Power Minerals (ASX:PNN) Total Assets : A$22.18 Mil (As of Dec. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Power Minerals Total Assets?

Power Minerals's Total Assets for the quarter that ended in Dec. 2024 was A$22.18 Mil.

During the past 12 months, Power Minerals's average Total Assets Growth Rate was -33.40% per year. During the past 3 years, the average Total Assets Growth Rate was 20.00% per year. During the past 5 years, the average Total Assets Growth Rate was 15.50% per year. During the past 10 years, the average Total Assets Growth Rate was 8.00% per year.

During the past 13 years, Power Minerals's highest 3-Year average Total Assets Growth Rate was 188.10%. The lowest was -16.60%. And the median was 8.70%.

Total Assets is connected with ROA %. Power Minerals's annualized ROA % for the quarter that ended in Dec. 2024 was -123.00%. Total Assets is also linked to Revenue through Asset Turnover. Power Minerals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Power Minerals Total Assets Historical Data

The historical data trend for Power 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.

* Premium members only.

Power Minerals Total Assets Chart

Power Minerals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

Get a 7-Day Free Trial

18.43

24.03

27.44

31.47

36.83

Power Minerals 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															32.31	31.47	35.12	36.83	22.18

Power 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.

Power Minerals'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 )
	=	34.837	+	1.996
	=	36.83

Power 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 )
	=	20.615	+	1.561
	=	22.18

Power Minerals (ASX:PNN) Total Assets Explanation

Total Assets is connected with ROA %.

Power 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 )
	=	-36.29	/	( (36.833	+	22.177)	/ 2 )
	=	-36.29	/	29.505
	=	-123.00 %

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.

Power 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 )
=	0.056	/	( (36.833	+	22.177)	/ 2 )
=	0.056	/	29.505
=	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.

Power Minerals Total Assets Related Terms

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

Power Minerals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PMQ:Germany

Address

68 North Terrace, Unit 6, Kent Town, SA, AUS, 5067

Website

https://www.powerminerals.com.au

Power Minerals Ltd is a mineral resources exploration company with a portfolio of projects in demand driven commodities, and is focused on systematic exploration and development projects. It includes the Salta Lithium Brine Project in the prolific lithium triangle in the Salta Province in Argentina, the Eyre Peninsula Kaolin-Halloysite Project, strategically located on the Eyre Peninsula in South Australia, and the Musgrave Nickel-Copper-Cobalt-PGE Project in the Musgrave Province in northern South Australia. The company also holds the Santa Ines Copper-Gold Project in Argentina, located in the same geological setting as BHP's world-class, nearby Escondida Copper-Gold Mine in Chile.

Power Minerals Headlines

No Headlines