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SXNTF (Sixty North Gold Mining) Total Assets : $6.24 Mil (As of Jan. 2025)


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What is Sixty North Gold Mining Total Assets?

Sixty North Gold Mining's Total Assets for the quarter that ended in Jan. 2025 was $6.24 Mil.

During the past 12 months, Sixty North Gold Mining's average Total Assets Growth Rate was 9.90% per year. During the past 3 years, the average Total Assets Growth Rate was 19.40% per year. During the past 5 years, the average Total Assets Growth Rate was 29.70% per year.

During the past 8 years, Sixty North Gold Mining's highest 3-Year average Total Assets Growth Rate was 48.70%. The lowest was 19.40%. And the median was 33.10%.

Total Assets is connected with ROA %. Sixty North Gold Mining's annualized ROA % for the quarter that ended in Jan. 2025 was -2.94%. Total Assets is also linked to Revenue through Asset Turnover. Sixty North Gold Mining's Asset Turnover for the quarter that ended in Jan. 2025 was 0.00.

Sixty North Gold Mining Total Assets Historical Data

The historical data trend for Sixty North Gold 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.

Sixty North Gold Mining Total Assets Chart

Sixty North Gold Mining Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Total Assets
Get a 7-Day Free Trial 2.96 5.10 6.37 6.00 6.54

Sixty North Gold Mining Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 6.10 6.04 6.51 6.54 6.24

Sixty North Gold 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.

Sixty North Gold Mining's Total Assets for the fiscal year that ended in Oct. 2024 is calculated as

Total Assets=Total Equity (A: Oct. 2024 )+Total Liabilities (A: Oct. 2024 )
=6.241+0.303
=6.54

Sixty North Gold Mining's Total Assets for the quarter that ended in Jan. 2025 is calculated as

Total Assets=Total Equity (Q: Jan. 2025 )+Total Liabilities (Q: Jan. 2025 )
=5.92+0.322
=6.24

* 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.

Sixty North Gold Mining  (OTCPK:SXNTF) Total Assets Explanation

Total Assets is connected with ROA %.

Sixty North Gold Mining's annualized ROA % for the quarter that ended in Jan. 2025 is

ROA %=Net Income (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=-0.188/( (6.544+6.242)/ 2 )
=-0.188/6.393
=-2.94 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) 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.

Sixty North Gold Mining's Asset Turnover for the quarter that ended in Jan. 2025 is

Asset Turnover
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=0/( (6.544+6.242)/ 2 )
=0/6.393
=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.

Sixty North Gold Mining Total Assets Related Terms

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Sixty North Gold Mining Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sixty North Gold Mining Ltd (OTCPK:SXNTF) » Definitions » Total Assets
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Traded in Other Exchanges
2F40:Germany SXTY:Canada
Address
6120 - 185A Street, Surrey, BC, CAN, V3S 7P9
Website
https://www.sixtynorthgold.com
Sixty North Gold Mining Ltd is engaged in the acquisition and exploration of mineral property assets. The company entered into a mineral property earn-in agreement with New Discovery Mines. The projects of the company include development and exploration of the Mon Gold Property.