Bri-Chem (TSX:BRY) Total Assets : C$66.2 Mil (As of Mar. 2024)

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What is Bri-Chem Total Assets?

Bri-Chem's Total Assets for the quarter that ended in Mar. 2024 was C$66.2 Mil.

During the past 12 months, Bri-Chem's average Total Assets Growth Rate was -12.50% per year. During the past 3 years, the average Total Assets Growth Rate was 37.50% per year. During the past 5 years, the average Total Assets Growth Rate was 5.70% per year. During the past 10 years, the average Total Assets Growth Rate was -8.80% per year.

During the past 13 years, Bri-Chem's highest 3-Year average Total Assets Growth Rate was 792.50%. The lowest was -37.50%. And the median was 1.60%.

Total Assets is connected with ROA %. Bri-Chem's annualized ROA % for the quarter that ended in Mar. 2024 was -8.95%. Total Assets is also linked to Revenue through Asset Turnover. Bri-Chem's Asset Turnover for the quarter that ended in Mar. 2024 was 0.32.

Bri-Chem Total Assets Historical Data

The historical data trend for Bri-Chem'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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Bri-Chem Total Assets Chart

Bri-Chem Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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45.20

26.29

43.80

78.50

68.37

Bri-Chem Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															75.65	72.60	70.53	68.37	66.22

Bri-Chem 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.

Bri-Chem'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 )
	=	22.542	+	45.829
	=	68.4

Bri-Chem'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 )
	=	21.809	+	44.415
	=	66.2

Bri-Chem (TSX:BRY) Total Assets Explanation

Total Assets is connected with ROA %.

Bri-Chem'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 )
	=	-6.024	/	( (68.372	+	66.224)	/ 2 )
	=	-6.024	/	67.298
	=	-8.95 %

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.

Bri-Chem'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 )
=	21.371	/	( (68.372	+	66.224)	/ 2 )
=	21.371	/	67.298
=	0.32

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.

Bri-Chem Total Assets Related Terms

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Bri-Chem (TSX:BRY) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bri-Chem Corp (TSX:BRY) » Definitions » Total Assets

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BRYFF:USA 5JN:Germany

Address

27075 Acheson Road, Acheson, AB, CAN, T7X 6B1

Website

https://www.brichem.com

Bri-Chem Corp supplies drilling fluids for the oil and gas industries. The company provides drilling fluid products, cementing, acidizing and stimulation additives from multiple strategically located warehouses throughout Canada and the United States. Its segments are Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending and Packaging Canada, Fluids Blending and Packaging USA, and Other. The Other segment represents insignificant segments and all remaining costs not directly attributable to an operating segment, such as corporate overhead. A majority of its revenue is derived from the distribution of fluids in the United States of America.