MIDLF (Midland Exploration) Total Assets: $34.98 Mil (As of Mar. 2026)


MIDLF Midland Exploration Inc MIDLF
33 GF Score
Price $0.28
GF Value $0.39
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Midland Exploration Total Assets?

Midland Exploration MIDLF 33 Total Assets is $34.98 Mil as of Mar. 2026. GuruFocus rates MIDLF with a GF Score™ of 33/100 and a GF Value™ of $0.39 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Midland Exploration's Total Assets for the quarter that ended in Mar. 2026 was $34.98 Mil.

During the past 12 months, Midland Exploration's average Total Assets Growth Rate was 10.80% per year. During the past 3 years, the average Total Assets Growth Rate was 5.20% per year. During the past 5 years, the average Total Assets Growth Rate was 6.00% per year. During the past 10 years, the average Total Assets Growth Rate was 12.10% per year.

During the past 13 years, Midland Exploration's highest 3-Year average Total Assets Growth Rate was 52.30%. The lowest was 3.90%. And the median was 21.80%.

Total Assets is connected with ROA %. Midland Exploration's annualized ROA % for the quarter that ended in Mar. 2026 was -2.45%. Total Assets is also linked to Revenue through Asset Turnover. Midland Exploration's Asset Turnover for the quarter that ended in Mar. 2026 was 0.00.

Midland Exploration  (OTCPK:MIDLF) Total Assets Explanation

Total Assets is connected with ROA %.

Midland Exploration's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-0.86/( (35.121+34.979)/ 2 )
=-0.86/35.05
=-2.45 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) 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.

Midland Exploration's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=0.004/( (35.121+34.979)/ 2 )
=0.004/35.05
=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.

Midland Exploration Total Assets Related Terms

Midland Exploration Total Assets Historical Data

* Premium members only.

The historical data trend for Midland Exploration'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.

Midland Exploration Total Assets Chart

Midland Exploration Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.50 29.40 30.79 30.43 33.82

Midland Exploration Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 29.47 31.34 33.82 35.12 34.98
MIDLF
33GF Score
Midland Exploration Inc MIDLF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Midland Exploration 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.

Midland Exploration's Total Assets for the fiscal year that ended in Sep. 2025 is calculated as

Total Assets=Total Equity (A: Sep. 2025 )+Total Liabilities (A: Sep. 2025 )
=32.189+1.631
=33.82

Midland Exploration's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=33.613+1.366
=34.98

* 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 $34.98 Mil mean?
Midland Exploration (MIDLF) has a Total Assets of $34.98 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Midland Exploration and its competitors.
Is Midland Exploration's Total Assets too high?
Midland Exploration's current Total Assets is $34.98 Mil. Overall, Midland Exploration has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Midland Exploration's Total Assets compare to competitors?
Midland Exploration's Total Assets of $34.98 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Assets depends on the Metals & Mining 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 Midland Exploration and its competitors. Midland Exploration's current Total Assets is $34.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midland Exploration stock overvalued right now?
Based on GuruFocus' analysis, Midland Exploration (MIDLF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.39, compared to a current price of $0.28 — trading 29.5% below its estimated fair value. The current Total Assets is $34.98 Mil. Midland Exploration's overall GF Score™ is 33/100 with 2 warning signs to review. 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 Midland Exploration (MIDLF), the current Total Assets is $34.98 Mil as of Mar. 2026. 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.

Is Midland Exploration (MIDLF) Overvalued in 2026?

Based on GuruFocus' analysis, Midland Exploration stock appears to be undervalued. The current stock price of $0.28 is trading 29.5% below its estimated GF Value™ of $0.39. GuruFocus considers Midland Exploration to be Modestly Undervalued.

Key valuation signals for MIDLF:

  • Total Assets: $34.98 Mil
  • GF Value™: $0.39 vs. price of $0.28 (29.5% below fair value)
  • GF Score™: 33/100 with 2 warning signs

No single metric tells the full story. See the MIDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Midland Exploration Business Description

Other Exchanges MD:Canada
Address 1, Place Ville Marie, Bureau 4000, Montreal, QC, CAN, H3B 4M4
Midland Exploration Inc is a company engaged in the mining exploration business. The Corporation's operations include the acquisition and exploration of mining properties and it currently operates in a single segment, being the acquisition, exploration, and evaluation of exploration properties. All of the corporation's activities are conducted in Canada. Its projects include Casault, Heva, Jouvex, Lac Esther, Laflamme, Tete-Nord, and others.
33GF Score

Get the complete analysis for MIDLF

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.28
Price
$0.39
GF Value