Thomson Resources (ASX:TMZO) Total Assets: A$24.58 Mil (As of Dec. 2023)


What is Thomson Resources Total Assets?

Thomson Resources ASX:TMZO Total Assets is A$24.58 Mil as of Dec. 2023. The stock has 4 warning signs investors should review.

Thomson Resources's Total Assets for the quarter that ended in Dec. 2023 was A$24.58 Mil.

During the past 12 months, Thomson Resources's average Total Assets Growth Rate was -1.70% per year. During the past 3 years, the average Total Assets Growth Rate was 16.20% per year. During the past 5 years, the average Total Assets Growth Rate was 74.30% per year. During the past 10 years, the average Total Assets Growth Rate was 35.10% per year.

During the past 13 years, Thomson Resources's highest 3-Year average Total Assets Growth Rate was 161.30%. The lowest was -19.00%. And the median was 5.40%.

Total Assets is connected with ROA %. Thomson Resources's annualized ROA % for the quarter that ended in Dec. 2023 was -5.70%. Total Assets is also linked to Revenue through Asset Turnover. Thomson Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Thomson Resources  (ASX:TMZO) Total Assets Explanation

Total Assets is connected with ROA %.

Thomson Resources'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 )
=-1.404/( (24.696+24.584)/ 2 )
=-1.404/24.64
=-5.70 %

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.

Thomson Resources'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/( (24.696+24.584)/ 2 )
=0/24.64
=0.00

* 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.

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.

Thomson Resources Total Assets Related Terms

Thomson Resources Total Assets Historical Data

* Premium members only.

The historical data trend for Thomson Resources'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.

Thomson Resources Total Assets Chart

Thomson Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 22.12 42.21 24.70 24.19

Thomson Resources 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.21 21.62 24.70 24.58 24.19

Thomson Resources 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.

Thomson Resources'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 )
=12.175+12.018
=24.19

Thomson Resources'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 )
=12.244+12.34
=24.58

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of A$24.58 Mil mean?
Thomson Resources (ASX:TMZO) has a Total Assets of A$24.58 Mil as of Dec. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Thomson Resources and its competitors.
Is Thomson Resources' Total Assets too high?
Thomson Resources' current Total Assets is A$24.58 Mil.
How does Thomson Resources' Total Assets compare to BHPBF?
Thomson Resources' Total Assets of A$24.58 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Thomson Resources and its competitors. Thomson Resources's current Total Assets is A$24.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thomson Resources stock overvalued right now?
Thomson Resources (ASX:TMZO) has a current Total Assets of A$24.58 Mil. The current Total Assets is A$24.58 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Thomson Resources (ASX:TMZO), the current Total Assets is A$24.58 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thomson Resources Business Description

Address 63 Sinclair Street, Wollstonecraft, NSW, AUS, 2065
Silver Metal Group Ltd, formerly Thomson Resources Ltd is an Australian-based exploration company, which is focused on the discovery and development of mineral deposits within the New England Fold Belt of Northern NSW. The company explores gold, silver, tin, copper, and base metals. The company focuses on the Texas Silver Project, Mt Carrington Silver & Gold Project, Conrad Silver Project, Webbs Silver Project, Harry Smith Gold Project, Yalgogrin Gold Project, Bygoo Tin Project, Chillagoe Gold Project, and Other Projects.