GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Exploration Group Inc (GREY:LEXG) » Definitions » Total Assets

Lithium Exploration Group (Lithium Exploration Group) Total Assets : $0.95 Mil (As of Mar. 2018)


View and export this data going back to 2006. Start your Free Trial

What is Lithium Exploration Group Total Assets?

Lithium Exploration Group's Total Assets for the quarter that ended in Mar. 2018 was $0.95 Mil.

Total Assets is connected with ROA %. Lithium Exploration Group's annualized ROA % for the quarter that ended in Mar. 2018 was 53.76%. Total Assets is also linked to Revenue through Asset Turnover. Lithium Exploration Group's Asset Turnover for the quarter that ended in Mar. 2018 was 0.00.


Lithium Exploration Group Total Assets Historical Data

The historical data trend for Lithium Exploration Group'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.

Lithium Exploration Group Total Assets Chart

Lithium Exploration Group Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 1.06 0.12 0.05 0.84

Lithium Exploration Group Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.47 0.84 0.91 0.91 0.95

Lithium Exploration Group 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.

Lithium Exploration Group's Total Assets for the fiscal year that ended in Jun. 2017 is calculated as

Total Assets=Total Equity (A: Jun. 2017 )+Total Liabilities (A: Jun. 2017 )
=-6.151+6.989
=0.84

Lithium Exploration Group's Total Assets for the quarter that ended in Mar. 2018 is calculated as

Total Assets=Total Equity (Q: Mar. 2018 )+Total Liabilities (Q: Mar. 2018 )
=-5.075+6.027
=0.95

* 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.


Lithium Exploration Group  (GREY:LEXG) Total Assets Explanation

Total Assets is connected with ROA %.

Lithium Exploration Group's annualized ROA % for the quarter that ended in Mar. 2018 is

ROA %=Net Income (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=0.5/( (0.908+0.952)/ 2 )
=0.5/0.93
=53.76 %

Note: The Net Income data used here is four times the quarterly (Mar. 2018) 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.

Lithium Exploration Group's Asset Turnover for the quarter that ended in Mar. 2018 is

Asset Turnover
=Revenue (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=0/( (0.908+0.952)/ 2 )
=0/0.93
=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.

Lithium Exploration Group Total Assets Related Terms

Thank you for viewing the detailed overview of Lithium Exploration Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Lithium Exploration Group (Lithium Exploration Group) Business Description

Traded in Other Exchanges
N/A
Address
4635 South Lakeshore Drive, Suite 200, Tempe, AZ, USA, 85282
Lithium Exploration Group Inc is a U.S.-based exploration and development company. It is focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. The company is testing its SonCav Technology for use in the oil and gas industry and the acquisition of oil and gas related assets in Western Canada and Southwest Louisiana. The SonCav technology uses a patented process to mechanically induce an ultrasonic cavitation to superheat fluid. It is focused solely on water and crude oil, but technology is expected to have many other commercial uses including mining, LNG, Ethanol, industrial and other chemical uses in the pharmaceutical industry.

Lithium Exploration Group (Lithium Exploration Group) Headlines