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Global Li-Ion Graphite (Global Li-Ion Graphite) Total Assets : $2.34 Mil (As of Feb. 2024)


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What is Global Li-Ion Graphite Total Assets?

Global Li-Ion Graphite's Total Assets for the quarter that ended in Feb. 2024 was $2.34 Mil.

During the past 12 months, Global Li-Ion Graphite's average Total Assets Growth Rate was 6.00% per year. During the past 3 years, the average Total Assets Growth Rate was -7.00% per year. During the past 5 years, the average Total Assets Growth Rate was -8.70% per year.

During the past 9 years, Global Li-Ion Graphite's highest 3-Year average Total Assets Growth Rate was 194.40%. The lowest was -8.40%. And the median was 27.00%.

Total Assets is connected with ROA %. Global Li-Ion Graphite's annualized ROA % for the quarter that ended in Feb. 2024 was -11.10%. Total Assets is also linked to Revenue through Asset Turnover. Global Li-Ion Graphite's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.


Global Li-Ion Graphite Total Assets Historical Data

The historical data trend for Global Li-Ion Graphite'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.

Global Li-Ion Graphite Total Assets Chart

Global Li-Ion Graphite Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Assets
Get a 7-Day Free Trial Premium Member Only 3.04 3.06 3.34 2.28 2.30

Global Li-Ion Graphite Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.22 2.21 2.30 2.27 2.34

Global Li-Ion Graphite 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.

Global Li-Ion Graphite's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (A: Aug. 2023 )+Total Liabilities (A: Aug. 2023 )
=1.666+0.637
=2.30

Global Li-Ion Graphite's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=1.771+0.568
=2.34

* 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.


Global Li-Ion Graphite  (OTCPK:GBBGF) Total Assets Explanation

Total Assets is connected with ROA %.

Global Li-Ion Graphite's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-0.256/( (2.273+2.339)/ 2 )
=-0.256/2.306
=-11.10 %

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

Global Li-Ion Graphite's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=0/( (2.273+2.339)/ 2 )
=0/2.306
=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.

Global Li-Ion Graphite Total Assets Related Terms

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Global Li-Ion Graphite (Global Li-Ion Graphite) Business Description

Traded in Other Exchanges
Address
510 Burrard Street, Suite 908, Vancouver, BC, CAN, V6C 3A8
Global Li-Ion Graphite Corp is engaged in the acquisition, exploration, and development of mineral resources. It mainly focuses on the development of graphite projects with an intent to supply the rapidly growing energy storage industry. Some of the company's projects are Lac de Gras, Neuron Graphite, and Madagascar Graphite. Each Li-Ion Battery requires Graphite, Lithium, Cobalt and nickel. Geographically, it operates in Canada and Madagascar, out of which the majority of revenue is from Canada.

Global Li-Ion Graphite (Global Li-Ion Graphite) Headlines