Sabre Resources (ASX:SBR) Total Assets : A$13.33 Mil (As of Dec. 2023)

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What is Sabre Resources Total Assets?

Sabre Resources's Total Assets for the quarter that ended in Dec. 2023 was A$13.33 Mil.

During the past 12 months, Sabre Resources's average Total Assets Growth Rate was 12.30% per year. During the past 3 years, the average Total Assets Growth Rate was -2.50% per year. During the past 5 years, the average Total Assets Growth Rate was -10.90% per year. During the past 10 years, the average Total Assets Growth Rate was -15.40% per year.

During the past 13 years, Sabre Resources's highest 3-Year average Total Assets Growth Rate was 1256.10%. The lowest was -75.70%. And the median was 2.30%.

Total Assets is connected with ROA %. Sabre Resources's annualized ROA % for the quarter that ended in Dec. 2023 was -13.73%. Total Assets is also linked to Revenue through Asset Turnover. Sabre Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Sabre Resources Total Assets Historical Data

The historical data trend for Sabre 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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Sabre Resources Total Assets Chart

Sabre Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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11.96

14.45

12.33

12.29

13.31

Sabre Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															12.33	12.26	12.29	13.33	13.31

Sabre 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.

Sabre Resources'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 )
	=	13.132	+	0.175
	=	13.31

Sabre Resources'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 )
	=	13.11	+	0.219
	=	13.33

Sabre Resources (ASX:SBR) Total Assets Explanation

Total Assets is connected with ROA %.

Sabre Resources's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1.758	/	( (12.288	+	13.328)	/ 2 )
	=	-1.758	/	12.808
	=	-13.73 %

Note: The Net Income data used here is two times the semi-annual (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.

Sabre Resources's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (12.288	+	13.328)	/ 2 )
=	0	/	12.808
=	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.

Sabre Resources Total Assets Related Terms

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Sabre Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sabre Resources Ltd (ASX:SBR) » Definitions » Total Assets

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N/A

Address

Level 1, 8 Parliament Place, West Perth, Perth, WA, AUS, 6005

Website

https://www.sabresources.com

Sabre Resources Ltd explores for and develops mineral properties. It explores copper, zinc, vanadium, silver, and other semi-precious metals. The Company also focuses on its Sherlock Bay Nickel-Copper-Cobalt Project in the northwest Pilbara region of Western Australia, The firm is managed on the basis of its development and exploration of minerals in the geographical regions of Australia and Namibia and drives key revenue from Australia.