URU Metals (LSE:URU) Total Assets : £0.23 Mil (As of Mar. 2024)

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What is URU Metals Total Assets?

URU Metals's Total Assets for the quarter that ended in Mar. 2024 was £0.23 Mil.

During the past 12 months, URU Metals's average Total Assets Growth Rate was -98.00% per year. During the past 3 years, the average Total Assets Growth Rate was -69.10% per year. During the past 5 years, the average Total Assets Growth Rate was -32.90% per year. During the past 10 years, the average Total Assets Growth Rate was -11.00% per year.

During the past 13 years, URU Metals's highest 3-Year average Total Assets Growth Rate was 27.20%. The lowest was -69.10%. And the median was -2.90%.

Total Assets is connected with ROA %. URU Metals's annualized ROA % for the quarter that ended in Mar. 2024 was -284.77%. Total Assets is also linked to Revenue through Asset Turnover. URU Metals's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

URU Metals Total Assets Historical Data

The historical data trend for URU Metals'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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URU Metals Total Assets Chart

URU Metals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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2.34

2.86

4.94

4.47

0.23

URU Metals Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															4.94	5.11	4.47	4.49	0.23

URU Metals 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.

URU Metals's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	-2.569	+	2.798
	=	0.23

URU Metals's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	-2.569	+	2.798
	=	0.23

URU Metals (LSE:URU) Total Assets Explanation

Total Assets is connected with ROA %.

URU Metals's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-6.722	/	( (4.492	+	0.229)	/ 2 )
	=	-6.722	/	2.3605
	=	-284.77 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) 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.

URU Metals's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (4.492	+	0.229)	/ 2 )
=	0	/	2.3605
=	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.

URU Metals Total Assets Related Terms

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URU Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » URU Metals Ltd (LSE:URU) » Definitions » Total Assets

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NVRA:Germany

Address

4 King Street West, Suite 401, Toronto, ON, CAN, M5H 1A1

Website

https://www.urumetals.com

URU Metals Ltd is an active investment and project development company. Its primary activities are the exploration and development of mineral properties in South Africa. The company's primary objective is to develop a portfolio of high-growth demand metals that offer the potential to deliver substantial shareholder value. The company's primary reporting segments are identified as the Exploration segment which includes obtaining licenses and exploring these license areas and the Other segments which include all group administration and procurement.

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