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Avocet Resources (FRA:U3O) Total Assets : €34.33 Mil (As of Jun. 2013)


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What is Avocet Resources Total Assets?

Avocet Resources's Total Assets for the quarter that ended in Jun. 2013 was €34.33 Mil.

Total Assets is connected with ROA %. Avocet Resources's annualized ROA % for the quarter that ended in Jun. 2013 was 5.04%. Total Assets is also linked to Revenue through Asset Turnover. Avocet Resources's Asset Turnover for the quarter that ended in Jun. 2013 was 0.00.


Avocet Resources Total Assets Historical Data

The historical data trend for Avocet 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.

* Premium members only.

Avocet Resources Total Assets Chart

Avocet Resources Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Total Assets
Get a 7-Day Free Trial 4.76 5.52 6.33 9.64 8.41

Avocet Resources Quarterly Data
Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
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 9.64 9.35 8.41 6.26 34.33

Avocet 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.

Avocet Resources's Total Assets for the fiscal year that ended in Jun. 2012 is calculated as

Total Assets=Total Equity (A: Jun. 2012 )+Total Liabilities (A: Jun. 2012 )
=8.198+0.209
=8.41

Avocet Resources's Total Assets for the quarter that ended in Jun. 2013 is calculated as

Total Assets=Total Equity (Q: Jun. 2013 )+Total Liabilities (Q: Jun. 2013 )
=33.716+0.617
=34.33

* 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.


Avocet Resources  (FRA:U3O) Total Assets Explanation

Total Assets is connected with ROA %.

Avocet Resources's annualized ROA % for the quarter that ended in Jun. 2013 is

ROA %=Net Income (Q: Jun. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Jun. 2013 ))/ count )
=1.024/( (6.263+34.333)/ 2 )
=1.024/20.298
=5.04 %

Note: The Net Income data used here is four times the quarterly (Jun. 2013) 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.

Avocet Resources's Asset Turnover for the quarter that ended in Jun. 2013 is

Asset Turnover
=Revenue (Q: Jun. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Jun. 2013 ))/ count )
=0/( (6.263+34.333)/ 2 )
=0/20.298
=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.

Avocet Resources Total Assets Related Terms

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Avocet Resources (FRA:U3O) Business Description

Traded in Other Exchanges
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Address
Avocet Resources Ltd is a uranium exploration company with projects in Western Australia, Queensland and South Australia. The Company holds a portfolio with 25 tenements in Western Australia, one in South Australia and a further five in Queensland.

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