Ordell Minerals (ASX:ORD) Total Assets : A$6.31 Mil (As of Dec. 2024)

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What is Ordell Minerals Total Assets?

Ordell Minerals's Total Assets for the quarter that ended in Dec. 2024 was A$6.31 Mil.

Total Assets is connected with ROA %. Ordell Minerals's annualized ROA % for the quarter that ended in Dec. 2024 was -88.60%. Total Assets is also linked to Revenue through Asset Turnover. Ordell Minerals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Ordell Minerals Total Assets Historical Data

The historical data trend for Ordell 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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Ordell Minerals Total Assets Chart

Ordell Minerals Annual Data

Trend

Total Assets

Ordell Minerals Semi-Annual Data
	Jun24	Dec24
Total Assets	0.60	6.31

Ordell 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.

Ordell Minerals's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets	=	Total Equity (A: . 20 )	+	Total Liabilities (A: . 20 )
	=	N/A	+	N/A
	=	N/A

Ordell 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 )
	=	5.953	+	0.354
	=	6.31

Ordell Minerals (ASX:ORD) Total Assets Explanation

Total Assets is connected with ROA %.

Ordell 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 )
	=	-3.062	/	( (0.604	+	6.308)	/ 2 )
	=	-3.062	/	3.456
	=	-88.60 %

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.

Ordell 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	/	( (0.604	+	6.308)	/ 2 )
=	0	/	3.456
=	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.

Ordell Minerals Total Assets Related Terms

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Ordell Minerals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 13, 6 – 10 Douro Place, West Perth, WA, AUS

Website

https://www.ordellminerals.com.au

Ordell Minerals Ltd is a Company engaged in exploration of and, where appropriate, development of its Projects possessing gold and/or lithium and other metals and minerals. The Company's motive is to build Shareholder value by acquiring, exploring and exploiting its mineral resource prospects. The company's three main mineral projects include an approximate eighty percent interest in the Barimaia Project (gold), Hundred percent ownership of the Goodia Project (lithium and gold), and Hundred percent ownership of the Fisher South Project (gold).

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