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LILIF (Argentina Lithium & Energy) Total Assets : $49.94 Mil (As of Sep. 2024)


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What is Argentina Lithium & Energy Total Assets?

Argentina Lithium & Energy's Total Assets for the quarter that ended in Sep. 2024 was $49.94 Mil.

During the past 12 months, Argentina Lithium & Energy's average Total Assets Growth Rate was 602.00% per year. During the past 3 years, the average Total Assets Growth Rate was 931.30% per year. During the past 5 years, the average Total Assets Growth Rate was 293.20% per year. During the past 10 years, the average Total Assets Growth Rate was 42.00% per year.

During the past 13 years, Argentina Lithium & Energy's highest 3-Year average Total Assets Growth Rate was 931.30%. The lowest was -84.40%. And the median was 73.60%.

Total Assets is connected with ROA %. Argentina Lithium & Energy's annualized ROA % for the quarter that ended in Sep. 2024 was -28.18%. Total Assets is also linked to Revenue through Asset Turnover. Argentina Lithium & Energy's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.


Argentina Lithium & Energy Total Assets Historical Data

The historical data trend for Argentina Lithium & Energy'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.

Argentina Lithium & Energy Total Assets Chart

Argentina Lithium & Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.07 6.69 11.48 60.99

Argentina Lithium & Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.70 60.99 58.99 53.95 49.94

Argentina Lithium & Energy 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.

Argentina Lithium & Energy'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 )
=56.558+4.435
=60.99

Argentina Lithium & Energy's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=48.871+1.073
=49.94

* 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.


Argentina Lithium & Energy  (OTCPK:LILIF) Total Assets Explanation

Total Assets is connected with ROA %.

Argentina Lithium & Energy's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-14.636/( (53.949+49.942)/ 2 )
=-14.636/51.9455
=-28.18 %

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

Argentina Lithium & Energy's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (53.949+49.942)/ 2 )
=0/51.9455
=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.

Argentina Lithium & Energy Total Assets Related Terms

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Argentina Lithium & Energy Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 411, Vancouver, BC, CAN, V6C 3N6
Argentina Lithium & Energy Corp is a natural resource company engaged in acquiring and exploring resource properties in the Americas and Argentina. Some of its projects are the Antofalla lithium project; Rincon West, Pocitos project, Antofalla North project, and the Incahuasi Lithium project.