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SNWGF (Snowline Gold) Total Assets : $48.48 Mil (As of Dec. 2024)


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What is Snowline Gold Total Assets?

Snowline Gold's Total Assets for the quarter that ended in Dec. 2024 was $48.48 Mil.

During the past 12 months, Snowline Gold's average Total Assets Growth Rate was 89.10% per year. During the past 3 years, the average Total Assets Growth Rate was 61.00% per year. During the past 5 years, the average Total Assets Growth Rate was 296.20% per year.

During the past 7 years, Snowline Gold's highest 3-Year average Total Assets Growth Rate was 666.50%. The lowest was 61.00%. And the median was 356.05%.

Total Assets is connected with ROA %. Snowline Gold's annualized ROA % for the quarter that ended in Dec. 2024 was -26.57%. Total Assets is also linked to Revenue through Asset Turnover. Snowline Gold's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Snowline Gold Total Assets Historical Data

The historical data trend for Snowline Gold'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.

Snowline Gold Total Assets Chart

Snowline Gold Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 0.09 7.97 23.54 36.75 48.48

Snowline Gold Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 36.75 44.63 67.44 56.06 48.48

Snowline Gold 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.

Snowline Gold'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 )
=40.358+8.117
=48.48

Snowline Gold'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 )
=40.358+8.117
=48.48

* 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.

Snowline Gold  (OTCPK:SNWGF) Total Assets Explanation

Total Assets is connected with ROA %.

Snowline Gold'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 )
=-13.888/( (56.055+48.475)/ 2 )
=-13.888/52.265
=-26.57 %

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.

Snowline Gold'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/( (56.055+48.475)/ 2 )
=0/52.265
=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.

Snowline Gold Total Assets Related Terms

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Snowline Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Snowline Gold Corp (OTCPK:SNWGF) » Definitions » Total Assets
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Traded in Other Exchanges
SGD:Canada
Address
No.1012 - 1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
Website
https://www.snowlinegold.com
Snowline Gold Corp is a gold exploration company. The company is exploring its Einarson and Rogue gold projects in Selwyn Basin. All projects of the company lie in the prolific Tintina gold province that hosts gold mines and deposits from Kinross' Fort Knox to Goldcorp's Coffee. The Company operates in a single reportable operating segment, being the exploration and development of mineral properties.