QQREF (Quebec Rare Earth Elements) Total Assets: $3.30 Mil (As of Jan. 2026)


What is Quebec Rare Earth Elements Total Assets?

Quebec Rare Earth Elements QQREF Total Assets is $3.30 Mil as of Jan. 2026. The stock has 1 warning sign investors should review.

Quebec Rare Earth Elements's Total Assets for the quarter that ended in Jan. 2026 was $3.30 Mil.

During the past 12 months, Quebec Rare Earth Elements's average Total Assets Growth Rate was 5.70% per year. During the past 3 years, the average Total Assets Growth Rate was -13.80% per year. During the past 5 years, the average Total Assets Growth Rate was -7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 17.30% per year.

During the past 13 years, Quebec Rare Earth Elements's highest 3-Year average Total Assets Growth Rate was 514.40%. The lowest was -81.40%. And the median was 9.15%.

Total Assets is connected with ROA %. Quebec Rare Earth Elements's annualized ROA % for the quarter that ended in Jan. 2026 was -99.64%. Total Assets is also linked to Revenue through Asset Turnover. Quebec Rare Earth Elements's Asset Turnover for the quarter that ended in Jan. 2026 was 0.00.

Quebec Rare Earth Elements  (OTCPK:QQREF) Total Assets Explanation

Total Assets is connected with ROA %.

Quebec Rare Earth Elements's annualized ROA % for the quarter that ended in Jan. 2026 is

ROA %=Net Income (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=-3.716/( (4.164+3.295)/ 2 )
=-3.716/3.7295
=-99.64 %

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

Quebec Rare Earth Elements's Asset Turnover for the quarter that ended in Jan. 2026 is

Asset Turnover
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=0/( (4.164+3.295)/ 2 )
=0/3.7295
=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.

Quebec Rare Earth Elements Total Assets Related Terms

Quebec Rare Earth Elements Total Assets Historical Data

* Premium members only.

The historical data trend for Quebec Rare Earth Elements'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.

Quebec Rare Earth Elements Total Assets Chart

Quebec Rare Earth Elements Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.37 7.12 2.35 3.66 4.18

Quebec Rare Earth Elements Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 4.06 4.18 4.25 4.16 3.30

Quebec Rare Earth Elements 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.

Quebec Rare Earth Elements's Total Assets for the fiscal year that ended in Apr. 2025 is calculated as

Total Assets=Total Equity (A: Apr. 2025 )+Total Liabilities (A: Apr. 2025 )
=4.113+0.062
=4.18

Quebec Rare Earth Elements's Total Assets for the quarter that ended in Jan. 2026 is calculated as

Total Assets=Total Equity (Q: Jan. 2026 )+Total Liabilities (Q: Jan. 2026 )
=3.258+0.038
=3.30

* 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 $3.30 Mil mean?
Quebec Rare Earth Elements (QQREF) has a Total Assets of $3.30 Mil as of Jan. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Quebec Rare Earth Elements and its competitors.
Is Quebec Rare Earth Elements' Total Assets too high?
Quebec Rare Earth Elements' current Total Assets is $3.30 Mil.
How does Quebec Rare Earth Elements' Total Assets compare to competitors?
Quebec Rare Earth Elements' Total Assets of $3.30 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 Quebec Rare Earth Elements and its competitors. Quebec Rare Earth Elements's current Total Assets is $3.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quebec Rare Earth Elements stock overvalued right now?
Quebec Rare Earth Elements (QQREF) has a current Total Assets of $3.30 Mil. The current Total Assets is $3.30 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 Quebec Rare Earth Elements (QQREF), the current Total Assets is $3.30 Mil as of Jan. 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.

Quebec Rare Earth Elements Business Description

Other Exchanges 41K:GermanyQREE:Canada
Address 217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Quebec Rare Earth Elements Corp is a mining exploration and development company focused on rare earth elements (REE) in the favorable mining jurisdiction of Quebec, Canada. The company explores properties including the Carcajou and Lynx projects in the Saguenay region, as well as gold projects areas in northwestern Ontario. The company's geographical presence is at Canada and Chile. Both the areas are engaged in exploration and development of minerals.