International Graphite (ASX:IG6) Total Assets : A$17.13 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is International Graphite Total Assets?

International Graphite's Total Assets for the quarter that ended in Dec. 2023 was A$17.13 Mil.

During the past 12 months, International Graphite's average Total Assets Growth Rate was 11.60% per year.

Total Assets is connected with ROA %. International Graphite's annualized ROA % for the quarter that ended in Dec. 2023 was -22.29%. Total Assets is also linked to Revenue through Asset Turnover. International Graphite's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

International Graphite Total Assets Historical Data

The historical data trend for International Graphite'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.

International Graphite Total Assets Chart

International Graphite Annual Data

Trend

Jun22

Jun23

Total Assets

18.78

18.10

International Graphite Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	19.43	18.78	18.91	18.10	17.13

International Graphite 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.

International Graphite'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 )
	=	15.717	+	2.379
	=	18.10

International Graphite'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 )
	=	14.381	+	2.752
	=	17.13

International Graphite (ASX:IG6) Total Assets Explanation

Total Assets is connected with ROA %.

International Graphite'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 )
	=	-3.926	/	( (18.095	+	17.133)	/ 2 )
	=	-3.926	/	17.614
	=	-22.29 %

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.

International Graphite'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	/	( (18.095	+	17.133)	/ 2 )
=	0	/	17.614
=	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.

International Graphite Total Assets Related Terms

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

International Graphite (ASX:IG6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Graphite Ltd (ASX:IG6) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

H99:Germany

Address

333 Charles Street, Level 1, North Perth, Perth, WA, AUS, 6006

Website

https://www.internationalgraphite.technology

International Graphite Ltd is engaged in the processing, treatment and production of graphite. The company intends to develop a downstream graphite processing business to treat mined graphite concentrates and produce finished graphite products for specialised industrial applications and Battery Anode Material (BAM) to meet projected global of lithium-ion batteries. Western Australia is developing a battery hub in the southwest of the state to feed the growing international battery demand. The company plans to be an integral part of this battery commodity supply chain in Western Australia and internationally.

International Graphite (ASX:IG6) Headlines

No Headlines