VMSXF (Nine Mile Metals) Total Assets: $7.24 Mil (As of Mar. 2026)


VMSXF Nine Mile Metals Ltd VMSXF
35 GF Score
Price $0.07
! 1 Warning Sign
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What is Nine Mile Metals Total Assets?

Nine Mile Metals VMSXF -11.14% 35 Total Assets is $7.24 Mil as of Mar. 2026. GuruFocus rates VMSXF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review.

Nine Mile Metals's Total Assets for the quarter that ended in Mar. 2026 was $7.24 Mil.

During the past 12 months, Nine Mile Metals's average Total Assets Growth Rate was 1.50% per year. During the past 3 years, the average Total Assets Growth Rate was 4.60% per year. During the past 5 years, the average Total Assets Growth Rate was 227.00% per year.

During the past 7 years, Nine Mile Metals's highest 3-Year average Total Assets Growth Rate was 480.70%. The lowest was 4.60%. And the median was 377.80%.

Total Assets is connected with ROA %. Nine Mile Metals's annualized ROA % for the quarter that ended in Mar. 2026 was -31.23%. Total Assets is also linked to Revenue through Asset Turnover. Nine Mile Metals's Asset Turnover for the quarter that ended in Mar. 2026 was 0.00.

Nine Mile Metals  (OTCPK:VMSXF) Total Assets Explanation

Total Assets is connected with ROA %.

Nine Mile Metals'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 )
=-1.792/( (4.234+7.241)/ 2 )
=-1.792/5.7375
=-31.23 %

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.

Nine Mile Metals'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/( (4.234+7.241)/ 2 )
=0/5.7375
=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.

Nine Mile Metals Total Assets Related Terms

Nine Mile Metals Total Assets Historical Data

* Premium members only.

The historical data trend for Nine Mile 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.

Nine Mile Metals Total Assets Chart

Nine Mile Metals Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Assets
Get a 7-Day Free Trial 0.78 3.93 3.66 3.77 3.49

Nine Mile Metals 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 3.41 3.51 3.49 4.23 7.24
VMSXF
35GF Score
Nine Mile Metals Ltd VMSXF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nine Mile 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.

Nine Mile Metals's Total Assets for the fiscal year that ended in Sep. 2025 is calculated as

Total Assets=Total Equity (A: Sep. 2025 )+Total Liabilities (A: Sep. 2025 )
=3.124+0.364
=3.49

Nine Mile Metals'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 )
=6.948+0.293
=7.24

* 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 $7.24 Mil mean?
Nine Mile Metals (VMSXF) has a Total Assets of $7.24 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Nine Mile Metals and its competitors.
Is Nine Mile Metals' Total Assets too high?
Nine Mile Metals' current Total Assets is $7.24 Mil. Overall, Nine Mile Metals has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Nine Mile Metals' Total Assets compare to competitors?
Nine Mile Metals' Total Assets of $7.24 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 Nine Mile Metals and its competitors. Nine Mile Metals's current Total Assets is $7.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Mile Metals stock overvalued right now?
Nine Mile Metals (VMSXF) has a current Total Assets of $7.24 Mil. The current Total Assets is $7.24 Mil. Nine Mile Metals' overall GF Score™ is 35/100 with 1 warning sign 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 Nine Mile Metals (VMSXF), the current Total Assets is $7.24 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.

Nine Mile Metals Business Description

Other Exchanges KQ9:GermanyNINE:Canada
Address 82 Richmond Street East, 1st Floor, Toronto, ON, CAN, M5C 1P1
Nine Mile Metals Ltd is a venture mining issuer engaged in the acquisition, exploration and development and mining of mineral properties. The company operates in one industry, the mineral resource industry, with all current exploration activities conducted in Canada.
35GF 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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