African Rainbow Minerals's Total Assets for the quarter that ended in Dec. 2024 was R69,318 Mil.
Warning Sign:
If a company builds assets at 13.7% a year, faster than its revenue growth rate of 5.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, African Rainbow Minerals's average Total Assets Growth Rate was 7.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.
During the past 13 years, African Rainbow Minerals's highest 3-Year average Total Assets Growth Rate was 39.60%. The lowest was -2.40%. And the median was 9.30%.
* 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.
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.
African Rainbow Minerals's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as
* 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.
African Rainbow Minerals (JSE:ARI) Total Assets Explanation
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.
African Rainbow Minerals's Asset Turnover for the quarter that ended in Dec. 2024 is
* 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.
African Rainbow Minerals Total Assets Related Terms
Thank you for viewing the detailed overview of African Rainbow Minerals's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: ARM Platinum (which includes platinum group metals and nickel), ARM Ferrous, ARM Coal and ARM Corporate (which includes Machadodorp Works, Corporate, Gold and other). It derives maximum revenue from South Africa and has its presence in Europe, Americas and Far and Middle East.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JSE:ARI has been successfully added to your 