Steppe Gold (TSX:STGO) Total Assets : C$501.7 Mil (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Steppe Gold Total Assets?

Steppe Gold's Total Assets for the quarter that ended in Dec. 2024 was C$501.7 Mil.

During the past 12 months, Steppe Gold's average Total Assets Growth Rate was -5.00% per year. During the past 3 years, the average Total Assets Growth Rate was 17.60% per year. During the past 5 years, the average Total Assets Growth Rate was 35.10% per year.

During the past 9 years, Steppe Gold's highest 3-Year average Total Assets Growth Rate was 1102.20%. The lowest was 10.90%. And the median was 47.35%.

Total Assets is connected with ROA %. Steppe Gold's annualized ROA % for the quarter that ended in Dec. 2024 was 22.84%. Total Assets is also linked to Revenue through Asset Turnover. Steppe Gold's Asset Turnover for the quarter that ended in Dec. 2024 was 0.14.

Steppe Gold Total Assets Historical Data

The historical data trend for Steppe 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.

Steppe Gold Total Assets Chart

Steppe Gold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

Get a 7-Day Free Trial

109.75

187.23

98.71

331.77

501.70

Steppe Gold Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															331.77	181.81	183.95	417.41	501.70

Steppe 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.

Steppe 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 )
	=	156.81	+	344.89
	=	501.7

Steppe 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 )
	=	156.81	+	344.89
	=	501.7

Steppe Gold (TSX:STGO) Total Assets Explanation

Total Assets is connected with ROA %.

Steppe 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 )
	=	104.96	/	( (417.413	+	501.7)	/ 2 )
	=	104.96	/	459.5565
	=	22.84 %

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.

Steppe 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 )
=	65.851	/	( (417.413	+	501.7)	/ 2 )
=	65.851	/	459.5565
=	0.14

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.

Steppe Gold Total Assets Related Terms

Thank you for viewing the detailed overview of Steppe Gold's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Steppe Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Steppe Gold Ltd (TSX:STGO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

STPGF:USA 2J9:Germany

Address

Olympic Street 19A, Shangri-La Office, Suite 1201, Sukhbaatar District 1, Ulaanbaatar, MNG, 14241

Website

https://www.steppegold.com

Steppe Gold Ltd is engaged in operating, developing, exploring, and acquiring precious metal projects in Mongolia. The company's commercially producing mine is the Altan Tsagaan Ovoo Property (the ATO Project, or ATO Gold Mine), located in Eastern Mongolia. In addition, it owns the Boroo and Ulaanbulag mines (together as the Boroo Project), and holds interest rights in the Uudam Khundii (UK) project in Mongolia. The company derives its revenue from the sale of gold and silver to banks in Mongolia at London Metal Exchange-based spot rates. A majority of its revenue is generated from the sale of gold.

Executives

Jeremy Thomas South	Senior Officer
Aneel Singh Waraich	Director, Senior Officer
Bataa Tumur-ochir	Director, Senior Officer
2176423 Ontario Ltd.	10% Security Holder
Eric Sprott	10% Security Holder
Paul Elliott Singer	10% Security Holder
Lim Asia Special Situations Master Fund Limited	10% Security Holder
Patrick Michaels	Director
Lewis Marks	Director

Steppe Gold Headlines

No Headlines