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SolidusGold (TSXV:SDC) Total Assets : C$0.47 Mil (As of Jun. 2022)


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What is SolidusGold Total Assets?

SolidusGold's Total Assets for the quarter that ended in Jun. 2022 was C$0.47 Mil.

Total Assets is connected with ROA %. SolidusGold's annualized ROA % for the quarter that ended in Jun. 2022 was -62.92%. Total Assets is also linked to Revenue through Asset Turnover. SolidusGold's Asset Turnover for the quarter that ended in Jun. 2022 was 0.00.


SolidusGold Total Assets Historical Data

The historical data trend for SolidusGold'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.

SolidusGold Total Assets Chart

SolidusGold Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.15 0.07 0.57 0.42

SolidusGold Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.56 0.54 0.46 0.42 0.47

SolidusGold 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.

SolidusGold's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (A: Mar. 2022 )+Total Liabilities (A: Mar. 2022 )
=-0.355+0.772
=0.42

SolidusGold's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets=Total Equity (Q: Jun. 2022 )+Total Liabilities (Q: Jun. 2022 )
=-0.325+0.798
=0.47

* 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.


SolidusGold  (TSXV:SDC) Total Assets Explanation

Total Assets is connected with ROA %.

SolidusGold's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=-0.28/( (0.417+0.473)/ 2 )
=-0.28/0.445
=-62.92 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) 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.

SolidusGold's Asset Turnover for the quarter that ended in Jun. 2022 is

Asset Turnover
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=0/( (0.417+0.473)/ 2 )
=0/0.445
=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.

SolidusGold Total Assets Related Terms

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SolidusGold (TSXV:SDC) Business Description

Traded in Other Exchanges
N/A
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
SolidusGold Inc is a company engaged in the exploration and development of precious and base metals. The company holds an interest in the Honeymoon property. Its Honeymoon property is an early stage gold-silver-copper property located on the west side of Adams Lake, British Columbia.

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