GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Stria Lithium Inc (TSXV:SRA) » Definitions » Total Assets

Stria Lithium (TSXV:SRA) Total Assets : C$2.50 Mil (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Stria Lithium Total Assets?

Stria Lithium's Total Assets for the quarter that ended in Mar. 2024 was C$2.50 Mil.

During the past 12 months, Stria Lithium's average Total Assets Growth Rate was -36.40% per year. During the past 3 years, the average Total Assets Growth Rate was -28.80% per year. During the past 5 years, the average Total Assets Growth Rate was -0.10% per year. During the past 10 years, the average Total Assets Growth Rate was 33.80% per year.

During the past 12 years, Stria Lithium's highest 3-Year average Total Assets Growth Rate was 240.00%. The lowest was -28.80%. And the median was 30.80%.

Total Assets is connected with ROA %. Stria Lithium's annualized ROA % for the quarter that ended in Mar. 2024 was -117.85%. Total Assets is also linked to Revenue through Asset Turnover. Stria Lithium's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


Stria Lithium Total Assets Historical Data

The historical data trend for Stria 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.

Stria Lithium Total Assets Chart

Stria Lithium Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 2.78 3.66 5.22 3.90

Stria Lithium 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 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 4.20 3.62 3.90 3.42 2.50

Stria 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.

Stria Lithium's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=3.678+0.218
=3.90

Stria 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 )
=2.389+0.113
=2.50

* 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.


Stria Lithium  (TSXV:SRA) Total Assets Explanation

Total Assets is connected with ROA %.

Stria 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 )
=-3.492/( (3.424+2.502)/ 2 )
=-3.492/2.963
=-117.85 %

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.

Stria 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/( (3.424+2.502)/ 2 )
=0/2.963
=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.

Stria Lithium Total Assets Related Terms

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


Stria Lithium (TSXV:SRA) Business Description

Traded in Other Exchanges
Address
945 Princess Street, Box 118, Kingston, ON, CAN, K7L 0E9
Stria Lithium Inc is engaged in the acquisition, exploration, and development of mineral properties in Quebec, Canada, as well as the development of processes to purify and recover lithium metal directly from ore and brine liquids. The company's project includes the Pontax project and the Romer Property.
Executives
Dean Hanisch Senior Officer

Stria Lithium (TSXV:SRA) Headlines

No Headlines