BMXI (Brookmount Explorations) Total Assets: $0.02 Mil (As of Nov. 2009)

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What is Brookmount Explorations Total Assets?

Brookmount Explorations BMXI -4.41% Total Assets is $0.02 Mil as of Nov. 2009.

Brookmount Explorations's Total Assets for the quarter that ended in Nov. 2009 was $0.02 Mil.

Total Assets is connected with ROA %. Brookmount Explorations's annualized ROA % for the quarter that ended in Nov. 2009 was -2,218.18%. Total Assets is also linked to Revenue through Asset Turnover. Brookmount Explorations's Asset Turnover for the quarter that ended in Nov. 2009 was 0.00.

Brookmount Explorations  (OTCPK:BMXI) Total Assets Explanation

Total Assets is connected with ROA %.

Brookmount Explorations's annualized ROA % for the quarter that ended in Nov. 2009 is

ROA %=Net Income (Q: Nov. 2009 )/( (Total Assets (Q: Nov. 2008 )+Total Assets (Q: Nov. 2009 ))/ count )
=-0.366/( (0.011+0.022)/ 2 )
=-0.366/0.0165
=-2,218.18 %

Note: The Net Income data used here is one times the annual (Nov. 2009) 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.

Brookmount Explorations's Asset Turnover for the quarter that ended in Nov. 2009 is

Asset Turnover
=Revenue (Q: Nov. 2009 )/( (Total Assets (Q: Nov. 2008 )+Total Assets (Q: Nov. 2009 ))/ count )
=0/( (0.011+0.022)/ 2 )
=0/0.0165
=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.

Brookmount Explorations Total Assets Related Terms

Brookmount Explorations Total Assets Historical Data

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The historical data trend for Brookmount Explorations'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.

Brookmount Explorations Total Assets Chart

Brookmount Explorations Annual Data
Trend Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Total Assets
Get a 7-Day Free Trial 0.07 0.03 0.02 0.01 0.02

Brookmount Explorations Semi-Annual Data
Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Total Assets Get a 7-Day Free Trial 0.07 0.03 0.02 0.01 0.02

Brookmount Explorations 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.

Brookmount Explorations's Total Assets for the fiscal year that ended in Nov. 2009 is calculated as

Total Assets=Total Equity (A: Nov. 2009 )+Total Liabilities (A: Nov. 2009 )
=-0.763+0.785
=0.02

Brookmount Explorations's Total Assets for the quarter that ended in Nov. 2009 is calculated as

Total Assets=Total Equity (Q: Nov. 2009 )+Total Liabilities (Q: Nov. 2009 )
=-0.763+0.785
=0.02

* 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 $0.02 Mil mean?
Brookmount Explorations (BMXI) has a Total Assets of $0.02 Mil as of Nov. 2009. The total amount of assets as recorded on a company's balance sheet. View historical data on Brookmount Explorations and its competitors.
Is Brookmount Explorations' Total Assets too high?
Brookmount Explorations' current Total Assets is $0.02 Mil.
How does Brookmount Explorations' Total Assets compare to GLNS and MAGE?
Brookmount Explorations' Total Assets of $0.02 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 Brookmount Explorations and its competitors. Brookmount Explorations's current Total Assets is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookmount Explorations stock overvalued right now?
Brookmount Explorations (BMXI) has a current Total Assets of $0.02 Mil. The current Total Assets is $0.02 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 Brookmount Explorations (BMXI), the current Total Assets is $0.02 Mil as of Nov. 2009. 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.

Brookmount Explorations Business Description

Address 1 East Liberty, Suite 600, Reno, NV, USA, 89501
Brookmount Explorations is a United States-based company that encompasses the exploration, extraction, processing, and sale of gold bullion through locally based trading houses. The Company currently operates two individual mining sites in the North Minahasa region of Sulawesi Province, Indonesia: one at Talawaan, near the regional capital Manado. The other site is located at Ratatotock. In addition, the Company has also acquired an interest in the Moosehorn Gold Project, located southwest of Dawson City, Yukon, Canada, and two additional gold projects in the Tintina Gold Belt in Alaska. The Company operates predominantly in one industry and one geographical segment, those being gold mining and Indonesia.