GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Olympio Metals Ltd (ASX:OLY) » Definitions » Total Assets

Olympio Metals (ASX:OLY) Total Assets : A$8.41 Mil (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Olympio Metals Total Assets?

Olympio Metals's Total Assets for the quarter that ended in Sep. 2023 was A$8.41 Mil.

During the past 12 months, Olympio Metals's average Total Assets Growth Rate was 111.70% per year. During the past 3 years, the average Total Assets Growth Rate was 851.90% per year. During the past 5 years, the average Total Assets Growth Rate was 8.20% per year.

During the past 7 years, Olympio Metals's highest 3-Year average Total Assets Growth Rate was 851.90%. The lowest was -90.40%. And the median was -28.20%.

Total Assets is connected with ROA %. Olympio Metals's annualized ROA % for the quarter that ended in Sep. 2023 was -53.21%. Total Assets is also linked to Revenue through Asset Turnover. Olympio Metals's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Olympio Metals Total Assets Historical Data

The historical data trend for Olympio 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.

Olympio Metals Total Assets Chart

Olympio Metals Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial 1.48 0.03 0.14 5.22 7.19

Olympio Metals Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.14 6.07 5.22 8.41 7.19

Olympio 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.

Olympio Metals's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=6.275+0.92
=7.20

Olympio Metals's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=7.599+0.806
=8.41

* 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.

Olympio Metals  (ASX:OLY) Total Assets Explanation

Total Assets is connected with ROA %.

Olympio Metals's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-3.626/( (5.223+8.405)/ 2 )
=-3.626/6.814
=-53.21 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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.

Olympio Metals's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (5.223+8.405)/ 2 )
=0/6.814
=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.

Olympio Metals Total Assets Related Terms

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

Olympio Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Olympio Metals Ltd (ASX:OLY) » Definitions » Total Assets
Comparable Companies
ASX:ARD ASX:CHW ASX:PEC ASX:LGM ASX:SBR ASX:CR9 ASX:SVG ASX:SLS ASX:RIE ASX:CLZ ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
N/A
Address
Level 4, 20 Customhouse Quay, DLA Piper, New Zealand, Wellington, NZL, 6011
Website
https://www.olympiometals.com.au
Olympio Metals Ltd is an exploration company with projects in the Goldfields and Eurelia in South Australia, Halls Creek project. The Company is organised into one segment which is being exploration for mineral resources and is organised in one geographical location which is United States.

Olympio Metals Headlines

No Headlines