Southern Silver Exploration (TSXV:SSV) Total Assets : C$37.33 Mil (As of Oct. 2024)

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What is Southern Silver Exploration Total Assets?

Southern Silver Exploration's Total Assets for the quarter that ended in Oct. 2024 was C$37.33 Mil.

During the past 3 years, the average Total Assets Growth Rate was 1.20% per year. During the past 5 years, the average Total Assets Growth Rate was 57.50% per year. During the past 10 years, the average Total Assets Growth Rate was 42.20% per year.

During the past 13 years, Southern Silver Exploration's highest 3-Year average Total Assets Growth Rate was 831.50%. The lowest was -35.00%. And the median was 26.10%.

Total Assets is connected with ROA %. Southern Silver Exploration's annualized ROA % for the quarter that ended in Oct. 2024 was -24.67%. Total Assets is also linked to Revenue through Asset Turnover. Southern Silver Exploration's Asset Turnover for the quarter that ended in Oct. 2024 was 0.00.

Southern Silver Exploration Total Assets Historical Data

The historical data trend for Southern Silver Exploration'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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Southern Silver Exploration Total Assets Chart

Southern Silver Exploration Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Total Assets

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8.65

41.32

45.70

39.21

35.52

Southern Silver Exploration Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Total Assets	Get a 7-Day Free Trial															37.53	36.54	35.52	37.81	37.33

Southern Silver Exploration 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.

Southern Silver Exploration's Total Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Assets	=	Total Equity (A: Apr. 2024 )	+	Total Liabilities (A: Apr. 2024 )
	=	35.027	+	0.491
	=	35.52

Southern Silver Exploration's Total Assets for the quarter that ended in Oct. 2024 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2024 )	+	Total Liabilities (Q: Oct. 2024 )
	=	36.921	+	0.407
	=	37.33

Southern Silver Exploration (TSXV:SSV) Total Assets Explanation

Total Assets is connected with ROA %.

Southern Silver Exploration's annualized ROA % for the quarter that ended in Oct. 2024 is

ROA %	=	Net Income (Q: Oct. 2024 )	/	( (Total Assets (Q: Jul. 2024 )	+	Total Assets (Q: Oct. 2024 ))	/ count )
	=	-9.268	/	( (37.808	+	37.328)	/ 2 )
	=	-9.268	/	37.568
	=	-24.67 %

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

Southern Silver Exploration's Asset Turnover for the quarter that ended in Oct. 2024 is

	Asset Turnover
=	Revenue (Q: Oct. 2024 )	/	( (Total Assets (Q: Jul. 2024 )	+	Total Assets (Q: Oct. 2024 ))	/ count )
=	0	/	( (37.808	+	37.328)	/ 2 )
=	0	/	37.568
=	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.

Southern Silver Exploration Total Assets Related Terms

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Southern Silver Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Silver Exploration Corp (TSXV:SSV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SSVFF:USA SEG1:Germany SEG1:Germany

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.southernsilverexploration.com

Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas, El Sol, Hermanas, and Oro. It has a single operating segment acquisition and exploration of mineral properties.

Executives

Lawrence Peter Page	Director, Senior Officer
Robert William John Macdonald	Senior Officer
Donald Richard Head	Director
David Roger Scammell	Director
Larry James Buchanan	Director
Eugene Spiering	Director
Graham Henry Thatcher	Senior Officer
Peter Cheesbrough	Director

Southern Silver Exploration Headlines

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