Silver Elephant Mining (Silver Elephant Mining) Total Assets : $53.21 Mil (As of Sep. 2023)

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What is Silver Elephant Mining Total Assets?

Silver Elephant Mining's Total Assets for the quarter that ended in Sep. 2023 was $53.21 Mil.

During the past 12 months, Silver Elephant Mining's average Total Assets Growth Rate was 64.20% per year. During the past 3 years, the average Total Assets Growth Rate was 149.40% per year. During the past 5 years, the average Total Assets Growth Rate was 26.80% per year. During the past 10 years, the average Total Assets Growth Rate was -9.10% per year.

During the past 13 years, Silver Elephant Mining's highest 3-Year average Total Assets Growth Rate was 887.70%. The lowest was -78.50%. And the median was 31.00%.

Total Assets is connected with ROA %. Silver Elephant Mining's annualized ROA % for the quarter that ended in Sep. 2023 was -2.42%. Total Assets is also linked to Revenue through Asset Turnover. Silver Elephant Mining's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Silver Elephant Mining Total Assets Historical Data

The historical data trend for Silver Elephant 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 Elephant Mining Total Assets Chart

Silver Elephant Mining Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Assets

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14.39

6.90

20.84

31.10

48.47

Silver Elephant Mining Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															37.35	70.12	64.88	53.40	53.21

Silver Elephant 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 Elephant Mining's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	39.602	+	8.872
	=	48.47

Silver Elephant Mining's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	45.487	+	7.723
	=	53.21

Silver Elephant Mining (OTCPK:SILEF) Total Assets Explanation

Total Assets is connected with ROA %.

Silver Elephant Mining's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-1.292	/	( (53.4	+	53.211)	/ 2 )
	=	-1.292	/	53.3055
	=	-2.42 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Silver Elephant Mining's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (53.4	+	53.211)	/ 2 )
=	0	/	53.3055
=	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 Elephant Mining Total Assets Related Terms

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Silver Elephant Mining (Silver Elephant Mining) Business Description

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

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Traded in Other Exchanges

1P2:Germany 1P2:Germany ELEF:Canada

Address

409 Granville Street, Suite 1610, Vancouver, BC, CAN, V6C 1T2

Website

https://www.silverelef.com

Silver Elephant Mining Corp is a Canada-based mining and exploration company of energy metals. The company is amassing large quantities of silver and nickel-metal resources in the ground. Geographically, it operates in Canada; the USA; Mongolia, and Bolivia. Its projects include Pulacayo; Sunawayo; El Triunfo ; Minago; Triunfo and Gibellini.