SUNPF (Sun Peak Metals) Total Assets : $6.73 Mil (As of Sep. 2024)

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What is Sun Peak Metals Total Assets?

Sun Peak Metals's Total Assets for the quarter that ended in Sep. 2024 was $6.73 Mil.

During the past 12 months, Sun Peak Metals's average Total Assets Growth Rate was 63.20% per year. During the past 3 years, the average Total Assets Growth Rate was 5.20% per year.

During the past 5 years, Sun Peak Metals's highest 3-Year average Total Assets Growth Rate was 52.60%. The lowest was 5.20%. And the median was 28.90%.

Total Assets is connected with ROA %. Sun Peak Metals's annualized ROA % for the quarter that ended in Sep. 2024 was -17.69%. Total Assets is also linked to Revenue through Asset Turnover. Sun Peak Metals's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Sun Peak Metals Total Assets Historical Data

The historical data trend for Sun Peak Metals'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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Sun Peak Metals Total Assets Chart

Sun Peak Metals Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

11.69

10.24

10.05

8.61

7.77

Sun Peak Metals Quarterly Data
	Dec19	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															7.82	7.77	7.42	6.97	6.73

Sun Peak Metals 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.

Sun Peak Metals'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 )
	=	7.724	+	0.046
	=	7.77

Sun Peak Metals'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 )
	=	6.708	+	0.024
	=	6.73

Sun Peak Metals (OTCPK:SUNPF) Total Assets Explanation

Total Assets is connected with ROA %.

Sun Peak Metals'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 )
	=	-1.212	/	( (6.969	+	6.733)	/ 2 )
	=	-1.212	/	6.851
	=	-17.69 %

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.

Sun Peak Metals'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 )
=	0	/	( (6.969	+	6.733)	/ 2 )
=	0	/	6.851
=	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.

Sun Peak Metals Total Assets Related Terms

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Sun Peak Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sun Peak Metals Corp (OTCPK:SUNPF) » Definitions » Total Assets

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Traded in Other Exchanges

PEAK:Canada

Address

Unit 1 - 15782 Marine Drive, White Rock, BC, CAN, V4B 1E6

Website

https://www.sunpeakmetals.com

Sun Peak Metals Corp is engaged in the acquisition, exploration, and development of resource properties for the mining of precious or base metals. It is focused on the exploration and discovery of gold and copper targets on the Shire Project in Ethiopia. The Company operates in a single segment, being mineral exploration and evaluation.