LGLOF (Green Block Mining) Total Assets: $12.60 Mil (As of Aug. 2021)

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What is Green Block Mining Total Assets?

Green Block Mining LGLOF -90.00% Total Assets is $12.60 Mil as of Aug. 2021.

Green Block Mining's Total Assets for the quarter that ended in Aug. 2021 was $12.60 Mil.

Total Assets is connected with ROA %. Green Block Mining's annualized ROA % for the quarter that ended in Aug. 2021 was -43.31%. Total Assets is also linked to Revenue through Asset Turnover. Green Block Mining's Asset Turnover for the quarter that ended in Aug. 2021 was 0.06.

Green Block Mining  (OTCPK:LGLOF) Total Assets Explanation

Total Assets is connected with ROA %.

Green Block Mining's annualized ROA % for the quarter that ended in Aug. 2021 is

ROA %=Net Income (Q: Aug. 2021 )/( (Total Assets (Q: May. 2021 )+Total Assets (Q: Aug. 2021 ))/ count )
=-5.5432080000336/( (12.999663+12.595799)/ 2 )
=-5.5432080000336/12.797731
=-43.31 %

Note: The Net Income data used here is four times the quarterly (Aug. 2021) 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.

Green Block Mining's Asset Turnover for the quarter that ended in Aug. 2021 is

Asset Turnover
=Revenue (Q: Aug. 2021 )/( (Total Assets (Q: May. 2021 )+Total Assets (Q: Aug. 2021 ))/ count )
=0.73655000000448/( (12.999663+12.595799)/ 2 )
=0.73655000000448/12.797731
=0.06

* 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.

Green Block Mining Total Assets Related Terms

Green Block Mining Total Assets Historical Data

* Premium members only.

The historical data trend for Green Block Mining'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.

Green Block Mining Total Assets Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Total Assets
0.61 0.88 5.17

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 3.48 5.17 10.18 13.00 12.60

Green Block Mining 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.

Green Block Mining's Total Assets for the fiscal year that ended in Nov. 2020 is calculated as

Total Assets=Total Equity (A: Nov. 2020 )+Total Liabilities (A: Nov. 2020 )
=-2.039477+7.214095
=5.17

Green Block Mining's Total Assets for the quarter that ended in Aug. 2021 is calculated as

Total Assets=Total Equity (Q: Aug. 2021 )+Total Liabilities (Q: Aug. 2021 )
=2.485882+10.109917
=12.60

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $12.60 Mil mean?
Green Block Mining (LGLOF) has a Total Assets of $12.60 Mil as of Aug. 2021. The total amount of assets as recorded on a company's balance sheet. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Total Assets too high?
Green Block Mining's current Total Assets is $12.60 Mil.
How does Green Block Mining's Total Assets compare to CRM and INTU?
Green Block Mining's Total Assets of $12.60 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Software company?
A good Total Assets depends on the Software industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Green Block Mining and its competitors. Green Block Mining's current Total Assets is $12.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Total Assets of $12.60 Mil. The current Total Assets is $12.60 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Green Block Mining (LGLOF), the current Total Assets is $12.60 Mil as of Aug. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.