AMLM (American Lithium Minerals) Total Assets: $2.95 Mil (As of Jun. 2011)


What is American Lithium Minerals Total Assets?

American Lithium Minerals AMLM -12.23% Total Assets is $2.95 Mil as of Jun. 2011.

American Lithium Minerals's Total Assets for the quarter that ended in Jun. 2011 was $2.95 Mil.

Total Assets is connected with ROA %. American Lithium Minerals's annualized ROA % for the quarter that ended in Jun. 2011 was -79.65%. Total Assets is also linked to Revenue through Asset Turnover. American Lithium Minerals's Asset Turnover for the quarter that ended in Jun. 2011 was 0.00.

American Lithium Minerals  (OTCPK:AMLM) Total Assets Explanation

Total Assets is connected with ROA %.

American Lithium Minerals's annualized ROA % for the quarter that ended in Jun. 2011 is

ROA %=Net Income (Q: Jun. 2011 )/( (Total Assets (Q: Mar. 2011 )+Total Assets (Q: Jun. 2011 ))/ count )
=-2.36/( (2.973+2.953)/ 2 )
=-2.36/2.963
=-79.65 %

Note: The Net Income data used here is four times the quarterly (Jun. 2011) 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.

American Lithium Minerals's Asset Turnover for the quarter that ended in Jun. 2011 is

Asset Turnover
=Revenue (Q: Jun. 2011 )/( (Total Assets (Q: Mar. 2011 )+Total Assets (Q: Jun. 2011 ))/ count )
=0/( (2.973+2.953)/ 2 )
=0/2.963
=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.

American Lithium Minerals Total Assets Related Terms

American Lithium Minerals Total Assets Historical Data

* Premium members only.

The historical data trend for American Lithium Minerals'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.

American Lithium Minerals Total Assets Chart

American Lithium Minerals Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10
Total Assets
0.00 0.00 0.00 1.70 3.38

American Lithium Minerals Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.63 3.38 3.43 2.97 2.95

American Lithium Minerals 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.

American Lithium Minerals's Total Assets for the fiscal year that ended in Sep. 2010 is calculated as

Total Assets=Total Equity (A: Sep. 2010 )+Total Liabilities (A: Sep. 2010 )
=2.668+0.71
=3.38

American Lithium Minerals's Total Assets for the quarter that ended in Jun. 2011 is calculated as

Total Assets=Total Equity (Q: Jun. 2011 )+Total Liabilities (Q: Jun. 2011 )
=0.105+2.848
=2.95

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $2.95 Mil mean?
American Lithium Minerals (AMLM) has a Total Assets of $2.95 Mil as of Jun. 2011. The total amount of assets as recorded on a company's balance sheet. View historical data on American Lithium Minerals and its competitors.
Is American Lithium Minerals' Total Assets too high?
American Lithium Minerals' current Total Assets is $2.95 Mil.
How does American Lithium Minerals' Total Assets compare to RMES and LITH?
American Lithium Minerals' Total Assets of $2.95 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on American Lithium Minerals and its competitors. American Lithium Minerals's current Total Assets is $2.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Lithium Minerals stock overvalued right now?
American Lithium Minerals (AMLM) has a current Total Assets of $2.95 Mil. The current Total Assets is $2.95 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For American Lithium Minerals (AMLM), the current Total Assets is $2.95 Mil as of Jun. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Lithium Minerals Business Description

Address 6440 Sky Pointe Drive, Suite 140-149, Las Vegas, NV, USA, 89131
American Lithium Minerals Inc. is engaged in the acquisition and exploration of mining properties. The company focuses on exploring lithium, uranium, and rare earth elements. Its projects include the Sarcobatus Lithium Project, located at Scotty's Junction in Nye County, Nevada, and the Kingman Rare Earth Project, situated about 5 miles north of Kingman, Arizona, on the eastern flank of Bull Mountain.