GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Griffin Mining Ltd (STU:GG7) » Definitions » Total Assets

Griffin Mining (STU:GG7) Total Assets : €294.6 Mil (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Griffin Mining Total Assets?

Griffin Mining's Total Assets for the quarter that ended in Dec. 2023 was €294.6 Mil.

During the past 12 months, Griffin Mining's average Total Assets Growth Rate was -7.40% per year. During the past 3 years, the average Total Assets Growth Rate was -0.20% per year. During the past 5 years, the average Total Assets Growth Rate was 4.30% per year. During the past 10 years, the average Total Assets Growth Rate was 5.20% per year.

During the past 13 years, Griffin Mining's highest 3-Year average Total Assets Growth Rate was 40.80%. The lowest was -0.20%. And the median was 8.45%.

Total Assets is connected with ROA %. Griffin Mining's annualized ROA % for the quarter that ended in Dec. 2023 was 6.42%. Total Assets is also linked to Revenue through Asset Turnover. Griffin Mining's Asset Turnover for the quarter that ended in Dec. 2023 was 0.27.


Griffin Mining Total Assets Historical Data

The historical data trend for Griffin Mining'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.

Griffin Mining Total Assets Chart

Griffin Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 228.78 242.88 283.67 288.48 294.56

Griffin Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 283.67 290.25 288.48 279.81 294.56

Griffin Mining 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.

Griffin Mining'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 )
=247.363+47.196
=294.6

Griffin Mining's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=247.363+47.196
=294.6

* 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.


Griffin Mining  (STU:GG7) Total Assets Explanation

Total Assets is connected with ROA %.

Griffin Mining's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=18.428/( (279.808+294.559)/ 2 )
=18.428/287.1835
=6.42 %

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

Griffin Mining's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=77.87/( (279.808+294.559)/ 2 )
=77.87/287.1835
=0.27

* 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.

Griffin Mining Total Assets Related Terms

Thank you for viewing the detailed overview of Griffin Mining's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Griffin Mining (STU:GG7) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Griffin Mining Ltd is a mining and investment company. It is principally engaged in mining and exploration activities. The company is engaged in the Caijiaying zinc gold mine in the PRC.

Griffin Mining (STU:GG7) Headlines

No Headlines