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GRSLF (Gr Silver Mining) Total Assets : $8.21 Mil (As of Sep. 2024)


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What is Gr Silver Mining Total Assets?

Gr Silver Mining's Total Assets for the quarter that ended in Sep. 2024 was $8.21 Mil.

During the past 12 months, Gr Silver Mining's average Total Assets Growth Rate was -63.10% per year. During the past 3 years, the average Total Assets Growth Rate was 21.30% per year. During the past 5 years, the average Total Assets Growth Rate was 76.70% per year.

During the past 8 years, Gr Silver Mining's highest 3-Year average Total Assets Growth Rate was 398.60%. The lowest was 21.30%. And the median was 166.00%.

Total Assets is connected with ROA %. Gr Silver Mining's annualized ROA % for the quarter that ended in Sep. 2024 was 970.51%. Total Assets is also linked to Revenue through Asset Turnover. Gr Silver Mining's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.


Gr Silver Mining Total Assets Historical Data

The historical data trend for Gr Silver 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.

Gr Silver Mining Total Assets Chart

Gr Silver Mining Annual Data
Trend Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 2.78 8.47 22.21 18.61 7.99

Gr Silver Mining Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.70 7.99 7.56 7.45 8.21

Gr Silver 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.

Gr Silver 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 )
=-12.04+20.033
=7.99

Gr Silver Mining'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 )
=6.377+1.83
=8.21

* 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.


Gr Silver Mining  (OTCPK:GRSLF) Total Assets Explanation

Total Assets is connected with ROA %.

Gr Silver Mining'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 )
=75.996/( (7.454+8.207)/ 2 )
=75.996/7.8305
=970.51 %

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.

Gr Silver Mining'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/( (7.454+8.207)/ 2 )
=0/7.8305
=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.

Gr Silver Mining Total Assets Related Terms

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Gr Silver Mining Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1050, Vancouver, BC, CAN, V6C 3A6
Gr Silver Mining Ltd is a Mexico-focused company engaged in time- and cost-effective resource expansion and controlling key assets on the eastern edge of the Rosario Mining District. The company holds Plomosas Property, San Marcial Property, El Habal Property, Golconda Summit Property, Stone Cabin Property and Boldt Property.