Revolver Resources Holdings (ASX:RRR) Total Assets : A$26.31 Mil (As of Dec. 2023)

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What is Revolver Resources Holdings Total Assets?

Revolver Resources Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$26.31 Mil.

During the past 12 months, Revolver Resources Holdings's average Total Assets Growth Rate was 23.00% per year.

Total Assets is connected with ROA %. Revolver Resources Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -10.11%. Total Assets is also linked to Revenue through Asset Turnover. Revolver Resources Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Revolver Resources Holdings Total Assets Historical Data

The historical data trend for Revolver Resources Holdings'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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Revolver Resources Holdings Total Assets Chart

Revolver Resources Holdings Annual Data

Trend

Jun22

Jun23

Total Assets

22.23

23.91

Revolver Resources Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	22.84	22.23	23.17	23.91	26.31

Revolver Resources Holdings 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.

Revolver Resources Holdings'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 )
	=	22.806	+	1.101
	=	23.91

Revolver Resources Holdings'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 )
	=	25.942	+	0.372
	=	26.31

Revolver Resources Holdings (ASX:RRR) Total Assets Explanation

Total Assets is connected with ROA %.

Revolver Resources Holdings'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 )
	=	-2.538	/	( (23.906	+	26.314)	/ 2 )
	=	-2.538	/	25.11
	=	-10.11 %

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.

Revolver Resources Holdings'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	/	( (23.906	+	26.314)	/ 2 )
=	0	/	25.11
=	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.

Revolver Resources Holdings Total Assets Related Terms

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Revolver Resources Holdings (ASX:RRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Revolver Resources Holdings Ltd (ASX:RRR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 23, 240 Queen Street, Brisbane, QLD, AUS, 4000

Website

https://www.revolverresources.com.au

Revolver Resources Holdings Ltd is focused on the development of natural resources for the world's accelerating electrification. Its near-term focus is the exploration and development of copper projects in Queensland. It has one operating segment which is mining exploration. The company projects comprise the Dianne project and Project Osprey. Geographically, the company operates within Australia.