Saturn Metals (ASX:STN) Total Assets : A$44.61 Mil (As of Dec. 2023)

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What is Saturn Metals Total Assets?

Saturn Metals's Total Assets for the quarter that ended in Dec. 2023 was A$44.61 Mil.

During the past 12 months, Saturn Metals's average Total Assets Growth Rate was 15.40% per year. During the past 3 years, the average Total Assets Growth Rate was 21.40% per year. During the past 5 years, the average Total Assets Growth Rate was 37.60% per year.

During the past 8 years, Saturn Metals's highest 3-Year average Total Assets Growth Rate was 61.90%. The lowest was 21.40%. And the median was 47.20%.

Total Assets is connected with ROA %. Saturn Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -6.47%. Total Assets is also linked to Revenue through Asset Turnover. Saturn Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Saturn Metals Total Assets Historical Data

The historical data trend for Saturn 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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Saturn Metals Total Assets Chart

Saturn Metals Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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17.90

30.98

36.06

38.86

44.91

Saturn Metals Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial								36.06	38.71	38.86	44.61	44.91

Saturn 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.

Saturn Metals'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 )
	=	42.809	+	2.103
	=	44.91

Saturn 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 )
	=	43.832	+	0.775
	=	44.61

Saturn Metals (ASX:STN) Total Assets Explanation

Total Assets is connected with ROA %.

Saturn 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 )
	=	-2.7	/	( (38.861	+	44.607)	/ 2 )
	=	-2.7	/	41.734
	=	-6.47 %

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.

Saturn 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	/	( (38.861	+	44.607)	/ 2 )
=	0	/	41.734
=	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.

Saturn Metals Total Assets Related Terms

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Saturn Metals Business Description

Industry

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

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Address

9 Havelock Street, West Perth, Perth, WA, AUS, 6000

Website

https://www.saturnmetals.com.au

Saturn Metals Ltd is an Australian-based mineral exploration company. It focuses on gold exploration. The company's project includes the Apollo Hill Project and the West Wyalong project. Its only operating segment is an exploration for precious metals at its tenement package, south of Leonora, Western Australia.