GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Lithium Resources Ltd (ASX:GL1) » Definitions » Total Assets

Global Lithium Resources (ASX:GL1) Total Assets : A$173.40 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Global Lithium Resources Total Assets?

Global Lithium Resources's Total Assets for the quarter that ended in Dec. 2023 was A$173.40 Mil.

During the past 12 months, Global Lithium Resources's average Total Assets Growth Rate was 34.40% per year.

Total Assets is connected with ROA %. Global Lithium Resources's annualized ROA % for the quarter that ended in Dec. 2023 was -3.07%. Total Assets is also linked to Revenue through Asset Turnover. Global Lithium Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Global Lithium Resources Total Assets Historical Data

The historical data trend for Global Lithium 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.

Global Lithium Resources Total Assets Chart

Global Lithium Resources Annual Data
Trend Jun21 Jun22 Jun23
Total Assets
13.38 61.86 176.33

Global Lithium Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 32.08 61.86 178.52 176.33 173.40

Global Lithium 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.

Global Lithium Resources's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=171.429+4.902
=176.33

Global Lithium Resources'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 )
=168.809+4.592
=173.40

* 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.

Global Lithium Resources  (ASX:GL1) Total Assets Explanation

Total Assets is connected with ROA %.

Global Lithium Resources'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 )
=-5.36/( (176.332+173.401)/ 2 )
=-5.36/174.8665
=-3.07 %

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.

Global Lithium Resources'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 )
=0/( (176.332+173.401)/ 2 )
=0/174.8665
=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.

Global Lithium Resources Total Assets Related Terms

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

Global Lithium Resources (ASX:GL1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Lithium Resources Ltd (ASX:GL1) » Definitions » Total Assets
Comparable Companies
ASX:MAH ASX:RHI ASX:INR ASX:OMH ASX:LPI ASX:IPX ASX:LOT ASX:JMS ASX:VUL ASX:SVM 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
16 Ventnor Avenue, Level 1, Perth, WA, AUS, 6005
Website
https://www.globallithium.com.au
Global Lithium Resources Ltd is an emerging lithium exploration company with a primary 100% focus on the Marble Bar Lithium Project in the Pilbara region of Western Australia and an 80% interest in the exploration rights and future mining rights to lithium and lithium associated comineral rights in the Manna Lithium Project.

Global Lithium Resources (ASX:GL1) Headlines

No Headlines