Borealis Mining Co (FRA:L4B0) Total Assets : €5.24 Mil (As of Jan. 2025)

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What is Borealis Mining Co Total Assets?

Borealis Mining Co's Total Assets for the quarter that ended in Jan. 2025 was €5.24 Mil.

Total Assets is connected with ROA %. Borealis Mining Co's annualized ROA % for the quarter that ended in Jan. 2025 was -207.85%. Total Assets is also linked to Revenue through Asset Turnover. Borealis Mining Co's Asset Turnover for the quarter that ended in Jan. 2025 was 0.19.

Borealis Mining Co Total Assets Historical Data

The historical data trend for Borealis Mining Co'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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Borealis Mining Co Total Assets Chart

Borealis Mining Co Annual Data

Trend

Jul23

Jul24

Total Assets

1.92

6.80

Borealis Mining Co Quarterly Data
	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Assets	Get a 7-Day Free Trial			-	8.61	6.80	5.43	5.24

Borealis Mining Co 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.

Borealis Mining Co's Total Assets for the fiscal year that ended in Jul. 2024 is calculated as

Total Assets	=	Total Equity (A: Jul. 2024 )	+	Total Liabilities (A: Jul. 2024 )
	=	-3.658	+	10.456
	=	6.80

Borealis Mining Co'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 )
	=	-6.872	+	12.111
	=	5.24

Borealis Mining Co (FRA:L4B0) Total Assets Explanation

Total Assets is connected with ROA %.

Borealis Mining Co'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 )
	=	-11.088	/	( (5.429	+	5.24)	/ 2 )
	=	-11.088	/	5.3345
	=	-207.85 %

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.

Borealis Mining Co'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 )
=	0.988	/	( (5.429	+	5.24)	/ 2 )
=	0.988	/	5.3345
=	0.19

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.

Borealis Mining Co Total Assets Related Terms

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Borealis Mining Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Borealis Mining Co Ltd (FRA:L4B0) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

L4B0:Germany BOGO:Canada

Address

410 West Georgia Street, 5th Floor, Vancouver, BC, CAN, V6B 1Z3

Website

https://www.borealismining.com

Borealis Mining Co Ltd is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties. The company's principal project is the Borealis Project which is a fully permitted silver-gold mine, absorption, desorption, and refining plant, located near Hawthorne, Nevada.

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