Silver Hammer Mining (XCNQ:HAMR) Total Assets : C$9.06 Mil (As of Dec. 2023)

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What is Silver Hammer Mining Total Assets?

Silver Hammer Mining's Total Assets for the quarter that ended in Dec. 2023 was C$9.06 Mil.

During the past 12 months, Silver Hammer Mining's average Total Assets Growth Rate was 10.40% per year. During the past 3 years, the average Total Assets Growth Rate was 320.90% per year.

During the past 4 years, Silver Hammer Mining's highest 3-Year average Total Assets Growth Rate was 320.90%. The lowest was 320.90%. And the median was 320.90%.

Total Assets is connected with ROA %. Silver Hammer Mining's annualized ROA % for the quarter that ended in Dec. 2023 was -13.07%. Total Assets is also linked to Revenue through Asset Turnover. Silver Hammer Mining's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Silver Hammer Mining Total Assets Historical Data

The historical data trend for Silver Hammer 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.

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Silver Hammer Mining Total Assets Chart

Silver Hammer Mining Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Total Assets

0.17

7.89

9.35

9.43

Silver Hammer Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial										9.35	8.81	8.34	9.43	9.06

Silver Hammer 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.

Silver Hammer Mining's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	8.906	+	0.524
	=	9.43

Silver Hammer Mining's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	8.53	+	0.528
	=	9.06

Silver Hammer Mining (XCNQ:HAMR) Total Assets Explanation

Total Assets is connected with ROA %.

Silver Hammer Mining's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1.208	/	( (9.431	+	9.058)	/ 2 )
	=	-1.208	/	9.2445
	=	-13.07 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Silver Hammer Mining's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (9.431	+	9.058)	/ 2 )
=	0	/	9.2445
=	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.

Silver Hammer Mining Total Assets Related Terms

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Silver Hammer Mining (XCNQ:HAMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Hammer Mining Corp (XCNQ:HAMR) » Definitions » Total Assets

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Traded in Other Exchanges

HAMRF:USA

Address

595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5

Website

https://www.silverhammermining.com

Silver Hammer Mining Corp is engaged in the business of exploration of mineral properties in Canada. Its principal property is the Lacy Property. Its projects include the Silver Strand project, the Eliza silver project, the Silverton silver mine project, and the Lacy project.

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