African Minerals (LSE:AMI) Total Assets : £1,863.2 Mil (As of Jun. 2014)

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

What is African Minerals Total Assets?

African Minerals's Total Assets for the quarter that ended in Jun. 2014 was £1,863.2 Mil.

During the past 12 months, African Minerals's average Total Assets Growth Rate was 7.00% per year. During the past 3 years, the average Total Assets Growth Rate was 72.70% per year. During the past 5 years, the average Total Assets Growth Rate was 107.30% per year. During the past 10 years, the average Total Assets Growth Rate was 108.00% per year.

During the past 12 years, African Minerals's highest 3-Year average Total Assets Growth Rate was 287.90%. The lowest was 36.50%. And the median was 120.60%.

Total Assets is connected with ROA %. African Minerals's annualized ROA % for the quarter that ended in Jun. 2014 was 0.55%. Total Assets is also linked to Revenue through Asset Turnover. African Minerals's Asset Turnover for the quarter that ended in Jun. 2014 was 0.12.

African Minerals Total Assets Historical Data

The historical data trend for African Minerals'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 Minerals Total Assets Chart

African Minerals Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Total Assets

Get a 7-Day Free Trial

149.90

595.84

1,096.77

2,034.84

1,973.17

African Minerals Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Total Assets	Get a 7-Day Free Trial				-	2,034.84	2,148.72	1,973.17	1,863.19

African Minerals 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 Minerals's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets	=	Total Equity (A: Dec. 2013 )	+	Total Liabilities (A: Dec. 2013 )
	=	598.654	+	1374.513
	=	1,973.2

African Minerals's Total Assets for the quarter that ended in Jun. 2014 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2014 )	+	Total Liabilities (Q: Jun. 2014 )
	=	583.79	+	1279.397
	=	1,863.2

African Minerals (LSE:AMI) Total Assets Explanation

Total Assets is connected with ROA %.

African Minerals's annualized ROA % for the quarter that ended in Jun. 2014 is

ROA %	=	Net Income (Q: Jun. 2014 )	/	( (Total Assets (Q: Dec. 2013 )	+	Total Assets (Q: Jun. 2014 ))	/ count )
	=	10.52	/	( (1973.167	+	1863.187)	/ 2 )
	=	10.52	/	1918.177
	=	0.55 %

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

African Minerals's Asset Turnover for the quarter that ended in Jun. 2014 is

	Asset Turnover
=	Revenue (Q: Jun. 2014 )	/	( (Total Assets (Q: Dec. 2013 )	+	Total Assets (Q: Jun. 2014 ))	/ count )
=	235.927	/	( (1973.167	+	1863.187)	/ 2 )
=	235.927	/	1918.177
=	0.12

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 Minerals Total Assets Related Terms

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

African Minerals (LSE:AMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » African Minerals Ltd (LSE:AMI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stratton House, 5 Stratton Street, London, GBR, W1J 8LA

Website

http://www.african-minerals.com

African Minerals Ltd is a mineral exploration and development company. It is engaged in the development, design, construction, and operation of iron ore deposit at Tonkolili, Sierra Leone, and its related rail and port infrastructure. In addition, it is also involved in the marketing and sale of the iron ore produced from this project.

African Minerals (LSE:AMI) Headlines

No Headlines