Stroud Resources (TSXV:SDR) Total Assets : C$0.31 Mil (As of Mar. 2024)

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What is Stroud Resources Total Assets?

Stroud Resources's Total Assets for the quarter that ended in Mar. 2024 was C$0.31 Mil.

During the past 12 months, Stroud Resources's average Total Assets Growth Rate was 46.20% per year. During the past 3 years, the average Total Assets Growth Rate was -39.90% per year. During the past 5 years, the average Total Assets Growth Rate was 37.50% per year.

During the past 13 years, Stroud Resources's highest 3-Year average Total Assets Growth Rate was 368.80%. The lowest was -88.60%. And the median was 3.50%.

Total Assets is connected with ROA %. Stroud Resources's annualized ROA % for the quarter that ended in Mar. 2024 was -75.00%. Total Assets is also linked to Revenue through Asset Turnover. Stroud Resources's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Stroud Resources Total Assets Historical Data

The historical data trend for Stroud Resources'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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Stroud Resources Total Assets Chart

Stroud Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1.39

4.39

1.20

0.08

0.36

Stroud Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															0.04	0.55	0.44	0.36	0.31

Stroud Resources 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.

Stroud Resources'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 )
	=	0.253	+	0.109
	=	0.36

Stroud Resources's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	0.19	+	0.12
	=	0.31

Stroud Resources (TSXV:SDR) Total Assets Explanation

Total Assets is connected with ROA %.

Stroud Resources's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-0.252	/	( (0.362	+	0.31)	/ 2 )
	=	-0.252	/	0.336
	=	-75.00 %

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

Stroud Resources's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0.007	/	( (0.362	+	0.31)	/ 2 )
=	0.007	/	0.336
=	0.02

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.

Stroud Resources Total Assets Related Terms

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Stroud Resources (TSXV:SDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Stroud Resources Ltd (TSXV:SDR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SDURF:USA 3X21:Germany

Address

1090 Don Mills Road, Suite 404, Toronto, ON, CAN, M3C 5R6

Website

https://www.stroudsilver.com

Stroud Resources Ltd is a mineral exploration company with an exploration portfolio in Canada and Mexico. The company holds its interest in its Mexican properties through its wholly owned subsidiary, which holds prospecting and exploration permits for the properties. It operates in two segments: Mineral exploration and Oil & gas exploration and development. Some of its projects are Santo Domingo, Hislop, Leckie, and other Oil and Gas Interests.

Executives

Thomas Smeenk

Senior Officer

Stroud Resources (TSXV:SDR) Headlines

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