BLAGF (Blue Lagoon Resources) Total Assets : $16.76 Mil (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Blue Lagoon Resources Total Assets?

Blue Lagoon Resources's Total Assets for the quarter that ended in Dec. 2024 was $16.76 Mil.

During the past 12 months, Blue Lagoon Resources's average Total Assets Growth Rate was 12.80% per year. During the past 3 years, the average Total Assets Growth Rate was -7.30% per year. During the past 5 years, the average Total Assets Growth Rate was 180.70% per year.

During the past 6 years, Blue Lagoon Resources's highest 3-Year average Total Assets Growth Rate was 761.30%. The lowest was -7.30%. And the median was 62.60%.

Total Assets is connected with ROA %. Blue Lagoon Resources's annualized ROA % for the quarter that ended in Dec. 2024 was -19.55%. Total Assets is also linked to Revenue through Asset Turnover. Blue Lagoon Resources's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Blue Lagoon Resources Total Assets Historical Data

The historical data trend for Blue Lagoon 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.

Blue Lagoon Resources Total Assets Chart

Blue Lagoon Resources Annual Data

Trend

Nov18

Nov19

Mar21

Mar22

Mar23

Mar24

Total Assets

Get a 7-Day Free Trial

4.36

26.38

27.07

17.11

18.15

Blue Lagoon Resources Quarterly Data
	May19	Aug19	Nov19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															15.87	15.67	18.15	17.52	16.76

Blue Lagoon 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.

Blue Lagoon Resources's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	12.381	+	5.773
	=	18.15

Blue Lagoon Resources's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	11.213	+	5.549
	=	16.76

Blue Lagoon Resources (OTCPK:BLAGF) Total Assets Explanation

Total Assets is connected with ROA %.

Blue Lagoon Resources's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-3.352	/	( (17.523	+	16.761)	/ 2 )
	=	-3.352	/	17.142
	=	-19.55 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Blue Lagoon Resources's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0	/	( (17.523	+	16.761)	/ 2 )
=	0	/	17.142
=	0.00

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.

Blue Lagoon Resources Total Assets Related Terms

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

Blue Lagoon Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blue Lagoon Resources Inc (OTCPK:BLAGF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

7BL:Germany BLLG:Canada

Address

750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8

Website

https://www.bluelagoonresources.com

Blue Lagoon Resources Inc is engaged in the exploration of mineral properties in Canada. Its business is to acquire, explore, and evaluate mineral resource interests. The projects of the company include Pellair Gold Project, Dome Mountain Gold Project, and Big Onion Project.