3D Metal Forge (ASX:3MF) Total Assets : A$6.98 Mil (As of Dec. 2021)

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What is 3D Metal Forge Total Assets?

3D Metal Forge's Total Assets for the quarter that ended in Dec. 2021 was A$6.98 Mil.

Total Assets is connected with ROA %. 3D Metal Forge's annualized ROA % for the quarter that ended in Dec. 2021 was -74.96%. Total Assets is also linked to Revenue through Asset Turnover. 3D Metal Forge's Asset Turnover for the quarter that ended in Dec. 2021 was 0.07.

3D Metal Forge Total Assets Historical Data

The historical data trend for 3D Metal Forge'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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3D Metal Forge Total Assets Chart

3D Metal Forge Annual Data

Trend

Dec21

Total Assets

6.98

3D Metal Forge Semi-Annual Data
	Jun21	Dec21
Total Assets	9.56	6.98

3D Metal Forge 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.

3D Metal Forge's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	0.618	+	6.363
	=	6.98

3D Metal Forge's Total Assets for the quarter that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2021 )	+	Total Liabilities (Q: Dec. 2021 )
	=	0.618	+	6.363
	=	6.98

3D Metal Forge (ASX:3MF) Total Assets Explanation

Total Assets is connected with ROA %.

3D Metal Forge's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %	=	Net Income (Q: Dec. 2021 )	/	( (Total Assets (Q: Jun. 2021 )	+	Total Assets (Q: Dec. 2021 ))	/ count )
	=	-6.198	/	( (9.556	+	6.98)	/ 2 )
	=	-6.198	/	8.268
	=	-74.96 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2021) 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.

3D Metal Forge's Asset Turnover for the quarter that ended in Dec. 2021 is

	Asset Turnover
=	Revenue (Q: Dec. 2021 )	/	( (Total Assets (Q: Jun. 2021 )	+	Total Assets (Q: Dec. 2021 ))	/ count )
=	0.576	/	( (9.556	+	6.98)	/ 2 )
=	0.576	/	8.268
=	0.07

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.

3D Metal Forge Total Assets Related Terms

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3D Metal Forge (ASX:3MF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 3D Metal Forge Ltd (ASX:3MF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ord Street, Ground Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.3dmetalforge.com

3D Metal Forge Ltd is engaged in the business of providing 3D metal printing solutions and services. Also, the company provides diagnostic analysis, design services, client facility operation, and training services. Its geographical segments include Australia; Singapore and United States. The company generates maximum revenue from Singapore.

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