BTU Metals (BTU Metals) Total Assets : $5.84 Mil (As of Jan. 2024)

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What is BTU Metals Total Assets?

BTU Metals's Total Assets for the quarter that ended in Jan. 2024 was $5.84 Mil.

During the past 12 months, BTU Metals's average Total Assets Growth Rate was -37.20% per year. During the past 3 years, the average Total Assets Growth Rate was 83.30% per year.

During the past 13 years, BTU Metals's highest 3-Year average Total Assets Growth Rate was 96.40%. The lowest was 26.00%. And the median was 83.30%.

Total Assets is connected with ROA %. BTU Metals's annualized ROA % for the quarter that ended in Jan. 2024 was -6.66%. Total Assets is also linked to Revenue through Asset Turnover. BTU Metals's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

BTU Metals Total Assets Historical Data

The historical data trend for BTU Metals'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.

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BTU Metals Total Assets Chart

BTU Metals Annual Data

Trend

Apr12

Apr13

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Total Assets

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1.04

1.67

6.00

8.00

8.58

BTU Metals Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															7.70	7.83	6.13	5.81	5.84

BTU Metals 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.

BTU Metals's Total Assets for the fiscal year that ended in Apr. 2022 is calculated as

Total Assets	=	Total Equity (A: Apr. 2022 )	+	Total Liabilities (A: Apr. 2022 )
	=	8.355	+	0.223
	=	8.58

BTU Metals's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	5.815	+	0.02
	=	5.84

BTU Metals (OTCPK:BTUMF) Total Assets Explanation

Total Assets is connected with ROA %.

BTU Metals's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-0.388	/	( (5.81	+	5.836)	/ 2 )
	=	-0.388	/	5.823
	=	-6.66 %

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

BTU Metals's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0	/	( (5.81	+	5.836)	/ 2 )
=	0	/	5.823
=	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.

BTU Metals Total Assets Related Terms

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BTU Metals (BTU Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BTU Metals Corp (OTCPK:BTUMF) » Definitions » Total Assets

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BTU:Canada

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2

Website

https://www.btumetals.com

BTU Metals Corp is a Canadian-based company engaged in the identifying, acquisition, and exploration of mineral property. Its Projects include Galway Gold Property, Dixie Halo East Project, Dixie Halo South Project, Dixie Halo Southeast Project, Dixie Halo Southeast Extension Project, and others.