Gem Diamonds (CHIX:GEMDL) Total Assets : £276.1 Mil (As of Dec. 2024)

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What is Gem Diamonds Total Assets?

Gem Diamonds's Total Assets for the quarter that ended in Dec. 2024 was £276.1 Mil.

During the past 12 months, Gem Diamonds's average Total Assets Growth Rate was -9.30% per year. During the past 5 years, the average Total Assets Growth Rate was -1.20% per year. During the past 10 years, the average Total Assets Growth Rate was 0.60% per year.

During the past 13 years, Gem Diamonds's highest 3-Year average Total Assets Growth Rate was 9.80%. The lowest was -13.30%. And the median was -0.85%.

Total Assets is connected with ROA %. Gem Diamonds's annualized ROA % for the quarter that ended in Dec. 2024 was 0.46%. Total Assets is also linked to Revenue through Asset Turnover. Gem Diamonds's Asset Turnover for the quarter that ended in Dec. 2024 was 0.21.

Gem Diamonds Total Assets Historical Data

The historical data trend for Gem Diamonds'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.

Gem Diamonds Total Assets Chart

Gem Diamonds Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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308.17

289.23

300.68

306.11

276.14

Gem Diamonds Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial															300.68	267.76	306.11	301.05	276.14

Gem Diamonds 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.

Gem Diamonds's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	176.314	+	99.825
	=	276.1

Gem Diamonds's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	176.314	+	99.825
	=	276.1

Gem Diamonds (CHIX:GEMDl) Total Assets Explanation

Total Assets is connected with ROA %.

Gem Diamonds's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	1.326	/	( (301.049	+	276.139)	/ 2 )
	=	1.326	/	288.594
	=	0.46 %

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

Gem Diamonds's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	60.253	/	( (301.049	+	276.139)	/ 2 )
=	60.253	/	288.594
=	0.21

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.

Gem Diamonds Total Assets Related Terms

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Gem Diamonds Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gem Diamonds Ltd (CHIX:GEMDl) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

GMDMF:USA GEMD:UK ZVW:Germany

Address

2 Eaton Gate, London, GBR, SW1W 9BJ

Website

https://www.gemdiamonds.com

Gem Diamonds Ltd is a United Kingdom-based company engaged in the exploration and development of diamond mines. The company's geographical segments include Lesotho (diamond mining activities); Belgium (sales, marketing, and manufacturing of diamonds); and BVI, RSA, the UK, and Cyprus (technical and administrative services) and Botswana (diamond mining activities, currently on care and maintenance). It generates maximum revenue from the Belgium region. Its projects include Letseng Diamond mine and Ghaghoo Diamond mine. The company's revenue is derived from mining activities, polished manufacturing margins, and diamond analysis and manufacturing services.

Gem Diamonds Headlines

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