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Sierra Rutile Holdings (ASX:SRX) Total Assets : A$313.4 Mil (As of Dec. 2023)


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What is Sierra Rutile Holdings Total Assets?

Sierra Rutile Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$313.4 Mil.

During the past 12 months, Sierra Rutile Holdings's average Total Assets Growth Rate was 9.60% per year.

Total Assets is connected with ROA %. Sierra Rutile Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -17.88%. Total Assets is also linked to Revenue through Asset Turnover. Sierra Rutile Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.31.

Sierra Rutile Holdings Total Assets Historical Data

The historical data trend for Sierra Rutile Holdings'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.

Sierra Rutile Holdings Total Assets Chart

Sierra Rutile Holdings Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
231.09 331.16 313.40

Sierra Rutile Holdings Semi-Annual Data
Dec22 Jun23 Dec23
Total Assets 331.16 337.25 313.40

Sierra Rutile Holdings 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.

Sierra Rutile Holdings'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 )
=172.572+140.824
=313.4

Sierra Rutile Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=172.572+140.824
=313.4

* 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.

Sierra Rutile Holdings  (ASX:SRX) Total Assets Explanation

Total Assets is connected with ROA %.

Sierra Rutile Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-58.174/( (337.251+313.396)/ 2 )
=-58.174/325.3235
=-17.88 %

Note: The Net Income data used here is two times the semi-annual (Dec. 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.

Sierra Rutile Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=100.712/( (337.251+313.396)/ 2 )
=100.712/325.3235
=0.31

* 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.

Sierra Rutile Holdings Total Assets Related Terms

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Sierra Rutile Holdings (ASX:SRX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sierra Rutile Holdings Ltd (ASX:SRX) » Definitions » Total Assets
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Traded in Other Exchanges
SRRHF:USA
Address
225 Saint Georges Terrace, Level 8, Perth, WA, AUS, 6000
Website
https://www.sierra-rutile.com
Sierra Rutile Holdings Ltd is a multi-mine operation straddling the Bonthe and Moyamba districts in southern Sierra Leone. It offers Titanium Dioxide Feedstocks, Standard Grade Rutile (SGR). Industrial Grade Rutile (IGR), High-grade ilmenite, and Zircon-in-concentrate (ZIC). Sierra Rutile's primary products serve end-use applications namely Pigment; Metal; and Welding end-use applications.

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