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Tungsten West (LSE:TUN) Total Assets : £38.60 Mil (As of Sep. 2023)


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What is Tungsten West Total Assets?

Tungsten West's Total Assets for the quarter that ended in Sep. 2023 was £38.60 Mil.

During the past 12 months, Tungsten West's average Total Assets Growth Rate was 11.10% per year. During the past 3 years, the average Total Assets Growth Rate was 20.30% per year.

During the past 4 years, Tungsten West's highest 3-Year average Total Assets Growth Rate was 20.30%. The lowest was 20.30%. And the median was 20.30%.

Total Assets is connected with ROA %. Tungsten West's annualized ROA % for the quarter that ended in Sep. 2023 was -45.09%. Total Assets is also linked to Revenue through Asset Turnover. Tungsten West's Asset Turnover for the quarter that ended in Sep. 2023 was 0.02.

Tungsten West Total Assets Historical Data

The historical data trend for Tungsten West'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.

Tungsten West Total Assets Chart

Tungsten West Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Total Assets
25.10 26.07 57.71 42.42

Tungsten West Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Total Assets Get a 7-Day Free Trial 26.52 57.71 48.38 42.42 38.60

Tungsten West 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.

Tungsten West's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=30.981+11.439
=42.42

Tungsten West's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=22.201+16.395
=38.60

* 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.

Tungsten West  (LSE:TUN) Total Assets Explanation

Total Assets is connected with ROA %.

Tungsten West's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-18.264/( (42.421+38.596)/ 2 )
=-18.264/40.5085
=-45.09 %

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

Tungsten West's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.722/( (42.421+38.596)/ 2 )
=0.722/40.5085
=0.02

* 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.

Tungsten West Total Assets Related Terms

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Tungsten West (LSE:TUN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tungsten West PLC (LSE:TUN) » Definitions » Total Assets
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Traded in Other Exchanges
540:Germany
Address
Hemerdon Mine, Drakelands, Plympton, Plymouth, Devon, GBR, PL7 5BS
Website
https://www.tungstenwest.com
Tungsten West PLC owns and operates historical Hemerdon tungsten and tin mine located near Plymouth in southern Devon, England. It has a compliant Mineral Resource of approximately 325Mt at 0.12 per cent. WO3. The company's main country of operation is the United Kingdom.

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