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Beyond Lithium (XCNQ:BY) Total Assets : C$0.46 Mil (As of Mar. 2024)


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What is Beyond Lithium Total Assets?

Beyond Lithium's Total Assets for the quarter that ended in Mar. 2024 was C$0.46 Mil.

During the past 12 months, Beyond Lithium's average Total Assets Growth Rate was 496.20% per year. During the past 3 years, the average Total Assets Growth Rate was 460.90% per year.

During the past 4 years, Beyond Lithium's highest 3-Year average Total Assets Growth Rate was 460.90%. The lowest was 460.90%. And the median was 460.90%.

Total Assets is connected with ROA %. Beyond Lithium's annualized ROA % for the quarter that ended in Mar. 2024 was -431.67%. Total Assets is also linked to Revenue through Asset Turnover. Beyond Lithium's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


Beyond Lithium Total Assets Historical Data

The historical data trend for Beyond Lithium'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.

Beyond Lithium Total Assets Chart

Beyond Lithium Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
0.01 0.52 0.40 0.43

Beyond Lithium Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 1.04 0.45 0.43 0.46

Beyond Lithium 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.

Beyond Lithium'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 )
=0.222+0.207
=0.43

Beyond Lithium's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=0.225+0.23
=0.46

* 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.


Beyond Lithium  (XCNQ:BY) Total Assets Explanation

Total Assets is connected with ROA %.

Beyond Lithium's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-1.908/( (0.429+0.455)/ 2 )
=-1.908/0.442
=-431.67 %

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

Beyond Lithium's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (0.429+0.455)/ 2 )
=0/0.442
=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.

Beyond Lithium Total Assets Related Terms

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Beyond Lithium (XCNQ:BY) Business Description

Traded in Other Exchanges
Address
360 Main Street, 30th Floor, Winnipeg, MB, CAN, R3C 4G1
Beyond Lithium Inc is a lithium exploration company based in Ontario. The company is mainly engaged in acquiring and exploring mineral properties. Its project portfolio includes Peggy Group Lithium Property, North Trout Lake, and New Ontario Lithium Properties.
Executives
Lawrence Tsang Senior Officer