SILS (Silver Scott Mines) Total Assets: $0.45 Mil (As of Dec. 2024)


What is Silver Scott Mines Total Assets?

Silver Scott Mines SILS -10.85% Total Assets is $0.45 Mil as of Dec. 2024.

Silver Scott Mines's Total Assets for the quarter that ended in Dec. 2024 was $0.45 Mil.

During the past 12 months, Silver Scott Mines's average Total Assets Growth Rate was 0.90% per year.

Total Assets is connected with ROA %. Silver Scott Mines's annualized ROA % for the quarter that ended in Dec. 2024 was -12.09%. Total Assets is also linked to Revenue through Asset Turnover. Silver Scott Mines's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Silver Scott Mines  (OTCPK:SILS) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=-0.055/( (0.457+0.453)/ 2 )
=-0.055/0.455
=-12.09 %

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

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (0.457+0.453)/ 2 )
=0/0.455
=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.

Silver Scott Mines Total Assets Related Terms

Silver Scott Mines Total Assets Historical Data

* Premium members only.

The historical data trend for Silver Scott 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.

Silver Scott Mines Total Assets Chart

Silver Scott Mines Annual Data
Trend Dec23 Dec24
Total Assets
0.46 0.45

Silver Scott Mines Semi-Annual Data
Dec23 Dec24
Total Assets 0.46 0.45

Silver Scott 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 Scott Mines's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=0.335+0.119
=0.45

Silver Scott 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 )
=0.335+0.119
=0.45

* 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 $0.45 Mil mean?
Silver Scott Mines (SILS) has a Total Assets of $0.45 Mil as of Dec. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Silver Scott Mines and its competitors.
Is Silver Scott Mines' Total Assets too high?
Silver Scott Mines' current Total Assets is $0.45 Mil.
How does Silver Scott Mines' Total Assets compare to NMEX and GLNS?
Silver Scott Mines' Total Assets of $0.45 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 Silver Scott Mines and its competitors. Silver Scott Mines's current Total Assets is $0.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silver Scott Mines stock overvalued right now?
Silver Scott Mines (SILS) has a current Total Assets of $0.45 Mil. The current Total Assets is $0.45 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 Silver Scott Mines (SILS), the current Total Assets is $0.45 Mil as of Dec. 2024. 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.

Silver Scott Mines Business Description

Address 4160 N Highway A1A, Unit 701A, Hutchinson Island, FL, USA, 34949
Silver Scott Mines Inc is a holding company currently owning assets in the digital currency, DeFi, and crypto trading spaces. The company has recently shifted its focus to maximizing the value of its assets and evaluating new business opportunities, including potential acquisitions or business combinations with one or more businesses.