Strategic Minerals (STU:24S) Total Assets : €14.07 Mil (As of Jun. 2023)

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What is Strategic Minerals Total Assets?

Strategic Minerals's Total Assets for the quarter that ended in Jun. 2023 was €14.07 Mil.

During the past 12 months, Strategic Minerals's average Total Assets Growth Rate was 6.20% per year. During the past 3 years, the average Total Assets Growth Rate was 7.80% per year. During the past 5 years, the average Total Assets Growth Rate was 25.20% per year. During the past 10 years, the average Total Assets Growth Rate was 18.80% per year.

During the past 13 years, Strategic Minerals's highest 3-Year average Total Assets Growth Rate was 191.00%. The lowest was -77.30%. And the median was 30.05%.

Total Assets is connected with ROA %. Strategic Minerals's annualized ROA % for the quarter that ended in Jun. 2023 was 0.49%. Total Assets is also linked to Revenue through Asset Turnover. Strategic Minerals's Asset Turnover for the quarter that ended in Jun. 2023 was 0.05.

Strategic Minerals Total Assets Historical Data

The historical data trend for Strategic Minerals'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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Strategic Minerals Total Assets Chart

Strategic Minerals Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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10.06

12.00

11.84

13.56

14.39

Strategic Minerals Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															12.11	13.56	13.54	14.39	14.07

Strategic Minerals 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.

Strategic Minerals's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	12.124	+	2.27
	=	14.39

Strategic Minerals's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	11.909	+	2.16
	=	14.07

Strategic Minerals (STU:24S) Total Assets Explanation

Total Assets is connected with ROA %.

Strategic Minerals's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	0.07	/	( (14.394	+	14.069)	/ 2 )
	=	0.07	/	14.2315
	=	0.49 %

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

Strategic Minerals's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	0.722	/	( (14.394	+	14.069)	/ 2 )
=	0.722	/	14.2315
=	0.05

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.

Strategic Minerals Total Assets Related Terms

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Strategic Minerals (STU:24S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Strategic Minerals PLC (STU:24S) » Definitions » Total Assets

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SML:UK

Address

27/28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.strategicminerals.net

Strategic Minerals PLC is a UK-based mineral production and development company. The principal business activity of the company is the exploration, development, and operation of mining projects. Its operating segments include Southern Minerals Group LLC (SMG), Head Office, Development Asset, and United Kingdom. It derives a majority of the revenue from the SMG segment that is involved in the sale of magnetite to both the US domestic market and historically transported magnetite to port for onward export sale.

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