Scandium Canada (TSXV:SCD) Total Assets : C$12.96 Mil (As of Feb. 2024)

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What is Scandium Canada Total Assets?

Scandium Canada's Total Assets for the quarter that ended in Feb. 2024 was C$12.96 Mil.

During the past 12 months, Scandium Canada's average Total Assets Growth Rate was -0.60% per year. During the past 3 years, the average Total Assets Growth Rate was 19.20% per year. During the past 5 years, the average Total Assets Growth Rate was 22.70% per year.

During the past 6 years, Scandium Canada's highest 3-Year average Total Assets Growth Rate was 23.50%. The lowest was 19.20%. And the median was 21.80%.

Total Assets is connected with ROA %. Scandium Canada's annualized ROA % for the quarter that ended in Feb. 2024 was -14.53%. Total Assets is also linked to Revenue through Asset Turnover. Scandium Canada's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.

Scandium Canada Total Assets Historical Data

The historical data trend for Scandium Canada'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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Scandium Canada Total Assets Chart

Scandium Canada Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

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5.61

7.27

7.71

12.42

12.90

Scandium Canada Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial															12.08	11.88	12.90	12.47	12.96

Scandium Canada 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.

Scandium Canada's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	12.406	+	0.495
	=	12.90

Scandium Canada's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	12.22	+	0.734
	=	12.95

Scandium Canada (TSXV:SCD) Total Assets Explanation

Total Assets is connected with ROA %.

Scandium Canada's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	-1.848	/	( (12.474	+	12.955)	/ 2 )
	=	-1.848	/	12.7145
	=	-14.53 %

Note: The Net Income data used here is four times the quarterly (Feb. 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.

Scandium Canada's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	0	/	( (12.474	+	12.955)	/ 2 )
=	0	/	12.7145
=	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.

Scandium Canada Total Assets Related Terms

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Scandium Canada (TSXV:SCD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Scandium Canada Ltd (TSXV:SCD) » Definitions » Total Assets

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Address

410 Saint-Nicolas Street, Suite 236, Montreal, QC, CAN, H2Y 2P5

Website

https://www.imperialmgp.com

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