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BHLIF (Bradda Head Lithium) Total Assets : $17.88 Mil (As of Aug. 2024)


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What is Bradda Head Lithium Total Assets?

Bradda Head Lithium's Total Assets for the quarter that ended in Aug. 2024 was $17.88 Mil.

During the past 12 months, Bradda Head Lithium's average Total Assets Growth Rate was 31.20% per year. During the past 3 years, the average Total Assets Growth Rate was 82.50% per year. During the past 5 years, the average Total Assets Growth Rate was 54.20% per year.

During the past 6 years, Bradda Head Lithium's highest 3-Year average Total Assets Growth Rate was 82.50%. The lowest was 40.90%. And the median was 64.80%.

Total Assets is connected with ROA %. Bradda Head Lithium's annualized ROA % for the quarter that ended in Aug. 2024 was 65.03%. Total Assets is also linked to Revenue through Asset Turnover. Bradda Head Lithium's Asset Turnover for the quarter that ended in Aug. 2024 was 0.00.


Bradda Head Lithium Total Assets Historical Data

The historical data trend for Bradda Head Lithium'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.

Bradda Head Lithium Total Assets Chart

Bradda Head Lithium Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Total Assets
Get a 7-Day Free Trial 2.73 2.65 13.36 18.20 15.85

Bradda Head Lithium Quarterly Data
Feb19 Feb20 Aug20 Feb21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 15.47 16.63 15.85 15.90 17.88

Bradda Head Lithium 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.

Bradda Head Lithium's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (A: Feb. 2024 )+Total Liabilities (A: Feb. 2024 )
=15.662+0.186
=15.85

Bradda Head Lithium's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets=Total Equity (Q: Aug. 2024 )+Total Liabilities (Q: Aug. 2024 )
=17.735+0.144
=17.88

* 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.


Bradda Head Lithium  (OTCPK:BHLIF) Total Assets Explanation

Total Assets is connected with ROA %.

Bradda Head Lithium's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %=Net Income (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=10.984/( (15.904+17.879)/ 2 )
=10.984/16.8915
=65.03 %

Note: The Net Income data used here is four times the quarterly (Aug. 2024) 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.

Bradda Head Lithium's Asset Turnover for the quarter that ended in Aug. 2024 is

Asset Turnover
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=0/( (15.904+17.879)/ 2 )
=0/16.8915
=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.

Bradda Head Lithium Total Assets Related Terms

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Bradda Head Lithium Business Description

Traded in Other Exchanges
Address
Craigmuir Chambers, Road Town, Tortola, VGB, VG1110
Bradda Head Lithium Ltd is a lithium exploration company focused on developing its high-quality projects in the USA. The company holds interest in The Basin Project and the Wikieup Project located in Central and Western Arizona.