BRVRF (Blue River Resources) Total Assets: $0.06 Mil (As of Jul. 2023)


What is Blue River Resources Total Assets?

Blue River Resources BRVRF -99.93% Total Assets is $0.06 Mil as of Jul. 2023.

Blue River Resources's Total Assets for the quarter that ended in Jul. 2023 was $0.06 Mil.

Total Assets is connected with ROA %. Blue River Resources's annualized ROA % for the quarter that ended in Jul. 2023 was -434.29%. Total Assets is also linked to Revenue through Asset Turnover. Blue River Resources's Asset Turnover for the quarter that ended in Jul. 2023 was 0.00.

Blue River Resources  (OTCPK:BRVRF) Total Assets Explanation

Total Assets is connected with ROA %.

Blue River Resources's annualized ROA % for the quarter that ended in Jul. 2023 is

ROA %=Net Income (Q: Jul. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Jul. 2023 ))/ count )
=-0.304/( (0.082+0.058)/ 2 )
=-0.304/0.07
=-434.29 %

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

Blue River Resources's Asset Turnover for the quarter that ended in Jul. 2023 is

Asset Turnover
=Revenue (Q: Jul. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Jul. 2023 ))/ count )
=0/( (0.082+0.058)/ 2 )
=0/0.07
=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.

Blue River Resources Total Assets Related Terms

Blue River Resources Total Assets Historical Data

* Premium members only.

The historical data trend for Blue River 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.

Blue River Resources Total Assets Chart

Blue River Resources Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.07 0.04 0.30 0.06

Blue River Resources Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 0.09 0.06 0.06 0.08 0.06

Blue River 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 River Resources's Total Assets for the fiscal year that ended in Oct. 2022 is calculated as

Total Assets=Total Equity (A: Oct. 2022 )+Total Liabilities (A: Oct. 2022 )
=-0.657+0.717
=0.06

Blue River Resources's Total Assets for the quarter that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (Q: Jul. 2023 )+Total Liabilities (Q: Jul. 2023 )
=-0.871+0.93
=0.06

* 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 $0.06 Mil mean?
Blue River Resources (BRVRF) has a Total Assets of $0.06 Mil as of Jul. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Blue River Resources and its competitors.
Is Blue River Resources' Total Assets too high?
Blue River Resources' current Total Assets is $0.06 Mil.
How does Blue River Resources' Total Assets compare to FCX and SCCO?
Blue River Resources' Total Assets of $0.06 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 Blue River Resources and its competitors. Blue River Resources's current Total Assets is $0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue River Resources stock overvalued right now?
Blue River Resources (BRVRF) has a current Total Assets of $0.06 Mil. The current Total Assets is $0.06 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 Blue River Resources (BRVRF), the current Total Assets is $0.06 Mil as of Jul. 2023. 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.

Blue River Resources Business Description

Address 1128 Alberni Street, Suite 2607, Vancouver, BC, CAN, V6E 4R6
Blue River Resources Ltd is a mineral exploration company, which engages in the acquisition, exploration, and development of mineral resource properties. The firm explores copper and gold deposits. Its portfolio includes the following: SWB Mining Claims in Ontario and Castle Copper Project in British Columbia.