Silver X Mining (FRA:AGX) Total Assets : €48.54 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Silver X Mining Total Assets?

Silver X Mining's Total Assets for the quarter that ended in Mar. 2024 was €48.54 Mil.

During the past 12 months, Silver X Mining's average Total Assets Growth Rate was -22.00% per year. During the past 3 years, the average Total Assets Growth Rate was 1494.60% per year.

During the past 4 years, Silver X Mining's highest 3-Year average Total Assets Growth Rate was 1494.60%. The lowest was 1494.60%. And the median was 1494.60%.

Total Assets is connected with ROA %. Silver X Mining's annualized ROA % for the quarter that ended in Mar. 2024 was -4.60%. Total Assets is also linked to Revenue through Asset Turnover. Silver X Mining's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Silver X Mining Total Assets Historical Data

The historical data trend for Silver X Mining'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 X Mining Total Assets Chart

Silver X Mining Annual Data

Trend

Feb20

Feb21

Dec22

Dec23

Total Assets

0.04

6.00

52.84

47.56

Silver X Mining Quarterly Data
	May20	Aug20	Feb21	May21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial									62.87	64.30	64.35	47.56	48.54

Silver X Mining 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 X Mining'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 )
	=	17.154	+	30.402
	=	47.56

Silver X Mining's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	16.813	+	31.723
	=	48.54

Silver X Mining (FRA:AGX) Total Assets Explanation

Total Assets is connected with ROA %.

Silver X Mining's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-2.212	/	( (47.557	+	48.536)	/ 2 )
	=	-2.212	/	48.0465
	=	-4.60 %

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

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	4.397	/	( (47.557	+	48.536)	/ 2 )
=	4.397	/	48.0465
=	0.09

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 X Mining Total Assets Related Terms

Thank you for viewing the detailed overview of Silver X Mining's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Silver X Mining (FRA:AGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver X Mining Corp (FRA:AGX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AGXPF:USA AGX:Germany AGX:Canada

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://www.silverx-mining.com

Silver X Mining Corp is a Canadian silver mining company with assets in Peru and Ecuador. The Company operates in two reportable operating segments, the exploration and development of mineral properties. The company's flagship asset is the Nueva Recuperada silver lead zinc project located in Huancavelica, Peru. The firm offers diverse commodity exposure, including silver, gold, lead, and zinc opportunities. It also holds interest in the Coriorcco gold project.