LZM (Lifezone Metals) Total Assets : $181.38 Mil (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Lifezone Metals Total Assets?

Lifezone Metals's Total Assets for the quarter that ended in Jun. 2024 was $181.38 Mil.

During the past 12 months, Lifezone Metals's average Total Assets Growth Rate was 143.50% per year. During the past 3 years, the average Total Assets Growth Rate was 330.50% per year.

During the past 4 years, Lifezone Metals's highest 3-Year average Total Assets Growth Rate was 330.50%. The lowest was 330.50%. And the median was 330.50%.

Total Assets is connected with ROA %. Lifezone Metals's annualized ROA % for the quarter that ended in Jun. 2024 was -14.89%. Total Assets is also linked to Revenue through Asset Turnover. Lifezone Metals's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Lifezone Metals Total Assets Historical Data

The historical data trend for Lifezone 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.

Lifezone Metals Total Assets Chart

Lifezone Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

1.76

61.89

96.98

142.26

Lifezone Metals Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial							92.82	147.35	142.26	-	181.38

Lifezone 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.

Lifezone Metals'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 )
	=	128.314	+	13.949
	=	142.26

Lifezone Metals'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 )
	=	118.883	+	62.497
	=	181.38

Lifezone Metals (NYSE:LZM) Total Assets Explanation

Total Assets is connected with ROA %.

Lifezone Metals's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-27	/	( (0	+	181.38)	/ 1 )
	=	-27	/	181.38
	=	-14.89 %

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

Lifezone Metals's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	0.008	/	( (0	+	181.38)	/ 1 )
=	0.008	/	181.38
=	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.

Lifezone Metals Total Assets Related Terms

Thank you for viewing the detailed overview of Lifezone Metals's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Lifezone Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lifezone Metals Ltd (NYSE:LZM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Bowring Road, Commerce House, Ramsey, IMN, IM8 2TF

Website

https://www.lifezonemetals.com

Lifezone Metals Ltd seeks to support the clean energy transition through the licensing of Hydromet Technology as an alternative to smelting and metals refining and to become an emerging supplier of responsibly sourced, lower-carbon and lower-sulfur dioxide emission metals to the battery, EV, and hydrogen markets modern pre-development exploration-stage metals company. Its business comprises two segments: Metals extraction and refining for developing and operating a vertically integrated base metal operation in the northwest region of Tanzania and Intellectual property licensing comprises patents residing with and managed by the subsidiary.