Peel Mining (ASX:PEX) Total Assets : A$113.31 Mil (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Peel Mining Total Assets?

Peel Mining's Total Assets for the quarter that ended in Dec. 2023 was A$113.31 Mil.

During the past 12 months, Peel Mining's average Total Assets Growth Rate was 4.40% per year. During the past 3 years, the average Total Assets Growth Rate was 29.70% per year. During the past 5 years, the average Total Assets Growth Rate was 29.00% per year. During the past 10 years, the average Total Assets Growth Rate was 29.40% per year.

During the past 13 years, Peel Mining's highest 3-Year average Total Assets Growth Rate was 249.70%. The lowest was 13.90%. And the median was 33.10%.

Total Assets is connected with ROA %. Peel Mining's annualized ROA % for the quarter that ended in Dec. 2023 was -1.42%. Total Assets is also linked to Revenue through Asset Turnover. Peel Mining's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Peel Mining Total Assets Historical Data

The historical data trend for Peel Mining'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.

Peel Mining Total Assets Chart

Peel Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

49.59

54.85

91.28

117.28

113.92

Peel Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															90.10	117.28	114.49	113.92	113.31

Peel Mining 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.

Peel Mining'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 )
	=	111.478	+	2.442
	=	113.92

Peel Mining'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 )
	=	110.781	+	2.533
	=	113.31

Peel Mining (ASX:PEX) Total Assets Explanation

Total Assets is connected with ROA %.

Peel Mining'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 )
	=	-1.614	/	( (113.921	+	113.314)	/ 2 )
	=	-1.614	/	113.6175
	=	-1.42 %

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.

Peel Mining'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 )
=	0.001	/	( (113.921	+	113.314)	/ 2 )
=	0.001	/	113.6175
=	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.

Peel Mining Total Assets Related Terms

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

Peel Mining (ASX:PEX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

W5E:Germany

Address

34 Kings Park Road, Unit 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.peelmining.com.au

Peel Mining Ltd is an Australian company focused on exploring and developing precious, base, and specialty metals resources in New South Wales. The company operates through mineral exploration and development in New South Wales segment. Its projects include Mallee bull, South Cobar, Superbasin Project, May Day and Wagga Tank Project.