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Hi Ho Silver Resources (Hi Ho Silver Resources) Total Assets : $0.68 Mil (As of Apr. 2021)


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What is Hi Ho Silver Resources Total Assets?

Hi Ho Silver Resources's Total Assets for the quarter that ended in Apr. 2021 was $0.68 Mil.

Total Assets is connected with ROA %. Hi Ho Silver Resources's annualized ROA % for the quarter that ended in Apr. 2021 was -67.38%. Total Assets is also linked to Revenue through Asset Turnover. Hi Ho Silver Resources's Asset Turnover for the quarter that ended in Apr. 2021 was 0.00.


Hi Ho Silver Resources Total Assets Historical Data

The historical data trend for Hi Ho Silver 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.

Hi Ho Silver Resources Total Assets Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.56 1.10 0.71 0.65

Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 0.79 0.65 0.64 0.72 0.68

Hi Ho Silver 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.

Hi Ho Silver Resources's Total Assets for the fiscal year that ended in Jul. 2020 is calculated as

Total Assets=Total Equity (A: Jul. 2020 )+Total Liabilities (A: Jul. 2020 )
=-0.29+0.94
=0.65

Hi Ho Silver Resources's Total Assets for the quarter that ended in Apr. 2021 is calculated as

Total Assets=Total Equity (Q: Apr. 2021 )+Total Liabilities (Q: Apr. 2021 )
=-0.198+0.876
=0.68

* 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.


Hi Ho Silver Resources  (OTCPK:HHSRF) Total Assets Explanation

Total Assets is connected with ROA %.

Hi Ho Silver Resources's annualized ROA % for the quarter that ended in Apr. 2021 is

ROA %=Net Income (Q: Apr. 2021 )/( (Total Assets (Q: Jan. 2021 )+Total Assets (Q: Apr. 2021 ))/ count )
=-0.472/( (0.724+0.677)/ 2 )
=-0.472/0.7005
=-67.38 %

Note: The Net Income data used here is four times the quarterly (Apr. 2021) 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.

Hi Ho Silver Resources's Asset Turnover for the quarter that ended in Apr. 2021 is

Asset Turnover
=Revenue (Q: Apr. 2021 )/( (Total Assets (Q: Jan. 2021 )+Total Assets (Q: Apr. 2021 ))/ count )
=0/( (0.724+0.677)/ 2 )
=0/0.7005
=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.

Hi Ho Silver Resources Total Assets Related Terms

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Hi Ho Silver Resources (Hi Ho Silver Resources) Business Description

Traded in Other Exchanges
N/A
Address
Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.

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