GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sumo Resources PLC (XPAR:MLSUM) » Definitions » Total Assets

Sumo Resources (XPAR:MLSUM) Total Assets : €0.00 Mil (As of Dec. 2022)


View and export this data going back to 2015. Start your Free Trial

What is Sumo Resources Total Assets?

Sumo Resources's Total Assets for the quarter that ended in Dec. 2022 was €0.00 Mil.

During the past 12 months, Sumo Resources's average Total Assets Growth Rate was -100.00% per year.

During the past 7 years, Sumo Resources's highest 3-Year average Total Assets Growth Rate was 177.30%. The lowest was -46.30%. And the median was -30.70%.

Total Assets is connected with ROA %. Sumo Resources's annualized ROA % for the quarter that ended in Dec. 2022 was -5.94%. Total Assets is also linked to Revenue through Asset Turnover. Sumo Resources's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.

Sumo Resources Total Assets Historical Data

The historical data trend for Sumo 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.

* Premium members only.

Sumo Resources Total Assets Chart

Sumo Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial 0.66 0.47 0.27 0.10 -

Sumo Resources Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets Get a 7-Day Free Trial 0.66 0.47 0.27 0.10 -

Sumo 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.

Sumo 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 )
=-0.097+0.097
=0.00

Sumo Resources's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=-0.097+0.097
=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.

Sumo Resources  (XPAR:MLSUM) Total Assets Explanation

Total Assets is connected with ROA %.

Sumo Resources's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=-0.006/( (0.101+0)/ 1 )
=-0.006/0.101
=-5.94 %

Note: The Net Income data used here is one times the annual (Dec. 2022) 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.

Sumo Resources's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (0.101+0)/ 1 )
=0/0.101
=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.

Sumo Resources Total Assets Related Terms

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

Sumo Resources (XPAR:MLSUM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sumo Resources PLC (XPAR:MLSUM) » Definitions » Total Assets
Comparable Companies
BOM:530809 BOM:537784 BOM:540843 BOM:540259 BOM:542446 BOM:532701 BOM:530213 BOM:502589 BOM:543744 BOM:543522 ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
N/A
Address
34 Landguard Road, Southampton, Southampton, Hampshire, GBR, SO15 5DP
Website
https://www.sumoresources.com
Sumo Resources PLC is a rare minerals trading and extraction company operating in frontier regions. Its current mineral focus is Tantalum and Niobium.

Sumo Resources (XPAR:MLSUM) Headlines

No Headlines