BHP Group (CHIX:BHPL) Total Assets : £80,457 Mil (As of Jun. 2024)

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What is BHP Group Total Assets?

BHP Group's Total Assets for the quarter that ended in Jun. 2024 was £80,457 Mil.

During the past 12 months, BHP Group's average Total Assets Growth Rate was 2.00% per year. During the past 3 years, the average Total Assets Growth Rate was 3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 1.00% per year. During the past 10 years, the average Total Assets Growth Rate was -2.00% per year.

During the past 13 years, BHP Group's highest 3-Year average Total Assets Growth Rate was 25.80%. The lowest was -6.80%. And the median was 6.10%.

Total Assets is connected with ROA %. BHP Group's annualized ROA % for the quarter that ended in Jun. 2024 was 13.74%. Total Assets is also linked to Revenue through Asset Turnover. BHP Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.28.

BHP Group Total Assets Historical Data

The historical data trend for BHP Group'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.

* Premium members only.

BHP Group Total Assets Chart

BHP Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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84,480.67

77,664.95

77,274.79

80,226.43

80,456.53

BHP Group 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															77,274.79	72,103.50	80,226.43	78,990.52	80,456.53

BHP Group 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.

BHP Group'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 )
	=	38608.32	+	41848.212
	=	80,457

BHP Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	38608.32	+	41848.212
	=	80,457

BHP Group (CHIX:BHPl) Total Assets Explanation

Total Assets is connected with ROA %.

BHP Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	10956.84	/	( (78990.52	+	80456.532)	/ 2 )
	=	10956.84	/	79723.526
	=	13.74 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) 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.

BHP Group's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	22342.836	/	( (78990.52	+	80456.532)	/ 2 )
=	22342.836	/	79723.526
=	0.28

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.

BHP Group Total Assets Related Terms

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BHP Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group Ltd (CHIX:BHPl) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

BHG:South Africa BHPLF:USA BHP:USA BHPN:Mexico BHP:UK 0HN3:UK BHP1:Germany BHP:Germany BHP1:Germany BHP1:Germany BHP:Germany BHP:Australia BHP:Argentina

Address

171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000

Website

https://www.bhp.com

BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual-listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore us oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. It purchased copper miner Oz Minerals in fiscal 2023 and is entering the potash market through the development of its Jansen project in Canada. However, due to low nickel prices, BHP is placing its nickel business on care and maintenance in late 2024.

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