GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enerev5 Metals Inc (TSXV:ENEV) » Definitions » Total Assets

Enerev5 Metals (TSXV:ENEV) Total Assets : C$0.03 Mil (As of Aug. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Enerev5 Metals Total Assets?

Enerev5 Metals's Total Assets for the quarter that ended in Aug. 2024 was C$0.03 Mil.

During the past 12 months, Enerev5 Metals's average Total Assets Growth Rate was -6.90% per year. During the past 3 years, the average Total Assets Growth Rate was -45.70% per year. During the past 5 years, the average Total Assets Growth Rate was -34.90% per year. During the past 10 years, the average Total Assets Growth Rate was -9.70% per year.

During the past 13 years, Enerev5 Metals's highest 3-Year average Total Assets Growth Rate was 141.70%. The lowest was -78.20%. And the median was -4.70%.

Total Assets is connected with ROA %. Enerev5 Metals's annualized ROA % for the quarter that ended in Aug. 2024 was -1,066.67%. Total Assets is also linked to Revenue through Asset Turnover. Enerev5 Metals's Asset Turnover for the quarter that ended in Aug. 2024 was 0.00.


Enerev5 Metals Total Assets Historical Data

The historical data trend for Enerev5 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.

Enerev5 Metals Total Assets Chart

Enerev5 Metals Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.69 0.10 0.07 0.02

Enerev5 Metals Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.03 0.03 0.01 0.02 0.03

Enerev5 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.

Enerev5 Metals's Total Assets for the fiscal year that ended in May. 2024 is calculated as

Total Assets=Total Equity (A: May. 2024 )+Total Liabilities (A: May. 2024 )
=-0.678+0.702
=0.02

Enerev5 Metals's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets=Total Equity (Q: Aug. 2024 )+Total Liabilities (Q: Aug. 2024 )
=-0.744+0.771
=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.


Enerev5 Metals  (TSXV:ENEV) Total Assets Explanation

Total Assets is connected with ROA %.

Enerev5 Metals's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %=Net Income (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=-0.272/( (0.024+0.027)/ 2 )
=-0.272/0.0255
=-1,066.67 %

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

Enerev5 Metals's Asset Turnover for the quarter that ended in Aug. 2024 is

Asset Turnover
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=0/( (0.024+0.027)/ 2 )
=0/0.0255
=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.

Enerev5 Metals Total Assets Related Terms

Thank you for viewing the detailed overview of Enerev5 Metals's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Enerev5 Metals Business Description

Traded in Other Exchanges
Address
133 Richmond Street West, Suite 204, Toronto, ON, CAN, M5H 2L3
Enerev5 Metals Inc is a battery metals company focused on supplying ethically sourced copper, cobalt, and other minerals for the mobile device, electric vehicle, and grid energy storage markets, which are the foundation of the next energy revolution. The company's project portfolio includes Energy Metals Projects, Barbara Bay, Goals Met, and other projects.

Enerev5 Metals Headlines

No Headlines