Sunstone Metals (ASX:STM) Total Assets : A$81.69 Mil (As of Dec. 2023)

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What is Sunstone Metals Total Assets?

Sunstone Metals's Total Assets for the quarter that ended in Dec. 2023 was A$81.69 Mil.

During the past 12 months, Sunstone Metals's average Total Assets Growth Rate was 33.80% per year. During the past 3 years, the average Total Assets Growth Rate was 21.20% per year. During the past 5 years, the average Total Assets Growth Rate was 10.30% per year. During the past 10 years, the average Total Assets Growth Rate was 2.40% per year.

During the past 13 years, Sunstone Metals's highest 3-Year average Total Assets Growth Rate was 104.80%. The lowest was -12.30%. And the median was 17.00%.

Total Assets is connected with ROA %. Sunstone Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -2.24%. Total Assets is also linked to Revenue through Asset Turnover. Sunstone Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Sunstone Metals Total Assets Historical Data

The historical data trend for Sunstone Metals'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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Sunstone Metals Total Assets Chart

Sunstone Metals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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42.75

44.13

68.81

80.05

85.99

Sunstone Metals Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															68.81	68.72	80.05	81.69	85.99

Sunstone Metals 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.

Sunstone Metals'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 )
	=	78.144	+	1.907
	=	80.05

Sunstone Metals'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 )
	=	80.344	+	1.345
	=	81.69

Sunstone Metals (ASX:STM) Total Assets Explanation

Total Assets is connected with ROA %.

Sunstone Metals'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 )
	=	-1.814	/	( (80.051	+	81.689)	/ 2 )
	=	-1.814	/	80.87
	=	-2.24 %

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.

Sunstone Metals'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	/	( (80.051	+	81.689)	/ 2 )
=	0	/	80.87
=	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.

Sunstone Metals Total Assets Related Terms

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Sunstone Metals Business Description

Industry

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

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Address

9 Gardner Close, P.O. Box 1565, Milton, QLD, AUS, 4064

Website

https://www.sunstonemetals.com.au

Sunstone Metals Ltd is a mineral exploration company with high-quality gold and copper assets in Ecuador, Finland, and Sweden. Its assets include the Bramaderos Gold-Copper Project located in southern Ecuador and El Palmar Copper-Gold project which is located in northern Ecuador. The Australian region generates maximum revenue for the company.