Ariana Resources (AQSE:AAU.GB) Total Assets : £22.88 Mil (As of Jun. 2023)

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What is Ariana Resources Total Assets?

Ariana Resources's Total Assets for the quarter that ended in Jun. 2023 was £22.88 Mil.

During the past 12 months, Ariana Resources's average Total Assets Growth Rate was 4.40% per year. During the past 3 years, the average Total Assets Growth Rate was -13.90% per year. During the past 5 years, the average Total Assets Growth Rate was -9.10% per year. During the past 10 years, the average Total Assets Growth Rate was 13.10% per year.

During the past 13 years, Ariana Resources's highest 3-Year average Total Assets Growth Rate was 826.60%. The lowest was -17.20%. And the median was 16.10%.

Total Assets is connected with ROA %. Ariana Resources's annualized ROA % for the quarter that ended in Jun. 2023 was 0.94%. Total Assets is also linked to Revenue through Asset Turnover. Ariana Resources's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Ariana Resources Total Assets Historical Data

The historical data trend for Ariana 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.

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Ariana Resources Total Assets Chart

Ariana Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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24.14

29.53

32.01

30.59

27.90

Ariana Resources 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															36.19	30.59	29.98	27.90	22.88

Ariana 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.

Ariana Resources'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 )
	=	27.088	+	0.814
	=	27.90

Ariana Resources'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 )
	=	22.601	+	0.274
	=	22.88

Ariana Resources (AQSE:AAU.GB) Total Assets Explanation

Total Assets is connected with ROA %.

Ariana Resources'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 )
	=	0.238	/	( (27.902	+	22.875)	/ 2 )
	=	0.238	/	25.3885
	=	0.94 %

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.

Ariana Resources'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	/	( (27.902	+	22.875)	/ 2 )
=	0	/	25.3885
=	0.00

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.

Ariana Resources Total Assets Related Terms

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Ariana Resources (AQSE:AAU.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ariana Resources PLC (AQSE:AAU.GB) » Definitions » Total Assets

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AAU:UK

Address

45 King William Street, 2nd Floor, Regis House, London, GBR, EC4R 9AN

Website

https://www.arianaresources.com

Ariana Resources PLC involves in the acquisition, exploration, and development of gold and technology metals in Turkey and Australia. The company along with its subsidiaries focuses on the Red Rabbit Gold Project located in western Turkey and has the Salinbas,Tavsan, Ivrindi and other projects. The group currently identifies one division as an operating segment: mineral exploration. The activities for this operating segment are as follows: Mineral exploration: incorporates the acquisition, exploration and development of mineral resources. Reconciling items include non mineral exploration costs and transactions between Group and associate companies. Its geographical segments include the United Kingdom and Turkey.

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