SBMCF (Silver Bullet Mines) Total Assets : $2.58 Mil (As of Dec. 2024)

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What is Silver Bullet Mines Total Assets?

Silver Bullet Mines's Total Assets for the quarter that ended in Dec. 2024 was $2.58 Mil.

During the past 12 months, Silver Bullet Mines's average Total Assets Growth Rate was 8.00% per year. During the past 3 years, the average Total Assets Growth Rate was 25.10% per year.

During the past 5 years, Silver Bullet Mines's highest 3-Year average Total Assets Growth Rate was 217.90%. The lowest was 25.10%. And the median was 121.50%.

Total Assets is connected with ROA %. Silver Bullet Mines's annualized ROA % for the quarter that ended in Dec. 2024 was -172.46%. Total Assets is also linked to Revenue through Asset Turnover. Silver Bullet Mines's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Silver Bullet Mines Total Assets Historical Data

The historical data trend for Silver Bullet Mines'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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Silver Bullet Mines Total Assets Chart

Silver Bullet Mines Annual Data

Trend

Nov20

Jun21

Jun22

Jun23

Jun24

Total Assets

0.15

4.19

2.83

2.38

2.39

Silver Bullet Mines Quarterly Data
	Nov20	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial											2.42	2.43	2.39	2.44	2.58

Silver Bullet Mines 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 Bullet Mines'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 )
	=	-0.124	+	2.512
	=	2.39

Silver Bullet Mines's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	-0.984	+	3.558
	=	2.57

Silver Bullet Mines (OTCPK:SBMCF) Total Assets Explanation

Total Assets is connected with ROA %.

Silver Bullet Mines's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-4.328	/	( (2.444	+	2.575)	/ 2 )
	=	-4.328	/	2.5095
	=	-172.46 %

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

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0	/	( (2.444	+	2.575)	/ 2 )
=	0	/	2.5095
=	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.

Silver Bullet Mines Total Assets Related Terms

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Silver Bullet Mines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Bullet Mines Corp (OTCPK:SBMCF) » Definitions » Total Assets

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Traded in Other Exchanges

SBMI:Canada

Address

3310 South Service Road, Suite 200, Burlington, ON, CAN, L7N 3M6

Website

https://www.silverbulletmines.com

Silver Bullet Mines Corp is engaged in the acquisition, exploration, development, and extraction of natural resources, specifically precious metals in Arizona, Idaho, and Nevada. The Company has exploration and evaluation properties located in two geographical areas, Canada and the United States of America. The projects of the company are Buckeye, McMorris, and Silver Sevens Mines, Arizona; Lone Mountain and Ophir Canyon Projects -Nevada -Gold; Washington Silver and Gold Mine, Idaho and Black Copper and Richmond (Richman) Basin Deposits -Arizona -Copper.