SMDRF (Sierra Madre Gold And Silver) Total Assets : $34.48 Mil (As of Sep. 2024)

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What is Sierra Madre Gold And Silver Total Assets?

Sierra Madre Gold And Silver's Total Assets for the quarter that ended in Sep. 2024 was $34.48 Mil.

During the past 12 months, Sierra Madre Gold And Silver's average Total Assets Growth Rate was -5.40% per year. During the past 3 years, the average Total Assets Growth Rate was 318.90% per year.

During the past 4 years, Sierra Madre Gold And Silver's highest 3-Year average Total Assets Growth Rate was 318.90%. The lowest was 318.90%. And the median was 318.90%.

Total Assets is connected with ROA %. Sierra Madre Gold And Silver's annualized ROA % for the quarter that ended in Sep. 2024 was -11.07%. Total Assets is also linked to Revenue through Asset Turnover. Sierra Madre Gold And Silver's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Sierra Madre Gold And Silver Total Assets Historical Data

The historical data trend for Sierra Madre Gold And Silver'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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Sierra Madre Gold And Silver Total Assets Chart

Sierra Madre Gold And Silver Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

12.39

8.57

28.11

30.48

Sierra Madre Gold And Silver Quarterly Data
	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														39.67	30.48	30.23	33.93	34.48

Sierra Madre Gold And Silver 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.

Sierra Madre Gold And Silver'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 )
	=	26.702	+	3.776
	=	30.48

Sierra Madre Gold And Silver'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 )
	=	24.862	+	9.617
	=	34.48

Sierra Madre Gold And Silver (OTCPK:SMDRF) Total Assets Explanation

Total Assets is connected with ROA %.

Sierra Madre Gold And Silver'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 )
	=	-3.788	/	( (33.931	+	34.479)	/ 2 )
	=	-3.788	/	34.205
	=	-11.07 %

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.

Sierra Madre Gold And Silver'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 )
=	2.536	/	( (33.931	+	34.479)	/ 2 )
=	2.536	/	34.205
=	0.07

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.

Sierra Madre Gold And Silver Total Assets Related Terms

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Sierra Madre Gold And Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sierra Madre Gold And Silver Ltd (OTCPK:SMDRF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

409:Germany SM:Canada

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.sierramadregoldandsilver.com

Sierra Madre Gold And Silver Ltd is engaged in the business of mineral exploration and development in Canada and Mexico. The company's projects include the La Guitarra project, the Tepic project, and the La Tigra project.