GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Central Iron Ore Ltd (TSXV:CIO) » Definitions » Total Assets

Central Iron Ore (TSXV:CIO) Total Assets : C$4.84 Mil (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Central Iron Ore Total Assets?

Central Iron Ore's Total Assets for the quarter that ended in Sep. 2024 was C$4.84 Mil.

During the past 12 months, Central Iron Ore's average Total Assets Growth Rate was 26.70% per year. During the past 3 years, the average Total Assets Growth Rate was 26.60% per year. During the past 5 years, the average Total Assets Growth Rate was 16.20% per year. During the past 10 years, the average Total Assets Growth Rate was -0.30% per year.

During the past 13 years, Central Iron Ore's highest 3-Year average Total Assets Growth Rate was 125.90%. The lowest was -24.50%. And the median was -1.00%.

Total Assets is connected with ROA %. Central Iron Ore's annualized ROA % for the quarter that ended in Sep. 2024 was -24.00%. Total Assets is also linked to Revenue through Asset Turnover. Central Iron Ore's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.


Central Iron Ore Total Assets Historical Data

The historical data trend for Central Iron Ore'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.

Central Iron Ore Total Assets Chart

Central Iron Ore Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 2.25 3.00 3.55 4.02

Central Iron Ore Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.92 4.03 3.89 4.02 4.84

Central Iron Ore 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.

Central Iron Ore's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=1.25+2.773
=4.02

Central Iron Ore's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=1.513+3.331
=4.84

* 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.


Central Iron Ore  (TSXV:CIO) Total Assets Explanation

Total Assets is connected with ROA %.

Central Iron Ore's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-1.064/( (4.023+4.843)/ 2 )
=-1.064/4.433
=-24.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Central Iron Ore's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (4.023+4.843)/ 2 )
=0/4.433
=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.

Central Iron Ore Total Assets Related Terms

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


Central Iron Ore Business Description

Traded in Other Exchanges
N/A
Address
49-51 York Street, Level 2, Suite 1, Sydney, NSW, AUS, 2000
Central Iron Ore Ltd is a junior mineral exploration and development company. The firm engages in the exploration and development of gold in Australia. It holds interests in Red 5 Joint Venture, British King Gold Mine, South Darlot Joint Venture Project, and South Darlot Gold Project. The company generates maximum revenue from Australia and also has its presence in Canada.
Executives
Rainidays Pty Ltd Director