Central Rand Gold (LSE:CRND) Total Assets : £12.06 Mil (As of Jun. 2017)

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What is Central Rand Gold Total Assets?

Central Rand Gold's Total Assets for the quarter that ended in Jun. 2017 was £12.06 Mil.

During the past 12 months, Central Rand Gold's average Total Assets Growth Rate was 5.10% per year. During the past 3 years, the average Total Assets Growth Rate was -4.90% per year. During the past 5 years, the average Total Assets Growth Rate was -10.50% per year. During the past 10 years, the average Total Assets Growth Rate was 7.70% per year.

During the past 11 years, Central Rand Gold's highest 3-Year average Total Assets Growth Rate was 187.40%. The lowest was -25.70%. And the median was -6.90%.

Total Assets is connected with ROA %. Central Rand Gold's annualized ROA % for the quarter that ended in Jun. 2017 was -45.77%. Total Assets is also linked to Revenue through Asset Turnover. Central Rand Gold's Asset Turnover for the quarter that ended in Jun. 2017 was 0.18.

Central Rand Gold Total Assets Historical Data

The historical data trend for Central Rand Gold'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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Central Rand Gold Total Assets Chart

Central Rand Gold Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Assets

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17.93

14.27

13.71

9.20

11.30

Central Rand Gold Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
Total Assets	Get a 7-Day Free Trial												13.09	9.20	11.47	11.30	12.06

Central Rand Gold 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.

Central Rand Gold's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets	=	Total Equity (A: Dec. 2016 )	+	Total Liabilities (A: Dec. 2016 )
	=	-9.236	+	20.536
	=	11.30

Central Rand Gold's Total Assets for the quarter that ended in Jun. 2017 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2017 )	+	Total Liabilities (Q: Jun. 2017 )
	=	-10.157	+	22.218
	=	12.06

Central Rand Gold (LSE:CRND) Total Assets Explanation

Total Assets is connected with ROA %.

Central Rand Gold's annualized ROA % for the quarter that ended in Jun. 2017 is

ROA %	=	Net Income (Q: Jun. 2017 )	/	( (Total Assets (Q: Dec. 2016 )	+	Total Assets (Q: Jun. 2017 ))	/ count )
	=	-5.346	/	( (11.301	+	12.061)	/ 2 )
	=	-5.346	/	11.681
	=	-45.77 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2017) 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.

Central Rand Gold's Asset Turnover for the quarter that ended in Jun. 2017 is

	Asset Turnover
=	Revenue (Q: Jun. 2017 )	/	( (Total Assets (Q: Dec. 2016 )	+	Total Assets (Q: Jun. 2017 ))	/ count )
=	2.072	/	( (11.301	+	12.061)	/ 2 )
=	2.072	/	11.681
=	0.18

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.

Central Rand Gold Total Assets Related Terms

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Central Rand Gold (LSE:CRND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Central Rand Gold Ltd (LSE:CRND) » Definitions » Total Assets

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Address

Trafalgar Court, 2nd Floor, East Wing, Admiral Park, St Peter Port, GGY, GY13HU

Website

http://www.centralrandgold.com

Central Rand Gold Ltd is a gold exploration and production group. It is engaged in a gold mining and exploration project that aims to bring profitable and sustainable gold mining back to the City of Johannesburg. The company plans to extract all profitable gold from its resource base using appropriate mining, processing, and environmentally friendly technologies. Central Rand Gold's current portfolio is the Consolidated Main Reef (CMR) operations which have been split into CMR West and CMR East and the Crown Mines development. CMR West is Central Rand Gold's first mining target area. It comprises an operational underground and opencast gold mine that utilizes conventional opencast stopping and extraction methods.

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