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GMTLF (Guardian Metal Resources) Total Assets : $15.02 Mil (As of Dec. 2024)


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What is Guardian Metal Resources Total Assets?

Guardian Metal Resources's Total Assets for the quarter that ended in Dec. 2024 was $15.02 Mil.

During the past 12 months, Guardian Metal Resources's average Total Assets Growth Rate was 16.90% per year.

Total Assets is connected with ROA %. Guardian Metal Resources's annualized ROA % for the quarter that ended in Dec. 2024 was -14.31%. Total Assets is also linked to Revenue through Asset Turnover. Guardian Metal Resources's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.


Guardian Metal Resources Total Assets Historical Data

The historical data trend for Guardian Metal Resources'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.

Guardian Metal Resources Total Assets Chart

Guardian Metal Resources Annual Data
Trend Jun22 Jun23 Jun24
Total Assets
7.45 9.45 12.55

Guardian Metal Resources Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial 7.48 9.45 8.90 12.55 15.02

Guardian Metal Resources 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.

Guardian Metal Resources'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 )
=11.723+0.826
=12.55

Guardian Metal Resources'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 )
=14.647+0.368
=15.02

* 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.


Guardian Metal Resources  (OTCPK:GMTLF) Total Assets Explanation

Total Assets is connected with ROA %.

Guardian Metal Resources's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-1.972/( (12.549+15.015)/ 2 )
=-1.972/13.782
=-14.31 %

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

Guardian Metal Resources's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.002/( (12.549+15.015)/ 2 )
=0.002/13.782
=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.

Guardian Metal Resources Total Assets Related Terms

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Guardian Metal Resources Business Description

Traded in Other Exchanges
Address
Salisbury House, London Wall, London, GBR, EC2M 5PS
Guardian Metal Resources PLC is a metals exploration Company which is focused exclusively within the mining friendly jurisdiction of Nevada. The Company is the parent company of Golden Metals Resources LLC, as well as Pilot Metals Inc. and BFM Resources Inc., all of which are U.S. based, set up for the purpose of holding mineral claims in the state of Nevada. Its project include Pilot Mountain Project, Kibby Basin Project, Golconda Summit Project, Garfield Project and Stonewall Project.