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Bolt Metals (XCNQ:BOLT) Total Assets : C$0.79 Mil (As of Sep. 2024)


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What is Bolt Metals Total Assets?

Bolt Metals's Total Assets for the quarter that ended in Sep. 2024 was C$0.79 Mil.

During the past 3 years, the average Total Assets Growth Rate was -36.20% per year. During the past 5 years, the average Total Assets Growth Rate was -30.00% per year. During the past 10 years, the average Total Assets Growth Rate was 47.80% per year.

During the past 13 years, Bolt Metals's highest 3-Year average Total Assets Growth Rate was 345.20%. The lowest was -36.20%. And the median was 8.20%.

Total Assets is connected with ROA %. Bolt Metals's annualized ROA % for the quarter that ended in Sep. 2024 was -401.53%. Total Assets is also linked to Revenue through Asset Turnover. Bolt Metals's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.


Bolt Metals Total Assets Historical Data

The historical data trend for Bolt 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.

Bolt Metals Total Assets Chart

Bolt Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.25 0.87 0.38 0.29

Bolt Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24
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 - 0.35 0.29 0.25 0.79

Bolt 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.

Bolt Metals's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-1.303+1.596
=0.29

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

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-0.132+0.926
=0.79

* 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.


Bolt Metals  (XCNQ:BOLT) Total Assets Explanation

Total Assets is connected with ROA %.

Bolt Metals's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-2.096/( (0.25+0.794)/ 2 )
=-2.096/0.522
=-401.53 %

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

Bolt Metals's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (0.25+0.794)/ 2 )
=0/0.522
=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.

Bolt Metals Total Assets Related Terms

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Bolt Metals Business Description

Traded in Other Exchanges
Address
Bellevue Centre, 235 - 15th Street, Suite 300, West Vancouver, Vancouver, BC, CAN, V7T 2X1
Bolt Metals Corp is engaged in the acquisition and exploration of mineral exploration and evaluation assets in Indonesia. The company owns a nickel project named Cyclops located in Indonesia. It operates in a single reportable operating segment the Acquisition and exploration of exploration and evaluation assets located in Indonesia and Canada.
Executives
Ranjeet Sundher Director
Steven Edward Vanry Director, Senior Officer