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Battery Mineral Resources (TSXV:BMR) Total Assets : C$114.66 Mil (As of Mar. 2024)


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What is Battery Mineral Resources Total Assets?

Battery Mineral Resources's Total Assets for the quarter that ended in Mar. 2024 was C$114.66 Mil.

During the past 12 months, Battery Mineral Resources's average Total Assets Growth Rate was 3.60% per year. During the past 3 years, the average Total Assets Growth Rate was 22.60% per year.

During the past 5 years, Battery Mineral Resources's highest 3-Year average Total Assets Growth Rate was 2155.80%. The lowest was 22.60%. And the median was 1089.20%.

Total Assets is connected with ROA %. Battery Mineral Resources's annualized ROA % for the quarter that ended in Mar. 2024 was -15.18%. Total Assets is also linked to Revenue through Asset Turnover. Battery Mineral Resources's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.


Battery Mineral Resources Total Assets Historical Data

The historical data trend for Battery Mineral 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.

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Battery Mineral Resources Total Assets Chart

Battery Mineral Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
0.27 64.31 81.15 107.56 111.62

Battery Mineral Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 107.56 112.32 109.14 111.62 114.66

Battery Mineral 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.

Battery Mineral Resources'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 )
=52.086+59.538
=111.62

Battery Mineral Resources's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=45.155+69.505
=114.66

* 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.


Battery Mineral Resources  (TSXV:BMR) Total Assets Explanation

Total Assets is connected with ROA %.

Battery Mineral Resources's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-17.18/( (111.624+114.659)/ 2 )
=-17.18/113.1415
=-15.18 %

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

Battery Mineral Resources's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3.161/( (111.624+114.659)/ 2 )
=3.161/113.1415
=0.03

* 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.

Battery Mineral Resources Total Assets Related Terms

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Battery Mineral Resources (TSXV:BMR) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3
Battery Mineral Resources Corp is a multi-commodity resource company. It holds resource interests including copper, cobalt, lithium, and graphite properties. The company is engaged in the discovery, acquisition and development of battery metals and precious metals mining projects in Canada with additional cobalt, lithium and graphite projects in the United States and South Korea.
Executives
Jack Cartmel Senior Officer
Lazaros Nikeas Director, Senior Officer