Pearl Gull Iron (ASX:PLG) Total Assets : A$9.48 Mil (As of Dec. 2024)

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What is Pearl Gull Iron Total Assets?

Pearl Gull Iron's Total Assets for the quarter that ended in Dec. 2024 was A$9.48 Mil.

During the past 12 months, Pearl Gull Iron's average Total Assets Growth Rate was -2.50% per year.

Total Assets is connected with ROA %. Pearl Gull Iron's annualized ROA % for the quarter that ended in Dec. 2024 was -14.09%. Total Assets is also linked to Revenue through Asset Turnover. Pearl Gull Iron's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Pearl Gull Iron Total Assets Historical Data

The historical data trend for Pearl Gull Iron'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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Pearl Gull Iron Total Assets Chart

Pearl Gull Iron Annual Data

Trend

Jun22

Jun23

Jun24

Total Assets

10.16

11.19

10.17

Pearl Gull Iron Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial			10.35	11.19	10.81	10.17	9.48

Pearl Gull Iron 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.

Pearl Gull Iron'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 )
	=	2.534	+	7.635
	=	10.17

Pearl Gull Iron'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 )
	=	1.842	+	7.634
	=	9.48

Pearl Gull Iron (ASX:PLG) Total Assets Explanation

Total Assets is connected with ROA %.

Pearl Gull Iron'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 )
	=	-1.384	/	( (10.169	+	9.477)	/ 2 )
	=	-1.384	/	9.823
	=	-14.09 %

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.

Pearl Gull Iron'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	/	( (10.169	+	9.477)	/ 2 )
=	0	/	9.823
=	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.

Pearl Gull Iron Total Assets Related Terms

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Pearl Gull Iron Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pearl Gull Iron Ltd (ASX:PLG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

513 Hay Street, Suite 23, Subiaco, WA, AUS, 6008

Website

https://www.pearlgulliron.com.au

Pearl Gull Iron Ltd is an iron ore exploration and development company with mining title over a portion of Cockatoo Island situated off the coast of Northwest Australia. The Company has only one operating segment, exploration.