International Battery Metals (XCNQ:IBAT) Total Assets : C$44.94 Mil (As of Dec. 2023)

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What is International Battery Metals Total Assets?

International Battery Metals's Total Assets for the quarter that ended in Dec. 2023 was C$44.94 Mil.

During the past 12 months, International Battery Metals's average Total Assets Growth Rate was 9.90% per year. During the past 3 years, the average Total Assets Growth Rate was 131.50% per year. During the past 5 years, the average Total Assets Growth Rate was 392.00% per year. During the past 10 years, the average Total Assets Growth Rate was 81.70% per year.

During the past 10 years, International Battery Metals's highest 3-Year average Total Assets Growth Rate was 867.00%. The lowest was -67.60%. And the median was 131.50%.

Total Assets is connected with ROA %. International Battery Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -33.80%. Total Assets is also linked to Revenue through Asset Turnover. International Battery Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

International Battery Metals Total Assets Historical Data

The historical data trend for International Battery 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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International Battery Metals Total Assets Chart

International Battery Metals Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Total Assets

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0.25

0.98

6.74

6.15

9.55

International Battery Metals Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															43.12	41.70	44.91	44.13	44.94

International Battery 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.

International Battery Metals's Total Assets for the fiscal year that ended in Jan. 2021 is calculated as

Total Assets	=	Total Equity (A: Jan. 2021 )	+	Total Liabilities (A: Jan. 2021 )
	=	4.718	+	4.829
	=	9.55

International Battery Metals'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 )
	=	41.439	+	3.496
	=	44.94

International Battery Metals (XCNQ:IBAT) Total Assets Explanation

Total Assets is connected with ROA %.

International Battery Metals'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 )
	=	-15.052	/	( (44.131	+	44.935)	/ 2 )
	=	-15.052	/	44.533
	=	-33.80 %

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.

International Battery Metals'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	/	( (44.131	+	44.935)	/ 2 )
=	0	/	44.533
=	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.

International Battery Metals Total Assets Related Terms

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International Battery Metals (XCNQ:IBAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Battery Metals Ltd (XCNQ:IBAT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

IBATF:USA 8RE:Germany 8RE:Germany

Address

1055 West Georgia Street, Suite 1750, Royal Centre, Vancouver, BC, CAN, V6E 3P3

Website

https://www.ibatterymetals.com

International Battery Metals Ltd is a technology company focused on lithium extraction from salars, geothermal brines and oil field brines. The company is in the process of creating and applying intellectual property related to lithium extraction from brines. Its extraction process is environmentally friendly, low cost, and has the potential to produce commercial-grade lithium at a faster rate.

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