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GBLEF (Global Energy Metals) Total Assets : $3.01 Mil (As of Dec. 2024)


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What is Global Energy Metals Total Assets?

Global Energy Metals's Total Assets for the quarter that ended in Dec. 2024 was $3.01 Mil.

During the past 12 months, Global Energy Metals's average Total Assets Growth Rate was -6.90% per year. During the past 3 years, the average Total Assets Growth Rate was -23.60% per year. During the past 5 years, the average Total Assets Growth Rate was -11.80% per year.

During the past 9 years, Global Energy Metals's highest 3-Year average Total Assets Growth Rate was 25.70%. The lowest was -23.60%. And the median was 15.15%.

Total Assets is connected with ROA %. Global Energy Metals's annualized ROA % for the quarter that ended in Dec. 2024 was -10.65%. Total Assets is also linked to Revenue through Asset Turnover. Global Energy Metals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Global Energy Metals Total Assets Historical Data

The historical data trend for Global Energy 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.

* Premium members only.

Global Energy Metals Total Assets Chart

Global Energy Metals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only 4.52 7.01 6.98 3.70 3.12

Global Energy Metals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.57 3.32 3.12 3.30 3.01

Global Energy 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.

Global Energy Metals's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=2.736+0.388
=3.12

Global Energy Metals's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=2.861+0.152
=3.01

* 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 Energy Metals  (OTCPK:GBLEF) Total Assets Explanation

Total Assets is connected with ROA %.

Global Energy Metals's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-0.336/( (3.297+3.013)/ 2 )
=-0.336/3.155
=-10.65 %

Note: The Net Income data used here is four times the quarterly (Dec. 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 Energy Metals's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (3.297+3.013)/ 2 )
=0/3.155
=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 Energy Metals Total Assets Related Terms

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Global Energy Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Energy Metals Corp (OTCPK:GBLEF) » Definitions » Total Assets
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Traded in Other Exchanges
GEMC:Canada
Address
128 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6B 1R8
Website
https://www.globalenergymetals.com
Global Energy Metals Corp offers investment exposure to the growing rechargeable battery and electric vehicle market by building a diversified portfolio of exploration and growth-stage cobalt assets. The company is a cobalt explorer and developer in the famed Mount Is a mining district in Queensland, Australia through the advancement of the Millennium Cobalt Project. Its other projects include Werner Lake Cobalt Project and Lovelock Mine, Rana Project, Monument PK, & Treasure Box Projects.