Sail Mining Group (JSE:SGP) Total Assets: R1,203 Mil (As of Aug. 2021)


What is Sail Mining Group Total Assets?

Sail Mining Group JSE:SGP Total Assets is R1,203 Mil as of Aug. 2021.

Sail Mining Group's Total Assets for the quarter that ended in Aug. 2021 was R1,203 Mil.

Total Assets is connected with ROA %. Sail Mining Group's annualized ROA % for the quarter that ended in Aug. 2021 was -25.15%. Total Assets is also linked to Revenue through Asset Turnover. Sail Mining Group's Asset Turnover for the quarter that ended in Aug. 2021 was 0.28.

Sail Mining Group  (JSE:SGP) Total Assets Explanation

Total Assets is connected with ROA %.

Sail Mining Group's annualized ROA % for the quarter that ended in Aug. 2021 is

ROA %=Net Income (Q: Aug. 2021 )/( (Total Assets (Q: Feb. 2021 )+Total Assets (Q: Aug. 2021 ))/ count )
=-352.616/( (1601.418+1203.237)/ 2 )
=-352.616/1402.3275
=-25.15 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2021) 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.

Sail Mining Group's Asset Turnover for the quarter that ended in Aug. 2021 is

Asset Turnover
=Revenue (Q: Aug. 2021 )/( (Total Assets (Q: Feb. 2021 )+Total Assets (Q: Aug. 2021 ))/ count )
=394.908/( (1601.418+1203.237)/ 2 )
=394.908/1402.3275
=0.28

* 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.

Sail Mining Group Total Assets Related Terms

Sail Mining Group Total Assets Historical Data

* Premium members only.

The historical data trend for Sail Mining Group'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.

Sail Mining Group Total Assets Chart

Sail Mining Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 277.53 1,485.06 1,440.37 1,808.28 1,601.42

Sail Mining Group Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
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 1,574.78 1,808.28 1,836.58 1,601.42 1,203.24

Sail Mining Group 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.

Sail Mining Group's Total Assets for the fiscal year that ended in Feb. 2021 is calculated as

Total Assets=Total Equity (A: Feb. 2021 )+Total Liabilities (A: Feb. 2021 )
=185.049+1416.369
=1,601

Sail Mining Group's Total Assets for the quarter that ended in Aug. 2021 is calculated as

Total Assets=Total Equity (Q: Aug. 2021 )+Total Liabilities (Q: Aug. 2021 )
=-144.046+1347.283
=1,203

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of R1,203 Mil mean?
Sail Mining Group (JSE:SGP) has a Total Assets of R1,203 Mil as of Aug. 2021. The total amount of assets as recorded on a company's balance sheet. View historical data on Sail Mining Group and its competitors.
Is Sail Mining Group's Total Assets too high?
Sail Mining Group's current Total Assets is R1,203 Mil.
How does Sail Mining Group's Total Assets compare to BHPBF?
Sail Mining Group's Total Assets of R1,203 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Sail Mining Group and its competitors. Sail Mining Group's current Total Assets is R1,203 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sail Mining Group stock overvalued right now?
Sail Mining Group (JSE:SGP) has a current Total Assets of R1,203 Mil. The current Total Assets is R1,203 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Sail Mining Group (JSE:SGP), the current Total Assets is R1,203 Mil as of Aug. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sail Mining Group Business Description

Address 4 Peltier Drive, Unit 25 Sunninghill Office Park, Johannesburg, GT, ZAF, 2054
Sail Mining Group Ltd Formerly Chrometco Ltd is a mineral exploration company. It has chrome and mining operations in the North-West Province of South Africa. In addition, Chrometco focuses on the investigation of other chrome and base metal properties for exploration purposes and on researching and investigating business development opportunities. The group holds interest in mining, concentrating and beneficiating various metals and their ores, in particular chrome, platinum, copper, cobalt, nickel and manganese.