Podium Minerals (ASX:POD) Total Assets : A$23.32 Mil (As of Dec. 2023)

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What is Podium Minerals Total Assets?

Podium Minerals's Total Assets for the quarter that ended in Dec. 2023 was A$23.32 Mil.

During the past 12 months, Podium Minerals's average Total Assets Growth Rate was 3.60% per year. During the past 3 years, the average Total Assets Growth Rate was 27.10% per year. During the past 5 years, the average Total Assets Growth Rate was 11.40% per year.

During the past 8 years, Podium Minerals's highest 3-Year average Total Assets Growth Rate was 27.10%. The lowest was -5.80%. And the median was 6.45%.

Total Assets is connected with ROA %. Podium Minerals's annualized ROA % for the quarter that ended in Dec. 2023 was -10.39%. Total Assets is also linked to Revenue through Asset Turnover. Podium Minerals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Podium Minerals Total Assets Historical Data

The historical data trend for Podium 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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Podium Minerals Total Assets Chart

Podium Minerals Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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11.58

13.24

19.06

22.43

22.41

Podium Minerals Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial								19.06	22.20	22.43	23.32	22.41

Podium 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.

Podium Minerals'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 )
	=	21.785	+	0.641
	=	22.43

Podium Minerals'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 )
	=	22.816	+	0.502
	=	23.32

Podium Minerals (ASX:POD) Total Assets Explanation

Total Assets is connected with ROA %.

Podium Minerals'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 )
	=	-2.376	/	( (22.426	+	23.318)	/ 2 )
	=	-2.376	/	22.872
	=	-10.39 %

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.

Podium Minerals'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	/	( (22.426	+	23.318)	/ 2 )
=	0	/	22.872
=	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.

Podium Minerals Total Assets Related Terms

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Podium Minerals Business Description

Industry

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

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55D:Germany

Address

43 Stirling Highway, Level 1, Nedlands, WA, AUS, 6009

Website

https://www.podiumminerals.com

Podium Minerals Ltd is an exploration and resources development company focused on platinum group metals, gold, and nickel-copper sulphides. The company's project profile includes Parks Reef Project; WRC Ni-Cu Sulphide Project and others. It operates in a single segment being exploration activities undertaken within Australia.

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