GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Brazilian Rare Earths Ltd (ASX:BRE) » Definitions » Total Assets

Brazilian Rare Earths (ASX:BRE) Total Assets : A$51.01 Mil (As of Jun. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Brazilian Rare Earths Total Assets?

Brazilian Rare Earths's Total Assets for the quarter that ended in Jun. 2023 was A$51.01 Mil.

During the past 12 months, Brazilian Rare Earths's average Total Assets Growth Rate was 58.20% per year.

Total Assets is connected with ROA %. Brazilian Rare Earths's annualized ROA % for the quarter that ended in Jun. 2023 was -41.43%. Total Assets is also linked to Revenue through Asset Turnover. Brazilian Rare Earths's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Brazilian Rare Earths Total Assets Historical Data

The historical data trend for Brazilian Rare Earths'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.

Brazilian Rare Earths Total Assets Chart

Brazilian Rare Earths Annual Data
Trend Dec22 Dec23
Total Assets
20.04 51.40

Brazilian Rare Earths Semi-Annual Data
Dec22 Jun23 Dec23
Total Assets 20.04 51.01 51.40

Brazilian Rare Earths 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.

Brazilian Rare Earths'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 )
=35.82+15.576
=51.40

Brazilian Rare Earths'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 )
=39.151+11.863
=51.01

* 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.

Brazilian Rare Earths  (ASX:BRE) Total Assets Explanation

Total Assets is connected with ROA %.

Brazilian Rare Earths'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 )
=-14.72/( (20.043+51.014)/ 2 )
=-14.72/35.5285
=-41.43 %

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.

Brazilian Rare Earths'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/( (20.043+51.014)/ 2 )
=0/35.5285
=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.

Brazilian Rare Earths Total Assets Related Terms

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

Brazilian Rare Earths (ASX:BRE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Brazilian Rare Earths Ltd (ASX:BRE) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
X84:Germany X84:Germany
Address
11-15 Labouchere Road, Suite 53, Level 2, South Perth, WA, AUS, 6151
Website
https://www.brazilianrareearths.com
Brazilian Rare Earths Ltd is an Australian-based company focused on exploring rare earth elements and other critical minerals in Brazil. The company owns and operates a district-scale Tier One Rare Earths Province, located in North Eastern Brazil. The company has a project named Rocha da Rocha Critical Minerals which represents one of the exciting critical minerals discoveries globally.

Brazilian Rare Earths (ASX:BRE) Headlines

No Headlines