Aura Renewable Acquisitions (LSE:ARA) Total Assets : £0.67 Mil (As of Dec. 2023)

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What is Aura Renewable Acquisitions Total Assets?

Aura Renewable Acquisitions's Total Assets for the quarter that ended in Dec. 2023 was £0.67 Mil.

Total Assets is connected with ROA %. Aura Renewable Acquisitions's annualized ROA % for the quarter that ended in Dec. 2023 was -23.68%. Total Assets is also linked to Revenue through Asset Turnover. Aura Renewable Acquisitions's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Aura Renewable Acquisitions Total Assets Historical Data

The historical data trend for Aura Renewable Acquisitions'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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Aura Renewable Acquisitions Total Assets Chart

Aura Renewable Acquisitions Annual Data

Trend

Dec22

Dec23

Total Assets

0.82

0.67

Aura Renewable Acquisitions Semi-Annual Data
	Dec22	Jun23	Dec23
Total Assets	0.82	0.73	0.67

Aura Renewable Acquisitions 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.

Aura Renewable Acquisitions's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	0.635	+	0.035
	=	0.67

Aura Renewable Acquisitions's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	0.635	+	0.035
	=	0.67

Aura Renewable Acquisitions (LSE:ARA) Total Assets Explanation

Total Assets is connected with ROA %.

Aura Renewable Acquisitions's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.166	/	( (0.732	+	0.67)	/ 2 )
	=	-0.166	/	0.701
	=	-23.68 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Aura Renewable Acquisitions's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (0.732	+	0.67)	/ 2 )
=	0	/	0.701
=	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.

Aura Renewable Acquisitions Total Assets Related Terms

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Aura Renewable Acquisitions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aura Renewable Acquisitions PLC (LSE:ARA) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Holborn Gate, 330 High Holborn, London, GBR, WC1V 7QH

Website

https://www.aurarenewables.com

Aura Renewable Acquisitions PLC will pursue opportunities to acquire businesses in the renewable energy sector. The company intends to consider opportunities within the renewable energy sector focusing on businesses operating in the global renewable energy sector supply chain, particularly participants in the wind, solar, biomass, hydropower and green hydrogen supply chain ranging from raw materials resourcing to power generation, energy storage and recycling.