MMTLF (Critical One Energy) Total Assets : $2.15 Mil (As of Nov. 2024)

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What is Critical One Energy Total Assets?

Critical One Energy's Total Assets for the quarter that ended in Nov. 2024 was $2.15 Mil.

During the past 12 months, Critical One Energy's average Total Assets Growth Rate was 24.30% per year. During the past 3 years, the average Total Assets Growth Rate was 134.20% per year.

During the past 6 years, Critical One Energy's highest 3-Year average Total Assets Growth Rate was 134.20%. The lowest was 134.20%. And the median was 134.20%.

Total Assets is connected with ROA %. Critical One Energy's annualized ROA % for the quarter that ended in Nov. 2024 was -33.22%. Total Assets is also linked to Revenue through Asset Turnover. Critical One Energy's Asset Turnover for the quarter that ended in Nov. 2024 was 0.00.

Critical One Energy Total Assets Historical Data

The historical data trend for Critical One 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.

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Critical One Energy Total Assets Chart

Critical One Energy Annual Data

Trend

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Total Assets

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0.65

1.22

2.73

1.75

2.15

Critical One Energy Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Total Assets	Get a 7-Day Free Trial															1.75	1.92	2.34	2.40	2.15

Critical One 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.

Critical One Energy's Total Assets for the fiscal year that ended in Nov. 2024 is calculated as

Total Assets	=	Total Equity (A: Nov. 2024 )	+	Total Liabilities (A: Nov. 2024 )
	=	1.61	+	0.538
	=	2.15

Critical One Energy's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2024 )	+	Total Liabilities (Q: Nov. 2024 )
	=	1.61	+	0.538
	=	2.15

Critical One Energy (OTCPK:MMTLF) Total Assets Explanation

Total Assets is connected with ROA %.

Critical One Energy's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %	=	Net Income (Q: Nov. 2024 )	/	( (Total Assets (Q: Aug. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
	=	-0.756	/	( (2.404	+	2.148)	/ 2 )
	=	-0.756	/	2.276
	=	-33.22 %

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

Critical One Energy's Asset Turnover for the quarter that ended in Nov. 2024 is

	Asset Turnover
=	Revenue (Q: Nov. 2024 )	/	( (Total Assets (Q: Aug. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
=	0	/	( (2.404	+	2.148)	/ 2 )
=	0	/	2.276
=	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.

Critical One Energy Total Assets Related Terms

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Critical One Energy Business Description

Industry

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4EF:Germany CRTL:Canada

Address

82 Richmond Street East, 4th Floor, Toronto, ON, CAN, M5C 1P1

Website

https://madisonmetals.ca

Critical One Energy Inc, formerly Madison Metals Inc mineral exploration and development company focusing on clean energy projects. It holds interest in the Kenora Uranium Project located around Kenora and the Rossing North Project.