Mining Investments Resources (LSE:MIR) Total Assets: £0.42 Mil (As of Dec. 2013)


What is Mining Investments Resources Total Assets?

Mining Investments Resources LSE:MIR Total Assets is £0.42 Mil as of Dec. 2013. The stock has 2 warning signs investors should review.

Mining Investments Resources's Total Assets for the quarter that ended in Dec. 2013 was £0.42 Mil.

During the past 3 years, the average Total Assets Growth Rate was -27.60% per year.

During the past 13 years, Mining Investments Resources's highest 3-Year average Total Assets Growth Rate was 8.30%. The lowest was 0.00%. And the median was -20.40%.

Total Assets is connected with ROA %. Mining Investments Resources's annualized ROA % for the quarter that ended in Dec. 2013 was -82.64%. Total Assets is also linked to Revenue through Asset Turnover. Mining Investments Resources's Asset Turnover for the quarter that ended in Dec. 2013 was 0.01.

Mining Investments Resources  (LSE:MIR) Total Assets Explanation

Total Assets is connected with ROA %.

Mining Investments Resources's annualized ROA % for the quarter that ended in Dec. 2013 is

ROA %=Net Income (Q: Dec. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=-0.464/( (0.701+0.422)/ 2 )
=-0.464/0.5615
=-82.64 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2013) 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.

Mining Investments Resources's Asset Turnover for the quarter that ended in Dec. 2013 is

Asset Turnover
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=0.003/( (0.701+0.422)/ 2 )
=0.003/0.5615
=0.01

* 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.

Mining Investments Resources Total Assets Related Terms

Mining Investments Resources Total Assets Historical Data

* Premium members only.

The historical data trend for Mining Investments Resources'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.

Mining Investments Resources Total Assets Chart

Mining Investments Resources Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Jun09 Jun10 Jun11 Jun12 Jun13
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.07 0.64 0.02 0.70

Mining Investments Resources Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 Premium Member Only 0.47 0.02 0.60 0.70 0.42

Mining Investments Resources 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.

Mining Investments Resources's Total Assets for the fiscal year that ended in Jun. 2013 is calculated as

Total Assets=Total Equity (A: Jun. 2013 )+Total Liabilities (A: Jun. 2013 )
=0.486+0.215
=0.70

Mining Investments Resources's Total Assets for the quarter that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (Q: Dec. 2013 )+Total Liabilities (Q: Dec. 2013 )
=0.209+0.213
=0.42

* 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 £0.42 Mil mean?
Mining Investments Resources (LSE:MIR) has a Total Assets of £0.42 Mil as of Dec. 2013. The total amount of assets as recorded on a company's balance sheet. View historical data on Mining Investments Resources and its competitors.
Is Mining Investments Resources' Total Assets too high?
Mining Investments Resources' current Total Assets is £0.42 Mil.
How does Mining Investments Resources' Total Assets compare to competitors?
Mining Investments Resources' Total Assets of £0.42 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Total Assets depends on the Conglomerates 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 Mining Investments Resources and its competitors. Mining Investments Resources's current Total Assets is £0.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Investments Resources stock overvalued right now?
Mining Investments Resources (LSE:MIR) has a current Total Assets of £0.42 Mil. The current Total Assets is £0.42 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 Mining Investments Resources (LSE:MIR), the current Total Assets is £0.42 Mil as of Dec. 2013. 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.

Mining Investments Resources Business Description

Mining Investments Resources PLC is an investing company. It mainly invests in businesses which possess the opportunity for high growth, generally through exploitation of intellectual property. The Company's investing policy is to acquire a diverse portfolio of direct and indirect interests in exploration and producing projects and assets in the natural resources sector.