assets Explanation

Total Assets is connected with ROA %.

Great Southern Mining'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 )
	=	-1.616	/	( (13.256	+	13.438)	/ 2 )
	=	-1.616	/	13.347
	=	-12.11 %

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.

Great Southern Mining'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	/	( (13.256	+	13.438)	/ 2 )
=	0	/	13.347
=	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.

Great Southern Mining Total Assets Related Terms

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Great Southern Mining Business Description

Industry

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

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Address

213 Balcatta Road, Suite 4, Balcatta, WA, AUS, 6021

Website

https://www.gsml.com.au

Great Southern Mining Ltd engages in the exploration and evaluation of economic deposits in Australia. It explores for gold, silver, and other minerals. Its projects include Southern Star, Edinburgh Park, Mon Ami, and Others.

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