Sunshine Oilsands (Sunshine Oilsands) Total Assets : $556.00 Mil (As of Dec. 2023)

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What is Sunshine Oilsands Total Assets?

Sunshine Oilsands's Total Assets for the quarter that ended in Dec. 2023 was $556.00 Mil.

During the past 12 months, Sunshine Oilsands's average Total Assets Growth Rate was 1.30% per year. During the past 3 years, the average Total Assets Growth Rate was -2.00% per year. During the past 5 years, the average Total Assets Growth Rate was -1.00% per year. During the past 10 years, the average Total Assets Growth Rate was -5.30% per year.

During the past 13 years, Sunshine Oilsands's highest 3-Year average Total Assets Growth Rate was 68.10%. The lowest was -14.10%. And the median was -1.80%.

Total Assets is connected with ROA %. Sunshine Oilsands's annualized ROA % for the quarter that ended in Dec. 2023 was 1.18%. Total Assets is also linked to Revenue through Asset Turnover. Sunshine Oilsands's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Sunshine Oilsands Total Assets Historical Data

The historical data trend for Sunshine Oilsands'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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Sunshine Oilsands Total Assets Chart

Sunshine Oilsands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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577.61

594.63

590.41

550.40

556.00

Sunshine Oilsands Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															550.40	546.34	560.35	546.68	556.00

Sunshine Oilsands 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.

Sunshine Oilsands'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 )
	=	67.864	+	488.137
	=	556.00

Sunshine Oilsands's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	67.864	+	488.137
	=	556.00

Sunshine Oilsands (OTCPK:SUNYF) Total Assets Explanation

Total Assets is connected with ROA %.

Sunshine Oilsands's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	6.512	/	( (546.677	+	556.002)	/ 2 )
	=	6.512	/	551.3395
	=	1.18 %

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

Sunshine Oilsands's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	8.894	/	( (546.677	+	556.002)	/ 2 )
=	8.894	/	551.3395
=	0.02

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.

Sunshine Oilsands Total Assets Related Terms

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Sunshine Oilsands (Sunshine Oilsands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sunshine Oilsands Ltd (OTCPK:SUNYF) » Definitions » Total Assets

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02012:Hong Kong

Address

715-5th Ave SW, Suite 1910, Calgary, AB, CAN, T2P 2X6

Website

https://www.sunshineoilsands.com

Sunshine Oilsands Ltd is a Canada-based company engaged in the exploration and development of oil properties for the production of bitumen in the Athabasca oil sands region in Alberta, Canada. Its projects include West Ells, Thickwood, Legend, Muskwa, Harper, and others. It operates in a single segment of mining, production, and sales of crude oil products.