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Atlas Lithium (STU:C480) Total Assets : €55.25 Mil (As of Dec. 2024)


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What is Atlas Lithium Total Assets?

Atlas Lithium's Total Assets for the quarter that ended in Dec. 2024 was €55.25 Mil.

During the past 12 months, Atlas Lithium's average Total Assets Growth Rate was 201.80% per year. During the past 3 years, the average Total Assets Growth Rate was 201.70% per year. During the past 5 years, the average Total Assets Growth Rate was 132.50% per year. During the past 10 years, the average Total Assets Growth Rate was 33.70% per year.

During the past 12 years, Atlas Lithium's highest 3-Year average Total Assets Growth Rate was 201.70%. The lowest was -16.70%. And the median was 13.20%.

Total Assets is connected with ROA %. Atlas Lithium's annualized ROA % for the quarter that ended in Dec. 2024 was -77.11%. Total Assets is also linked to Revenue through Asset Turnover. Atlas Lithium's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.


Atlas Lithium Total Assets Historical Data

The historical data trend for Atlas Lithium'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.

Atlas Lithium Total Assets Chart

Atlas Lithium Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 1.38 4.79 39.96 55.25

Atlas Lithium Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 39.96 34.68 56.54 54.51 55.25

Atlas Lithium 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.

Atlas Lithium's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=21.021+34.23
=55.25

Atlas Lithium's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=21.021+34.23
=55.25

* 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.


Atlas Lithium  (STU:C480) Total Assets Explanation

Total Assets is connected with ROA %.

Atlas Lithium's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-42.316/( (54.505+55.252)/ 2 )
=-42.316/54.8785
=-77.11 %

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

Atlas Lithium's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.117/( (54.505+55.252)/ 2 )
=0.117/54.8785
=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.

Atlas Lithium Total Assets Related Terms

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Atlas Lithium Business Description

Traded in Other Exchanges
Address
Rua Antonio de Albuquerque, 156 to 17th Floor, Belo Horizonte, MG, BRA, 30.112-010
Atlas Lithium Corp is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, including nickel, rare earth, graphite, and titanium, to power the increased demand for electrification. Its focus is on developing its hard-rock lithium project Minas Gerais Lithium Project located in Minas Gerais State in Brazil. The company intends to produce and sell lithium concentrate, a key ingredient for the battery supply chain. It intends to mine and then process its lithium-containing ore to produce lithium concentrate (also known as spodumene concentrate), a key ingredient for the battery supply chain.

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