Solara Minerals (ASX:SLA) Total Assets : A$7.28 Mil (As of Dec. 2024)

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What is Solara Minerals Total Assets?

Solara Minerals's Total Assets for the quarter that ended in Dec. 2024 was A$7.28 Mil.

During the past 12 months, Solara Minerals's average Total Assets Growth Rate was 17.50% per year. During the past 3 years, the average Total Assets Growth Rate was 101.60% per year.

During the past 3 years, Solara Minerals's highest 3-Year average Total Assets Growth Rate was 101.60%. The lowest was 101.60%. And the median was 101.60%.

Total Assets is connected with ROA %. Solara Minerals's annualized ROA % for the quarter that ended in Dec. 2024 was -6.90%. Total Assets is also linked to Revenue through Asset Turnover. Solara Minerals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Solara Minerals Total Assets Historical Data

The historical data trend for Solara Minerals'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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Solara Minerals Total Assets Chart

Solara Minerals Annual Data

Trend

Jun22

Jun23

Jun24

Total Assets

5.61

4.23

7.21

Solara Minerals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial			5.17	4.23	5.38	7.21	7.28

Solara Minerals 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.

Solara Minerals'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 )
	=	7.113	+	0.097
	=	7.21

Solara Minerals'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 )
	=	6.916	+	0.366
	=	7.28

Solara Minerals (ASX:SLA) Total Assets Explanation

Total Assets is connected with ROA %.

Solara Minerals'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 )
	=	-0.5	/	( (7.211	+	7.283)	/ 2 )
	=	-0.5	/	7.247
	=	-6.90 %

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.

Solara Minerals'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	/	( (7.211	+	7.283)	/ 2 )
=	0	/	7.247
=	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.

Solara Minerals Total Assets Related Terms

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Solara Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Solara Minerals Ltd (ASX:SLA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Mount Street, Level 2, Perth, WA, AUS, 6000

Website

https://www.lycaonresources.com

Lycaon Resources Ltd is engaged in the exploration and development of mineral resource opportunities. It operates through three projects West Arunta, Bow River and Myrnas project.

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