FUSEF (Fuse Battery Metals) Total Assets : $3.88 Mil (As of Sep. 2024)

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What is Fuse Battery Metals Total Assets?

Fuse Battery Metals's Total Assets for the quarter that ended in Sep. 2024 was $3.88 Mil.

During the past 12 months, Fuse Battery Metals's average Total Assets Growth Rate was 3.70% per year. During the past 3 years, the average Total Assets Growth Rate was 6.70% per year. During the past 5 years, the average Total Assets Growth Rate was 2.60% per year. During the past 10 years, the average Total Assets Growth Rate was 53.80% per year.

During the past 13 years, Fuse Battery Metals's highest 3-Year average Total Assets Growth Rate was 1037.90%. The lowest was -93.30%. And the median was 8.10%.

Total Assets is connected with ROA %. Fuse Battery Metals's annualized ROA % for the quarter that ended in Sep. 2024 was -10.55%. Total Assets is also linked to Revenue through Asset Turnover. Fuse Battery Metals's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Fuse Battery Metals Total Assets Historical Data

The historical data trend for Fuse Battery 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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Fuse Battery Metals Total Assets Chart

Fuse Battery Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2.66

3.14

3.45

4.71

4.26

Fuse Battery Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															4.36	4.26	4.12	4.01	3.88

Fuse Battery 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.

Fuse Battery Metals's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	4.246	+	0.016
	=	4.26

Fuse Battery Metals's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	3.879	+	N/A
	=	N/A

Fuse Battery Metals (OTCPK:FUSEF) Total Assets Explanation

Total Assets is connected with ROA %.

Fuse Battery Metals's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-0.416	/	( (4.005	+	3.879)	/ 2 )
	=	-0.416	/	3.942
	=	-10.55 %

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

Fuse Battery Metals's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0	/	( (4.005	+	3.879)	/ 2 )
=	0	/	3.942
=	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.

Fuse Battery Metals Total Assets Related Terms

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Fuse Battery Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fuse Battery Metals Inc (OTCPK:FUSEF) » Definitions » Total Assets

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Traded in Other Exchanges

43W0:Germany FUSE:Canada

Address

3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6

Website

https://www.fusebatterymetals.com

Fuse Battery Metals Inc is a Canada-based company engaged in the exploration and development of exploration and evaluation properties. The company currently holds interests in exploration and evaluation properties in the province of Ontario, Canada, and the state of Nevada, USA. Its projects include the Glencore Bucke Cobalt property, Teledyne Cobalt property and Teels Marsh property.