Sable Exploration And Mining (JSE:SXM) Total Assets : R1.38 Mil (As of Aug. 2023)

Sable Exploration And Mining Total Assets Chart

Sable Exploration And Mining Annual Data
	Trend	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23
Total Assets		Get a 7-Day Free Trial					1.59	1.96	2.06	0.40	1.08

Sable Exploration And Mining Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Total Assets	Get a 7-Day Free Trial															2.20	0.40	0.70	1.08	1.38

Sable Exploration And Mining 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.

Sable Exploration And Mining's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Sable Exploration And Mining's Total Assets for the quarter that ended in Aug. 2023 is calculated as

* 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.

Sable Exploration And Mining  (JSE:SXM) Total Assets Explanation

Total Assets is connected with ROA %.

Sable Exploration And Mining's annualized ROA % for the quarter that ended in Aug. 2023 is

Note: The Net Income data used here is two times the semi-annual (Aug. 2023) 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.

Sable Exploration And Mining's Asset Turnover for the quarter that ended in Aug. 2023 is

* 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.

Sable Exploration And Mining Total Assets Related Terms

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Sable Exploration And Mining (JSE:SXM) Business Description