Bellzone Mining (LSE:BZM) Total Assets: £14.07 Mil (As of Jun. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Bellzone Mining Total Assets?

Bellzone Mining LSE:BZM Total Assets is £14.07 Mil as of Jun. 2018. The stock has 3 warning signs investors should review.

Bellzone Mining's Total Assets for the quarter that ended in Jun. 2018 was £14.07 Mil.

During the past 12 months, Bellzone Mining's average Total Assets Growth Rate was -6.40% per year. During the past 3 years, the average Total Assets Growth Rate was -5.30% per year. During the past 5 years, the average Total Assets Growth Rate was -24.80% per year.

During the past 9 years, Bellzone Mining's highest 3-Year average Total Assets Growth Rate was 153.30%. The lowest was -45.10%. And the median was -2.65%.

Total Assets is connected with ROA %. Bellzone Mining's annualized ROA % for the quarter that ended in Jun. 2018 was -24.93%. Total Assets is also linked to Revenue through Asset Turnover. Bellzone Mining's Asset Turnover for the quarter that ended in Jun. 2018 was 0.00.

Bellzone Mining  (LSE:BZM) Total Assets Explanation

Total Assets is connected with ROA %.

Bellzone Mining's annualized ROA % for the quarter that ended in Jun. 2018 is

ROA %=Net Income (Q: Jun. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Jun. 2018 ))/ count )
=-3.64/( (15.131+14.069)/ 2 )
=-3.64/14.6
=-24.93 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2018) 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.

Bellzone Mining's Asset Turnover for the quarter that ended in Jun. 2018 is

Asset Turnover
=Revenue (Q: Jun. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Jun. 2018 ))/ count )
=0/( (15.131+14.069)/ 2 )
=0/14.6
=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.

Bellzone Mining Total Assets Related Terms

Bellzone Mining Total Assets Historical Data

* Premium members only.

The historical data trend for Bellzone Mining'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.

Bellzone Mining Total Assets Chart

Bellzone Mining Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Assets
Get a 7-Day Free Trial Premium Member Only 16.73 14.42 13.62 17.35 15.13

Bellzone Mining Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.12 17.35 16.13 15.13 14.07

Bellzone Mining 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.

Bellzone Mining's Total Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Assets=Total Equity (A: Dec. 2017 )+Total Liabilities (A: Dec. 2017 )
=-4.16+19.292
=15.13

Bellzone Mining's Total Assets for the quarter that ended in Jun. 2018 is calculated as

Total Assets=Total Equity (Q: Jun. 2018 )+Total Liabilities (Q: Jun. 2018 )
=-5.938+20.007
=14.07

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of £14.07 Mil mean?
Bellzone Mining (LSE:BZM) has a Total Assets of £14.07 Mil as of Jun. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Bellzone Mining and its competitors.
Is Bellzone Mining's Total Assets too high?
Bellzone Mining's current Total Assets is £14.07 Mil.
How does Bellzone Mining's Total Assets compare to competitors?
Bellzone Mining's Total Assets of £14.07 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Bellzone Mining and its competitors. Bellzone Mining's current Total Assets is £14.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellzone Mining stock overvalued right now?
Bellzone Mining (LSE:BZM) has a current Total Assets of £14.07 Mil. The current Total Assets is £14.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Bellzone Mining (LSE:BZM), the current Total Assets is £14.07 Mil as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bellzone Mining Business Description

Bellzone Mining PLC is party to a legally-ratified Mining Convention in Guinea. It governs its mining concession to explore and exploit the iron ore resources at Kalia in the Faranah region. The company has four reportable segments: Kalia segment represents the exploration activities undertaken at the Kalia Mine; Forécariah segment represents the 50:50 joint venture between Bellzone and China International Fund Ltd (CIF) to fully fund exploration and development of a mine and infrastructure; Sadeka segment represents exploration activities for nickel and copper in south-east Guinea; and Technical & Support Services represents funding, shared services, treasury and technical support delivered from Jersey, Singapore and the Conakry office in Guinea, it is also its revenue earning segment.