Balamara Resources (FRA:CDU) Total Assets : €9.82 Mil (As of Dec. 2014)

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What is Balamara Resources Total Assets?

Balamara Resources's Total Assets for the quarter that ended in Dec. 2014 was €9.82 Mil.

Total Assets is connected with ROA %. Balamara Resources's annualized ROA % for the quarter that ended in Dec. 2014 was -65.16%. Total Assets is also linked to Revenue through Asset Turnover. Balamara Resources's Asset Turnover for the quarter that ended in Dec. 2014 was 0.00.

Balamara Resources Total Assets Historical Data

The historical data trend for Balamara 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.

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Balamara Resources Total Assets Chart

Balamara Resources Annual Data

Trend

Jun02

Jun03

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Total Assets

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2.80

6.70

4.76

5.34

2.29

Balamara Resources Semi-Annual Data
	Dec02	Jun03	Dec03	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Total Assets	Get a 7-Day Free Trial															7.54	5.34	5.15	2.29	9.82

Balamara 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.

Balamara Resources's Total Assets for the fiscal year that ended in Jun. 2014 is calculated as

Total Assets	=	Total Equity (A: Jun. 2014 )	+	Total Liabilities (A: Jun. 2014 )
	=	1.362	+	0.925
	=	2.29

Balamara Resources's Total Assets for the quarter that ended in Dec. 2014 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2014 )	+	Total Liabilities (Q: Dec. 2014 )
	=	8.673	+	1.145
	=	9.82

Balamara Resources (FRA:CDU) Total Assets Explanation

Total Assets is connected with ROA %.

Balamara Resources's annualized ROA % for the quarter that ended in Dec. 2014 is

ROA %	=	Net Income (Q: Dec. 2014 )	/	( (Total Assets (Q: Jun. 2014 )	+	Total Assets (Q: Dec. 2014 ))	/ count )
	=	-3.944	/	( (2.287	+	9.818)	/ 2 )
	=	-3.944	/	6.0525
	=	-65.16 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2014) 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.

Balamara Resources's Asset Turnover for the quarter that ended in Dec. 2014 is

	Asset Turnover
=	Revenue (Q: Dec. 2014 )	/	( (Total Assets (Q: Jun. 2014 )	+	Total Assets (Q: Dec. 2014 ))	/ count )
=	0	/	( (2.287	+	9.818)	/ 2 )
=	0	/	6.0525
=	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.

Balamara Resources Total Assets Related Terms

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Balamara Resources (FRA:CDU) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Balamara Resources Ltd (FRA:CDU) » Definitions » Total Assets

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Address

Website

http://www.balamara.com.au

Balamara Resources Ltd formerly known as Sultan Corporation Limited was incorporated in New South Wales on 16 August 1993 under the name of Asia-Pacific Minerals NL and on 21 November 1993 it changed its name to Caledonian Pacific Minerals NL. On 13 May, 2000 the Company changed its name again to Quadtel NL. The name of the Company was changed once more to Wytomic Limited on 17 February, 2005. The Company is engaged in exploration of mineral resources and reserves, primarily in Central Europe. It acquires assets at low cost with significant upside potential and develops them to a pre-production status. The Company's projects are located in Poland, Montenegro, Bosnia and NSW Australia. It operates in three reportable segments: Exploration Balkans region, Exploration Poland, and Exploration Australia.

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