Southern Arc Minerals (TSXV:SA.H) Total Assets : C$0.13 Mil (As of Dec. 2024)

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What is Southern Arc Minerals Total Assets?

Southern Arc Minerals's Total Assets for the quarter that ended in Dec. 2024 was C$0.13 Mil.

During the past 12 months, Southern Arc Minerals's average Total Assets Growth Rate was -38.10% per year. During the past 3 years, the average Total Assets Growth Rate was -77.70% per year. During the past 5 years, the average Total Assets Growth Rate was -80.80% per year. During the past 10 years, the average Total Assets Growth Rate was -47.50% per year.

During the past 13 years, Southern Arc Minerals's highest 3-Year average Total Assets Growth Rate was 79.30%. The lowest was -87.40%. And the median was 12.40%.

Total Assets is connected with ROA %. Southern Arc Minerals's annualized ROA % for the quarter that ended in Dec. 2024 was -112.28%. Total Assets is also linked to Revenue through Asset Turnover. Southern Arc Minerals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Southern Arc Minerals Total Assets Historical Data

The historical data trend for Southern Arc Minerals'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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Southern Arc Minerals Total Assets Chart

Southern Arc Minerals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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15.33

2.56

1.15

0.47

0.28

Southern Arc Minerals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															0.35	0.27	0.28	0.21	0.13

Southern Arc Minerals 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.

Southern Arc Minerals's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (A: Jun. 2024 )	+	Total Liabilities (A: Jun. 2024 )
	=	0.205	+	0.075
	=	0.28

Southern Arc Minerals's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	-0.001	+	0.132
	=	0.13

Southern Arc Minerals (TSXV:SA.H) Total Assets Explanation

Total Assets is connected with ROA %.

Southern Arc Minerals's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-0.192	/	( (0.211	+	0.131)	/ 2 )
	=	-0.192	/	0.171
	=	-112.28 %

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

Southern Arc Minerals's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0	/	( (0.211	+	0.131)	/ 2 )
=	0	/	0.171
=	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.

Southern Arc Minerals Total Assets Related Terms

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Southern Arc Minerals Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Arc Minerals Inc (TSXV:SA.H) » Definitions » Total Assets

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SARMF:USA

Address

669 Howe Street, Suite 650, Vancouver, BC, CAN, V6C 0B4

Website

https://www.southernarcminerals.com

Southern Arc Minerals Inc is a mineral exploration company. The company is focused on creating value through project generation and strategic investments in mineral resource companies with a focus on gold and copper-gold. The company's exploration properties include northern Hokkaido, northern Honshu, and Kyushu, Japan. The Company conducts its business as a single operating segment focused on the acquisition and exploration of resource properties and investments.

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