Lightning Resource (TSXV:LTNG) Total Assets: C$6.60 Mil (As of Mar. 2026)

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TSXV:LTNG Lightning Resource Corp TSXV:LTNG
26 GF Score
Price C$0.49
! 2 Warning Signs
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What is Lightning Resource Total Assets?

Lightning Resource TSXV:LTNG 26 Total Assets is C$6.60 Mil as of Mar. 2026. GuruFocus rates TSXV:LTNG with a GF Score™ of 26/100. The stock has 2 warning signs investors should review.

Lightning Resource's Total Assets for the quarter that ended in Mar. 2026 was C$6.60 Mil.

During the past 12 months, Lightning Resource's average Total Assets Growth Rate was -85.40% per year. During the past 3 years, the average Total Assets Growth Rate was -40.10% per year. During the past 5 years, the average Total Assets Growth Rate was -11.50% per year. During the past 10 years, the average Total Assets Growth Rate was 155.60% per year.

During the past 13 years, Lightning Resource's highest 3-Year average Total Assets Growth Rate was 2029.10%. The lowest was -47.70%. And the median was 31.40%.

Total Assets is connected with ROA %. Lightning Resource's annualized ROA % for the quarter that ended in Mar. 2026 was -15.34%. Total Assets is also linked to Revenue through Asset Turnover. Lightning Resource's Asset Turnover for the quarter that ended in Mar. 2026 was 0.00.


Lightning Resource  (TSXV:LTNG) Total Assets Explanation

Total Assets is connected with ROA %.

Lightning Resource's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-1.032/( (6.855+6.598)/ 2 )
=-1.032/6.7265
=-15.34 %

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

Lightning Resource's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=0/( (6.855+6.598)/ 2 )
=0/6.7265
=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.

Lightning Resource Total Assets Related Terms


Lightning Resource Total Assets Historical Data

* Premium members only.

The historical data trend for Lightning Resource'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.

Lightning Resource Total Assets Chart

Lightning Resource Annual Data
Trend Jan16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.98 28.95 30.35 36.24 6.86

Lightning Resource Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 36.05 18.59 18.45 6.86 6.60
TSXV:LTNG
26GF Score
Lightning Resource Corp TSXV:LTNG
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Lightning Resource 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.

Lightning Resource's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=6.675+0.181
=6.86

Lightning Resource's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=6.419+0.179
=6.60

* 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$6.60 Mil mean?
Lightning Resource (TSXV:LTNG) has a Total Assets of C$6.60 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Lightning Resource and its competitors.
Is Lightning Resource's Total Assets too high?
Lightning Resource's current Total Assets is C$6.60 Mil. Overall, Lightning Resource has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Lightning Resource's Total Assets compare to competitors?
Lightning Resource's Total Assets of C$6.60 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Assets depends on the Metals & Mining 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 Lightning Resource and its competitors. Lightning Resource's current Total Assets is C$6.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightning Resource stock overvalued right now?
Lightning Resource (TSXV:LTNG) has a current Total Assets of C$6.60 Mil. The current Total Assets is C$6.60 Mil. Lightning Resource's overall GF Score™ is 26/100 with 2 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 Lightning Resource (TSXV:LTNG), the current Total Assets is C$6.60 Mil as of Mar. 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.

Lightning Resource Business Description

Other Exchanges BMTLF:USA1OI0:Germany
Address 666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
BeMetals Corp is a base and precious metals exploration and development company. The company holds option agreements to acquire up to a 72% interest in the Pangeni Copper Project on the western extension of the Zambian Copperbelt and up to a 100% interest in the Savant Gold Project in northwestern Ontario, Canada. In addition, the company owns the Kazan Gold Projects, a portfolio of four gold exploration projects in Japan, on which it has granted an option which allows the option holder to earn up to an 80% interest in these projects. The Company operates in one segment, being exploration and evaluation of mineral properties, in Canada, Zambia and Japan.
26GF Score

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

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