VRCFF (Supreme Critical Metals) Total Assets : $1.01 Mil (As of Nov. 2024)

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What is Supreme Critical Metals Total Assets?

Supreme Critical Metals's Total Assets for the quarter that ended in Nov. 2024 was $1.01 Mil.

During the past 12 months, Supreme Critical Metals's average Total Assets Growth Rate was -49.30% per year. During the past 3 years, the average Total Assets Growth Rate was 1.10% per year. During the past 5 years, the average Total Assets Growth Rate was 53.80% per year. During the past 10 years, the average Total Assets Growth Rate was 4.30% per year.

During the past 13 years, Supreme Critical Metals's highest 3-Year average Total Assets Growth Rate was 202.70%. The lowest was -68.70%. And the median was 9.40%.

Total Assets is connected with ROA %. Supreme Critical Metals's annualized ROA % for the quarter that ended in Nov. 2024 was -306.37%. Total Assets is also linked to Revenue through Asset Turnover. Supreme Critical Metals's Asset Turnover for the quarter that ended in Nov. 2024 was 0.00.

Supreme Critical Metals Total Assets Historical Data

The historical data trend for Supreme Critical 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.

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Supreme Critical Metals Total Assets Chart

Supreme Critical Metals Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Assets

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1.46

1.92

2.13

2.71

1.86

Supreme Critical Metals Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Total Assets	Get a 7-Day Free Trial															2.03	1.86	1.98	2.10	1.01

Supreme Critical 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.

Supreme Critical Metals's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (A: Feb. 2024 )	+	Total Liabilities (A: Feb. 2024 )
	=	1.393	+	0.464
	=	1.86

Supreme Critical Metals's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2024 )	+	Total Liabilities (Q: Nov. 2024 )
	=	0.426	+	0.587
	=	1.01

Supreme Critical Metals (OTCPK:VRCFF) Total Assets Explanation

Total Assets is connected with ROA %.

Supreme Critical Metals's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %	=	Net Income (Q: Nov. 2024 )	/	( (Total Assets (Q: Aug. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
	=	-4.764	/	( (2.097	+	1.013)	/ 2 )
	=	-4.764	/	1.555
	=	-306.37 %

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

Supreme Critical Metals's Asset Turnover for the quarter that ended in Nov. 2024 is

	Asset Turnover
=	Revenue (Q: Nov. 2024 )	/	( (Total Assets (Q: Aug. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
=	0	/	( (2.097	+	1.013)	/ 2 )
=	0	/	1.555
=	0.00

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.

Supreme Critical Metals Total Assets Related Terms

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Supreme Critical Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Supreme Critical Metals Inc (OTCPK:VRCFF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

VR6:Germany CRIT:Canada

Address

355 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 2G8

Website

https://www.victorybatterymetals.com

Supreme Critical Metals Inc formerly Victory Battery Metals Corp is a Canadian mineral exploration company. The company operates through two segments namely Acquisition, Exploration, and Development of mineral properties and Administrative and Investing activities. Geographically, it operates in Canada and USA. Its projects portfolio includes Smokey Lithium, Mal-Wen, Loner Property, Hammond Reef South, Lac Simard, and Black Diablo.