GDLNF (Energy Transition Minerals) Total Assets : $13.95 Mil (As of Jun. 2024)

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What is Energy Transition Minerals Total Assets?

Energy Transition Minerals's Total Assets for the quarter that ended in Jun. 2024 was $13.95 Mil.

During the past 12 months, Energy Transition Minerals's average Total Assets Growth Rate was 20.50% per year. During the past 3 years, the average Total Assets Growth Rate was -59.20% per year. During the past 5 years, the average Total Assets Growth Rate was -52.90% per year. During the past 10 years, the average Total Assets Growth Rate was -25.90% per year.

During the past 13 years, Energy Transition Minerals's highest 3-Year average Total Assets Growth Rate was 146.80%. The lowest was -74.30%. And the median was 5.90%.

Total Assets is connected with ROA %. Energy Transition Minerals's annualized ROA % for the quarter that ended in Jun. 2024 was -21.98%. Total Assets is also linked to Revenue through Asset Turnover. Energy Transition Minerals's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Energy Transition Minerals Total Assets Historical Data

The historical data trend for Energy Transition Minerals'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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Energy Transition Minerals Total Assets Chart

Energy Transition Minerals Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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66.52

95.83

22.73

19.78

14.93

Energy Transition Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															21.56	19.78	18.33	14.93	13.95

Energy Transition Minerals 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.

Energy Transition Minerals'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 )
	=	13.936	+	0.998
	=	14.93

Energy Transition Minerals's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	12.509	+	1.44
	=	13.95

Energy Transition Minerals (OTCPK:GDLNF) Total Assets Explanation

Total Assets is connected with ROA %.

Energy Transition Minerals's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-3.174	/	( (14.934	+	13.948)	/ 2 )
	=	-3.174	/	14.441
	=	-21.98 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Energy Transition Minerals's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	0	/	( (14.934	+	13.948)	/ 2 )
=	0	/	14.441
=	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.

Energy Transition Minerals Total Assets Related Terms

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Energy Transition Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Energy Transition Minerals Ltd (OTCPK:GDLNF) » Definitions » Total Assets

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Traded in Other Exchanges

G7PA:Germany G7PA:Germany G7PA:Germany ETM:Australia

Address

111 Collins Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.etransmin.com

Energy Transition Minerals Ltd is a mineral exploration and evaluation company. It is focused on advancing the Kvanefjeld multi-element project (rare earth elements, uranium, and zinc). Kvanefjeld project is centered on the Ilimaussaq Alkaline Complex in southern Greenland. The group also commenced initial exploration work on the Villasrubias lithium project in Spain.

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