Silver Spruce Resources (FRA:S6Q1) Total Assets : €0.16 Mil (As of Jan. 2024)

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

What is Silver Spruce Resources Total Assets?

Silver Spruce Resources's Total Assets for the quarter that ended in Jan. 2024 was €0.16 Mil.

During the past 12 months, Silver Spruce Resources's average Total Assets Growth Rate was -44.40% per year. During the past 3 years, the average Total Assets Growth Rate was -39.50% per year. During the past 5 years, the average Total Assets Growth Rate was -35.80% per year. During the past 10 years, the average Total Assets Growth Rate was 5.60% per year.

During the past 13 years, Silver Spruce Resources's highest 3-Year average Total Assets Growth Rate was 279.00%. The lowest was -78.80%. And the median was -3.00%.

Total Assets is connected with ROA %. Silver Spruce Resources's annualized ROA % for the quarter that ended in Jan. 2024 was -320.00%. Total Assets is also linked to Revenue through Asset Turnover. Silver Spruce Resources's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Silver Spruce Resources Total Assets Historical Data

The historical data trend for Silver Spruce Resources'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.

Silver Spruce Resources Total Assets Chart

Silver Spruce Resources Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

Get a 7-Day Free Trial

0.19

0.91

1.02

0.29

0.28

Silver Spruce Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															0.15	0.59	0.43	0.28	0.16

Silver Spruce Resources 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.

Silver Spruce Resources's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	0.136	+	0.147
	=	0.28

Silver Spruce Resources's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	-0.041	+	0.197
	=	0.16

Silver Spruce Resources (FRA:S6Q1) Total Assets Explanation

Total Assets is connected with ROA %.

Silver Spruce Resources's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-0.704	/	( (0.284	+	0.156)	/ 2 )
	=	-0.704	/	0.22
	=	-320.00 %

Note: The Net Income data used here is four times the quarterly (Jan. 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.

Silver Spruce Resources's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0	/	( (0.284	+	0.156)	/ 2 )
=	0	/	0.22
=	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.

Silver Spruce Resources Total Assets Related Terms

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

Silver Spruce Resources (FRA:S6Q1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Spruce Resources Inc (FRA:S6Q1) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SSEBF:USA SSE:Canada

Address

1600 Bedford Highway, Suite 440, Bedford, NS, CAN, B4A 1E8

Website

https://www.silverspruceresources.com

Silver Spruce Resources Inc is a Canada-based company focused on exploration for precious and base minerals. The flagship project Pino de Plata located in Chihuahua state Mexico is a high-grade silver project with noteworthy gold, lead, and zinc credits. Its other projects include El Mezquite, Melchett Lake and Pope's Hill.

Silver Spruce Resources (FRA:S6Q1) Headlines

No Headlines