Tearlach Resources (Tearlach Resources) Total Assets : $3.09 Mil (As of Dec. 2023)

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

What is Tearlach Resources Total Assets?

Tearlach Resources's Total Assets for the quarter that ended in Dec. 2023 was $3.09 Mil.

During the past 12 months, Tearlach Resources's average Total Assets Growth Rate was 4765.90% per year. During the past 3 years, the average Total Assets Growth Rate was 514.10% per year. During the past 5 years, the average Total Assets Growth Rate was 352.10% per year. During the past 10 years, the average Total Assets Growth Rate was -13.80% per year.

During the past 13 years, Tearlach Resources's highest 3-Year average Total Assets Growth Rate was 645.90%. The lowest was -88.20%. And the median was 5.50%.

Total Assets is connected with ROA %. Tearlach Resources's annualized ROA % for the quarter that ended in Dec. 2023 was -47.89%. Total Assets is also linked to Revenue through Asset Turnover. Tearlach Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Tearlach Resources Total Assets Historical Data

The historical data trend for Tearlach Resources'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.

Tearlach Resources Total Assets Chart

Tearlach Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

Get a 7-Day Free Trial

0.02

0.16

0.10

3.21

Tearlach Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															0.10	4.30	3.25	3.21	3.09

Tearlach Resources 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.

Tearlach Resources's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	2.873	+	0.337
	=	3.21

Tearlach Resources's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2.733	+	0.356
	=	3.09

Tearlach Resources (OTCPK:TELHF) Total Assets Explanation

Total Assets is connected with ROA %.

Tearlach Resources's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1.508	/	( (3.21	+	3.088)	/ 2 )
	=	-1.508	/	3.149
	=	-47.89 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Tearlach Resources's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (3.21	+	3.088)	/ 2 )
=	0	/	3.149
=	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.

Tearlach Resources Total Assets Related Terms

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

Tearlach Resources (Tearlach Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tearlach Resources Ltd (OTCPK:TELHF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

V44:Germany TEA:Canada

Address

789 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1H2

Website

https://www.tearlach.ca

Tearlach Resources Ltd is a British Columbia, Canada incorporated company engaged in the acquisition, exploration, and development of lithium projects in the Americas. Its projects include The Pakwan lithium project, the Gabriel project, the Margo lake property, The Shelby project, and The New Frontier Project.