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Blue Sky Global Energy (TSXV:BGE) Total Assets : C$1.08 Mil (As of Dec. 2023)


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What is Blue Sky Global Energy Total Assets?

Blue Sky Global Energy's Total Assets for the quarter that ended in Dec. 2023 was C$1.08 Mil.

During the past 12 months, Blue Sky Global Energy's average Total Assets Growth Rate was 141.80% per year.

During the past 9 years, Blue Sky Global Energy's highest 3-Year average Total Assets Growth Rate was 333.10%. The lowest was -45.00%. And the median was 144.05%.

Total Assets is connected with ROA %. Blue Sky Global Energy's annualized ROA % for the quarter that ended in Dec. 2023 was -78.79%. Total Assets is also linked to Revenue through Asset Turnover. Blue Sky Global Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Blue Sky Global Energy Total Assets Historical Data

The historical data trend for Blue Sky Global 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.

* Premium members only.

Blue Sky Global Energy Total Assets Chart

Blue Sky Global Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only 0.26 0.15 - 0.50 1.08

Blue Sky Global Energy Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.50 0.08 1.45 1.23 1.08

Blue Sky Global 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.

Blue Sky Global Energy's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=0.9+0.179
=1.08

Blue Sky Global Energy'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 )
=0.9+0.179
=1.08

* 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.


Blue Sky Global Energy  (TSXV:BGE) Total Assets Explanation

Total Assets is connected with ROA %.

Blue Sky Global Energy'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 )
=-0.908/( (1.226+1.079)/ 2 )
=-0.908/1.1525
=-78.79 %

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.

Blue Sky Global Energy'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/( (1.226+1.079)/ 2 )
=0/1.1525
=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.

Blue Sky Global Energy Total Assets Related Terms

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Blue Sky Global Energy (TSXV:BGE) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 6000, 1 First Canadian Place, Toronto, ON, CAN, M5X 1E2
Website
Blue Sky Global Energy Corp operates as an oil and gas exploration company. The Company explores oil and gas resources located in the Corozal Basin, Belize.

Blue Sky Global Energy (TSXV:BGE) Headlines

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