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AGMRD (Silver Mountain Resources) Total Assets : $37.08 Mil (As of Sep. 2024)


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What is Silver Mountain Resources Total Assets?

Silver Mountain Resources's Total Assets for the quarter that ended in Sep. 2024 was $37.08 Mil.

During the past 12 months, Silver Mountain Resources's average Total Assets Growth Rate was 23.40% per year. During the past 3 years, the average Total Assets Growth Rate was 53.80% per year.

During the past 4 years, Silver Mountain Resources's highest 3-Year average Total Assets Growth Rate was 53.80%. The lowest was 53.80%. And the median was 53.80%.

Total Assets is connected with ROA %. Silver Mountain Resources's annualized ROA % for the quarter that ended in Sep. 2024 was -13.96%. Total Assets is also linked to Revenue through Asset Turnover. Silver Mountain Resources's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Silver Mountain Resources Total Assets Historical Data

The historical data trend for Silver Mountain 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.

* Premium members only.

Silver Mountain Resources Total Assets Chart

Silver Mountain Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
8.47 16.90 27.75 33.36

Silver Mountain Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 31.91 33.36 32.72 37.41 37.08

Silver Mountain 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 Mountain Resources'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 )
=30.868+2.492
=33.36

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

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=33.924+3.151
=37.08

* 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.

Silver Mountain Resources  (OTCPK:AGMRD) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-5.2/( (37.413+37.075)/ 2 )
=-5.2/37.244
=-13.96 %

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

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (37.413+37.075)/ 2 )
=0/37.244
=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.

Silver Mountain Resources Total Assets Related Terms

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Silver Mountain Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Mountain Resources Inc (OTCPK:AGMRD) » Definitions » Total Assets
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Traded in Other Exchanges
AGMR:Canada
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Website
https://www.agmr.ca
Silver Mountain Resources Inc is a silver explorer and mine developer. The company is focused on the acquisition, exploration, and development of mines and mineral deposits of the Castrovirreyna project located in Huancavelica, Peru. The group's projects include Reliquias, Greenfields and Dorita.