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Macro Metals (ASX:M4M) Total Assets : A$7.42 Mil (As of Dec. 2024)


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What is Macro Metals Total Assets?

Macro Metals's Total Assets for the quarter that ended in Dec. 2024 was A$7.42 Mil.

During the past 12 months, Macro Metals's average Total Assets Growth Rate was 5.50% per year. During the past 3 years, the average Total Assets Growth Rate was 287.60% per year. During the past 5 years, the average Total Assets Growth Rate was 152.60% per year. During the past 10 years, the average Total Assets Growth Rate was 1.40% per year.

During the past 13 years, Macro Metals's highest 3-Year average Total Assets Growth Rate was 591.00%. The lowest was -93.90%. And the median was 18.55%.

Total Assets is connected with ROA %. Macro Metals's annualized ROA % for the quarter that ended in Dec. 2024 was -108.27%. Total Assets is also linked to Revenue through Asset Turnover. Macro Metals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.


Macro Metals Total Assets Historical Data

The historical data trend for Macro Metals'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.

Macro Metals Total Assets Chart

Macro Metals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 3.05 6.89 5.99 9.41

Macro Metals 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 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 6.64 5.99 7.14 9.41 7.42

Macro Metals 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.

Macro Metals'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 )
=8.648+0.76
=9.41

Macro Metals'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 )
=6.164+1.256
=7.42

* 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.


Macro Metals  (ASX:M4M) Total Assets Explanation

Total Assets is connected with ROA %.

Macro Metals'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 )
=-9.11/( (9.409+7.42)/ 2 )
=-9.11/8.4145
=-108.27 %

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.

Macro Metals'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/( (9.409+7.42)/ 2 )
=0/8.4145
=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.

Macro Metals Total Assets Related Terms

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Macro Metals Business Description

Traded in Other Exchanges
N/A
Address
513 Hay Street, Suite 23, Subaico, Perth, WA, AUS, 6008
Macro Metals Ltd is a mineral exploration company. The principal activities of the company consist of exploration and evaluation of WA iron ore tenements, acquisition of additional prospective tenements in WA, proposed acquisition of Chilean lithium projects and continued evaluation of Agbaja Cast Steel Project. It operates in one industry segment, which is mineral exploration, evaluation, and development, and operates in two geographic segments: the Federal Republic of Nigeria and Australia.

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