Energy Resources of Australia (ASX:ERA) Total Assets : A$925.23 Mil (As of Jun. 2023)

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What is Energy Resources of Australia Total Assets?

Energy Resources of Australia's Total Assets for the quarter that ended in Jun. 2023 was A$925.23 Mil.

During the past 12 months, Energy Resources of Australia's average Total Assets Growth Rate was 3.20% per year. During the past 3 years, the average Total Assets Growth Rate was -3.10% per year. During the past 5 years, the average Total Assets Growth Rate was 14.20% per year. During the past 10 years, the average Total Assets Growth Rate was -5.00% per year.

During the past 13 years, Energy Resources of Australia's highest 3-Year average Total Assets Growth Rate was 24.80%. The lowest was -30.60%. And the median was 1.70%.

Total Assets is connected with ROA %. Energy Resources of Australia's annualized ROA % for the quarter that ended in Jun. 2023 was -82.56%. Total Assets is also linked to Revenue through Asset Turnover. Energy Resources of Australia's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Energy Resources of Australia Total Assets Historical Data

The historical data trend for Energy Resources of Australia'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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Energy Resources of Australia Total Assets Chart

Energy Resources of Australia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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566.58

1,000.15

855.93

679.77

828.80

Energy Resources of Australia 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															855.93	778.47	679.77	925.23	828.80

Energy Resources of Australia 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.

Energy Resources of Australia'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 )
	=	-1627.3	+	2456.1
	=	828.80

Energy Resources of Australia'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 )
	=	-570.232	+	1495.461
	=	925.23

Energy Resources of Australia (ASX:ERA) Total Assets Explanation

Total Assets is connected with ROA %.

Energy Resources of Australia'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 )
	=	-662.538	/	( (679.771	+	925.229)	/ 2 )
	=	-662.538	/	802.5
	=	-82.56 %

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.

Energy Resources of Australia'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	/	( (679.771	+	925.229)	/ 2 )
=	0	/	802.5
=	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.

Energy Resources of Australia Total Assets Related Terms

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Energy Resources of Australia (ASX:ERA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Energy Resources of Australia Ltd (ASX:ERA) » Definitions » Total Assets

Comparable Companies

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EGRAY:USA EGRAF:USA EJ7:Germany

Address

18-20 Cavenagh Street, GPO Box 2394, Level 3, Energy House, Darwin, NT, AUS, 0801

Website

http://www.energyres.com.au

Energy Resources of Australia Ltd (ERA) is engaged in mining, processing, and sale of uranium oxide. It operates the Ranger uranium mine. The Ranger mine's operational infrastructure lies within the 79-square kilometer Ranger Project Area, which is located eight kilometers east of Jabiru and 260 kilometers east of Darwin, in the Northern Territory of Australia.