Blue Thunder Mining (TSXV:BLUE) Total Assets : C$1.17 Mil (As of Dec. 2023)

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What is Blue Thunder Mining Total Assets?

Blue Thunder Mining's Total Assets for the quarter that ended in Dec. 2023 was C$1.17 Mil.

During the past 12 months, Blue Thunder Mining's average Total Assets Growth Rate was -90.80% per year. During the past 3 years, the average Total Assets Growth Rate was -43.80% per year.

During the past 5 years, Blue Thunder Mining's highest 3-Year average Total Assets Growth Rate was -5.30%. The lowest was -43.80%. And the median was -24.55%.

Total Assets is connected with ROA %. Blue Thunder Mining's annualized ROA % for the quarter that ended in Dec. 2023 was -228.40%. Total Assets is also linked to Revenue through Asset Turnover. Blue Thunder Mining's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Blue Thunder Mining Total Assets Historical Data

The historical data trend for Blue Thunder Mining'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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Blue Thunder Mining Total Assets Chart

Blue Thunder Mining Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

0.97

3.34

2.32

0.53

1.17

Blue Thunder Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															0.53	0.66	0.20	0.16	1.17

Blue Thunder Mining 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.

Blue Thunder Mining'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 )
	=	0.462	+	0.707
	=	1.17

Blue Thunder Mining's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	0.462	+	0.707
	=	1.17

Blue Thunder Mining (TSXV:BLUE) Total Assets Explanation

Total Assets is connected with ROA %.

Blue Thunder Mining's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1.52	/	( (0.162	+	1.169)	/ 2 )
	=	-1.52	/	0.6655
	=	-228.40 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Blue Thunder Mining's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (0.162	+	1.169)	/ 2 )
=	0	/	0.6655
=	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.

Blue Thunder Mining Total Assets Related Terms

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Blue Thunder Mining (TSXV:BLUE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blue Thunder Mining Inc (TSXV:BLUE) » Definitions » Total Assets

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BLTMF:USA

Address

401 Bay Street, Suite 2704, P.O. Box 4, Toronto, ON, CAN, M5H 2Y4

Website

https://www.bluethundermining.com

Blue Thunder Mining Inc is a mining company. It is focused on the acquisition, exploration, and development of mineral properties in Canada. The firm's projects include the Nelligan gold deposit, Monster Lake gold deposit, Chevrier Main Zone gold deposit, and Joe Mann gold mine. The Company's only activity is mineral exploration and evaluation. All of the Company's field equipment and supplies and exploration claims are physically located in the Province of Quebec.