Silver Dollar Resources (XCNQ:SLV) Total Assets : C$15.51 Mil (As of Feb. 2024)

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What is Silver Dollar Resources Total Assets?

Silver Dollar Resources's Total Assets for the quarter that ended in Feb. 2024 was C$15.51 Mil.

During the past 12 months, Silver Dollar Resources's average Total Assets Growth Rate was 14.60% per year. During the past 3 years, the average Total Assets Growth Rate was 25.90% per year.

During the past 5 years, Silver Dollar Resources's highest 3-Year average Total Assets Growth Rate was 324.40%. The lowest was 25.90%. And the median was 175.15%.

Total Assets is connected with ROA %. Silver Dollar Resources's annualized ROA % for the quarter that ended in Feb. 2024 was -3.42%. Total Assets is also linked to Revenue through Asset Turnover. Silver Dollar Resources's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.

Silver Dollar Resources Total Assets Historical Data

The historical data trend for Silver Dollar 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.

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Silver Dollar Resources Total Assets Chart

Silver Dollar Resources Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

0.34

6.39

17.40

16.56

16.03

Silver Dollar Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial															16.23	17.36	16.03	15.63	15.51

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

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	15.894	+	0.138
	=	16.03

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

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	15.453	+	0.057
	=	15.51

Silver Dollar Resources (XCNQ:SLV) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	-0.532	/	( (15.629	+	15.51)	/ 2 )
	=	-0.532	/	15.5695
	=	-3.42 %

Note: The Net Income data used here is four times the quarterly (Feb. 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 Dollar Resources's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	0	/	( (15.629	+	15.51)	/ 2 )
=	0	/	15.5695
=	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 Dollar Resources Total Assets Related Terms

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Silver Dollar Resources (XCNQ:SLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Dollar Resources Inc (XCNQ:SLV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SLVDF:USA 4YW:Germany

Address

179 - 2945 Jacklin Road, Suite 416, Victoria, BC, CAN, V9B 6J9

Website

https://silverdollarresources.com

Silver Dollar Resources Inc is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration programs thereon. Its properties include La Joya Project, Nora Project in Mexico; Longlegged Lake Property and Pakwash Lake Property in Ontario.

Executives

Joseph Jerome Smulders

Senior Officer