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DTWOF (D2 Lithium) Total Assets : $0.57 Mil (As of Aug. 2024)


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What is D2 Lithium Total Assets?

D2 Lithium's Total Assets for the quarter that ended in Aug. 2024 was $0.57 Mil.

During the past 12 months, D2 Lithium's average Total Assets Growth Rate was -83.70% per year. During the past 3 years, the average Total Assets Growth Rate was 3.70% per year. During the past 5 years, the average Total Assets Growth Rate was -3.50% per year. During the past 10 years, the average Total Assets Growth Rate was 2.90% per year.

During the past 13 years, D2 Lithium's highest 3-Year average Total Assets Growth Rate was 318.70%. The lowest was -72.60%. And the median was 6.05%.

Total Assets is connected with ROA %. D2 Lithium's annualized ROA % for the quarter that ended in Aug. 2024 was 107.38%. Total Assets is also linked to Revenue through Asset Turnover. D2 Lithium's Asset Turnover for the quarter that ended in Aug. 2024 was 0.00.


D2 Lithium Total Assets Historical Data

The historical data trend for D2 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.

D2 Lithium Total Assets Chart

D2 Lithium Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 2.81 3.24 3.75 3.01

D2 Lithium Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 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 Premium Member Only Premium Member Only Premium Member Only 3.58 3.01 0.54 0.62 0.57

D2 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.

D2 Lithium's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets=Total Equity (A: Nov. 2023 )+Total Liabilities (A: Nov. 2023 )
=1.798+1.208
=3.01

D2 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 )
=-0.628+1.202
=0.57

* 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.


D2 Lithium  (OTCPK:DTWOF) Total Assets Explanation

Total Assets is connected with ROA %.

D2 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 )
=0.64/( (0.618+0.574)/ 2 )
=0.64/0.596
=107.38 %

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.

D2 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/( (0.618+0.574)/ 2 )
=0/0.596
=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.

D2 Lithium Total Assets Related Terms

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D2 Lithium Business Description

Traded in Other Exchanges
Address
8661 – 201 Street, Suite 202, Langley, BC, CAN, V2Y 0G9
D2 Lithium Corp is a resource exploration company. The company is engaged in the business of acquiring and developing mineral properties. Its projects include the Teels Marsh Lithium project, Alkali Lake Lithium Project, and Salinas Grandes. Geographically, it operates in Canada, Argentina, and the United States. It has one business segment, mineral exploration.

D2 Lithium Headlines