Turquoise Hill Resources's Total Assets for the quarter that ended in Sep. 2022 was €14,921 Mil.
During the past 12 months, Turquoise Hill Resources's average Total Assets Growth Rate was 17.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 3.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 2.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.10% per year.
During the past 13 years, Turquoise Hill Resources's highest 3-Year average Total Assets Growth Rate was 138.10%. The lowest was -2.80%. And the median was 9.15%.
* 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.
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.
Turquoise Hill Resources's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
Turquoise Hill Resources (STU:IHM1) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 2022) 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.
Turquoise Hill Resources's Asset Turnover for the quarter that ended in Sep. 2022 is
* 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.
Turquoise Hill Resources Total Assets Related Terms
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Turquoise Hill Resources (STU:IHM1) Business Description
Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border.
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