Comet Industries (TSXV:CMU) Total Assets: C$22.41 Mil (As of Apr. 2026)

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TSXV:CMU Comet Industries Ltd TSXV:CMU
25 GF Score
Price C$6.00
GF Value C$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Comet Industries Total Assets?

Comet Industries TSXV:CMU 25 Total Assets is C$22.41 Mil as of Apr. 2026. GuruFocus rates TSXV:CMU with a GF Score™ of 25/100 and a GF Value™ of C$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Comet Industries's Total Assets for the quarter that ended in Apr. 2026 was C$22.41 Mil.

During the past 12 months, Comet Industries's average Total Assets Growth Rate was 161.90% per year. During the past 3 years, the average Total Assets Growth Rate was 88.20% per year. During the past 5 years, the average Total Assets Growth Rate was 43.90% per year. During the past 10 years, the average Total Assets Growth Rate was 12.80% per year.

During the past 13 years, Comet Industries's highest 3-Year average Total Assets Growth Rate was 88.20%. The lowest was -11.90%. And the median was 0.45%.

Total Assets is connected with ROA %. Comet Industries's annualized ROA % for the quarter that ended in Apr. 2026 was -5.62%. Total Assets is also linked to Revenue through Asset Turnover. Comet Industries's Asset Turnover for the quarter that ended in Apr. 2026 was 0.00.


Comet Industries  (TSXV:CMU) Total Assets Explanation

Total Assets is connected with ROA %.

Comet Industries's annualized ROA % for the quarter that ended in Apr. 2026 is

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=-0.98/( (12.479+22.413)/ 2 )
=-0.98/17.446
=-5.62 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) 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.

Comet Industries's Asset Turnover for the quarter that ended in Apr. 2026 is

Asset Turnover
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=0/( (12.479+22.413)/ 2 )
=0/17.446
=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.

Comet Industries Total Assets Related Terms


Comet Industries Total Assets Historical Data

* Premium members only.

The historical data trend for Comet Industries'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.

Comet Industries Total Assets Chart

Comet Industries Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 2.51 11.27 9.91 12.48

Comet Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 9.76 11.73 10.58 12.48 22.41
TSXV:CMU
25GF Score
Comet Industries Ltd TSXV:CMU
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Comet Industries 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.

Comet Industries's Total Assets for the fiscal year that ended in Jan. 2026 is calculated as

Total Assets=Total Equity (A: Jan. 2026 )+Total Liabilities (A: Jan. 2026 )
=9.237+3.243
=12.48

Comet Industries's Total Assets for the quarter that ended in Apr. 2026 is calculated as

Total Assets=Total Equity (Q: Apr. 2026 )+Total Liabilities (Q: Apr. 2026 )
=8.991+13.422
=22.41

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of C$22.41 Mil mean?
Comet Industries (TSXV:CMU) has a Total Assets of C$22.41 Mil as of Apr. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Comet Industries and its competitors.
Is Comet Industries' Total Assets too high?
Comet Industries' current Total Assets is C$22.41 Mil. Overall, Comet Industries has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comet Industries' Total Assets compare to CBRE and BEKE?
Comet Industries' Total Assets of C$22.41 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Real Estate company?
A good Total Assets depends on the Real Estate industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Comet Industries and its competitors. Comet Industries's current Total Assets is C$22.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Industries stock overvalued right now?
Based on GuruFocus' analysis, Comet Industries (TSXV:CMU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.19, compared to a current price of C$6.00 — trading 3057.9% above its estimated fair value. The current Total Assets is C$22.41 Mil. Comet Industries' overall GF Score™ is 25/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Comet Industries (TSXV:CMU), the current Total Assets is C$22.41 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Comet Industries (TSXV:CMU) Overvalued in 2026?

Based on GuruFocus' analysis, Comet Industries stock appears to be overvalued. The current stock price of C$6.00 is trading 3057.9% above its estimated GF Value™ of C$0.19. GuruFocus considers Comet Industries to be Significantly Overvalued.

Key valuation signals for TSXV:CMU:

  • Total Assets: C$22.41 Mil
  • GF Value™: C$0.19 vs. price of C$6.00 (3057.9% above fair value)
  • GF Score™: 25/100 with 3 warning signs

No single metric tells the full story. See the TSXV:CMU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comet Industries Business Description

Address 1177 West Hastings Street, Suite 1710, Vancouver, BC, CAN, V6E 2L3
Comet Industries Ltd is an exploration-stage company. The Company is engaged in the business of developing properties, including Iron Mask, and holding and managing real properties, all in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia, on a freehold basis. The segments of the company include Investment Properties, Exploration, Properties under Development, and General or Administration. The company generates maximum revenue from the Properties under Development segment.
25GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$6.00
Price
C$0.19
GF Value