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Bathurst Metals (TSXV:BMV) Total Assets : C$2.02 Mil (As of Jun. 2024)


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What is Bathurst Metals Total Assets?

Bathurst Metals's Total Assets for the quarter that ended in Jun. 2024 was C$2.02 Mil.

During the past 12 months, Bathurst Metals's average Total Assets Growth Rate was 123.70% per year. During the past 3 years, the average Total Assets Growth Rate was 78.70% per year. During the past 5 years, the average Total Assets Growth Rate was 106.70% per year. During the past 10 years, the average Total Assets Growth Rate was 0.10% per year.

During the past 13 years, Bathurst Metals's highest 3-Year average Total Assets Growth Rate was 181.40%. The lowest was -69.30%. And the median was -22.00%.

Total Assets is connected with ROA %. Bathurst Metals's annualized ROA % for the quarter that ended in Jun. 2024 was -23.05%. Total Assets is also linked to Revenue through Asset Turnover. Bathurst Metals's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.


Bathurst Metals Total Assets Historical Data

The historical data trend for Bathurst Metals'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.

Bathurst Metals Total Assets Chart

Bathurst Metals Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.21 0.67 0.66 1.32

Bathurst Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.25 1.32 1.86 2.22 2.02

Bathurst Metals 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.

Bathurst Metals'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 )
=1.119+0.196
=1.32

Bathurst Metals's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=1.7+0.315
=2.02

* 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.


Bathurst Metals  (TSXV:BMV) Total Assets Explanation

Total Assets is connected with ROA %.

Bathurst Metals's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=-0.488/( (2.219+2.015)/ 2 )
=-0.488/2.117
=-23.05 %

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

Bathurst Metals's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (2.219+2.015)/ 2 )
=0/2.117
=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.

Bathurst Metals Total Assets Related Terms

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Bathurst Metals Business Description

Traded in Other Exchanges
Address
700-1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Bathurst Metals Corp is an exploration-stage company. It is engaged in the acquisition, exploration, and development of mineral properties in Canada. The company holds an interest in the Turner Lake, Gela Lake Navanut, Muskox Reef, Peerless, McAvoy Lake projects and others.
Executives
Harold Forzley Director
Lorne Warner Senior Officer
Christopher Lauchlin Macpherson Senior Officer

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