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East Star Resources (STU:5MM) Total Assets : €3.50 Mil (As of Jun. 2024)


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What is East Star Resources Total Assets?

East Star Resources's Total Assets for the quarter that ended in Jun. 2024 was €3.50 Mil.

During the past 12 months, East Star Resources's average Total Assets Growth Rate was -8.90% per year.

Total Assets is connected with ROA %. East Star Resources's annualized ROA % for the quarter that ended in Jun. 2024 was 0.64%. Total Assets is also linked to Revenue through Asset Turnover. East Star Resources's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

East Star Resources Total Assets Historical Data

The historical data trend for East Star 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.

* Premium members only.

East Star Resources Total Assets Chart

East Star Resources Annual Data
Trend Nov21 Dec22 Dec23
Total Assets
2.29 4.53 3.40

East Star Resources Semi-Annual Data
May21 Nov21 May22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial 5.41 4.53 4.15 3.40 3.50

East Star 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.

East Star Resources's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=3.265+0.133
=3.40

East Star Resources's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=3.417+0.082
=3.50

* 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.

East Star Resources  (STU:5MM) Total Assets Explanation

Total Assets is connected with ROA %.

East Star Resources's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0.022/( (3.399+3.499)/ 2 )
=0.022/3.449
=0.64 %

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

East Star Resources's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (3.399+3.499)/ 2 )
=0/3.449
=0.00

* 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.

East Star Resources Total Assets Related Terms

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East Star Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » East Star Resources PLC (STU:5MM) » Definitions » Total Assets
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Traded in Other Exchanges
EST:UK
Address
25 Eccleston Place, Eccleston Yards, London, GBR, SW1W 9NF
Website
https://www.eaststarplc.com
East Star Resources PLC is exploring gold, copper, and rare earths in Kazakhstan. The principal activity of the Company is of identifying potential companies, businesses or asset/(s) that have operations in the natural resources exploration, development, and production sector.

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