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FCLIF (Full Circle Lithium) Total Assets : $5.32 Mil (As of Jan. 2025)


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What is Full Circle Lithium Total Assets?

Full Circle Lithium's Total Assets for the quarter that ended in Jan. 2025 was $5.32 Mil.

During the past 12 months, Full Circle Lithium's average Total Assets Growth Rate was -13.80% per year.

Total Assets is connected with ROA %. Full Circle Lithium's annualized ROA % for the quarter that ended in Jan. 2025 was -24.13%. Total Assets is also linked to Revenue through Asset Turnover. Full Circle Lithium's Asset Turnover for the quarter that ended in Jan. 2025 was 0.07.


Full Circle Lithium Total Assets Historical Data

The historical data trend for Full Circle 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.

Full Circle Lithium Total Assets Chart

Full Circle Lithium Annual Data
Trend Dec21 Oct22 Oct23
Total Assets
0.26 4.00 8.42

Full Circle Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 6.72 6.04 6.43 5.63 5.32

Full Circle 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.

Full Circle Lithium's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (A: Oct. 2023 )+Total Liabilities (A: Oct. 2023 )
=7.223+1.198
=8.42

Full Circle Lithium's Total Assets for the quarter that ended in Jan. 2025 is calculated as

Total Assets=Total Equity (Q: Jan. 2025 )+Total Liabilities (Q: Jan. 2025 )
=4.933+0.383
=5.32

* 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.


Full Circle Lithium  (OTCPK:FCLIF) Total Assets Explanation

Total Assets is connected with ROA %.

Full Circle Lithium's annualized ROA % for the quarter that ended in Jan. 2025 is

ROA %=Net Income (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=-1.32/( (5.625+5.317)/ 2 )
=-1.32/5.471
=-24.13 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) 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.

Full Circle Lithium's Asset Turnover for the quarter that ended in Jan. 2025 is

Asset Turnover
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=0.385/( (5.625+5.317)/ 2 )
=0.385/5.471
=0.07

* 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.

Full Circle Lithium Total Assets Related Terms

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Full Circle Lithium Business Description

Traded in Other Exchanges
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Full Circle Lithium Corp is a lithium processor focused on lithium and battery materials reintegration to meet the demand for crucial battery-grade raw materials, utilizing proprietary technology and know-how. Full Circle is focused on three complementary battery material processing divisions: battery recycling from end-of-life lithium-ion batteries, lithium feedstock recycling from industrial and chemical feedstock, and lithium refinery from upstream feedstock. The company operates in only one reportable segment, being the manufacture and sale of a lithium-ion battery fire extinguishing agent, FCL-X.