African Potash (LSE:AFPO) Total Assets : £7.42 Mil (As of Jun. 2016)

View and export this data going back to 2011. Start your Free Trial

What is African Potash Total Assets?

African Potash's Total Assets for the quarter that ended in Jun. 2016 was £7.42 Mil.

Total Assets is connected with ROA %. African Potash's annualized ROA % for the quarter that ended in Jun. 2016 was -99.98%. Total Assets is also linked to Revenue through Asset Turnover. African Potash's Asset Turnover for the quarter that ended in Jun. 2016 was 0.00.

African Potash Total Assets Historical Data

The historical data trend for African Potash'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.

African Potash Total Assets Chart

African Potash Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Total Assets

5.29

10.77

10.24

6.93

7.42

African Potash Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Total Assets	Get a 7-Day Free Trial				10.24	12.06	6.93	7.66	7.42

African Potash 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.

African Potash's Total Assets for the fiscal year that ended in Jun. 2016 is calculated as

Total Assets	=	Total Equity (A: Jun. 2016 )	+	Total Liabilities (A: Jun. 2016 )
	=	5.561	+	1.854
	=	7.42

African Potash's Total Assets for the quarter that ended in Jun. 2016 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2016 )	+	Total Liabilities (Q: Jun. 2016 )
	=	5.561	+	1.854
	=	7.42

African Potash (LSE:AFPO) Total Assets Explanation

Total Assets is connected with ROA %.

African Potash's annualized ROA % for the quarter that ended in Jun. 2016 is

ROA %	=	Net Income (Q: Jun. 2016 )	/	( (Total Assets (Q: Dec. 2015 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
	=	-7.538	/	( (7.664	+	7.415)	/ 2 )
	=	-7.538	/	7.5395
	=	-99.98 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2016) 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 Potash's Asset Turnover for the quarter that ended in Jun. 2016 is

	Asset Turnover
=	Revenue (Q: Jun. 2016 )	/	( (Total Assets (Q: Dec. 2015 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
=	0	/	( (7.664	+	7.415)	/ 2 )
=	0	/	7.5395
=	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.

African Potash Total Assets Related Terms

Thank you for viewing the detailed overview of African Potash's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

African Potash (LSE:AFPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » African Potash Ltd (LSE:AFPO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Richmond House, St Julian's Avenue, St Peter Port, GGY, GY1 1GZ

Website

http://www.blockcommodities.com

Block Commodities Ltd is focused on building a platform for the mining, production, and distribution of fertilizer. The business operates through various segments that are Trading, which trades fertilizer; and Exploration, which explores potash properties. The company operates in one geographical segment that is Africa. It has one project namely the Lac Dinga project.

African Potash (LSE:AFPO) Headlines

No Headlines