Silvernds Resources (XCNQ:SAND) Total Assets : C$0.05 Mil (As of Apr. 2025)

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What is Silvernds Resources Total Assets?

Silvernds Resources's Total Assets for the quarter that ended in Apr. 2025 was C$0.05 Mil.

During the past 12 months, Silvernds Resources's average Total Assets Growth Rate was 23.50% per year. During the past 3 years, the average Total Assets Growth Rate was -84.50% per year. During the past 5 years, the average Total Assets Growth Rate was -54.10% per year.

During the past 7 years, Silvernds Resources's highest 3-Year average Total Assets Growth Rate was 258.90%. The lowest was -84.50%. And the median was -9.10%.

Total Assets is connected with ROA %. Silvernds Resources's annualized ROA % for the quarter that ended in Apr. 2025 was -329.41%. Total Assets is also linked to Revenue through Asset Turnover. Silvernds Resources's Asset Turnover for the quarter that ended in Apr. 2025 was 0.00.

Silvernds Resources Total Assets Historical Data

The historical data trend for Silvernds 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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Silvernds Resources Total Assets Chart

Silvernds Resources Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Total Assets

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5.53

5.39

1.01

0.14

0.07

Silvernds Resources Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
Total Assets	Get a 7-Day Free Trial															0.25	0.15	0.10	0.07	0.05

Silvernds 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.

Silvernds Resources's Total Assets for the fiscal year that ended in Jan. 2025 is calculated as

Total Assets	=	Total Equity (A: Jan. 2025 )	+	Total Liabilities (A: Jan. 2025 )
	=	-0.032	+	0.105
	=	0.07

Silvernds Resources's Total Assets for the quarter that ended in Apr. 2025 is calculated as

Total Assets	=	Total Equity (Q: Apr. 2025 )	+	Total Liabilities (Q: Apr. 2025 )
	=	-0.081	+	0.126
	=	0.05

Silvernds Resources (XCNQ:SAND) Total Assets Explanation

Total Assets is connected with ROA %.

Silvernds Resources's annualized ROA % for the quarter that ended in Apr. 2025 is

ROA %	=	Net Income (Q: Apr. 2025 )	/	( (Total Assets (Q: Jan. 2025 )	+	Total Assets (Q: Apr. 2025 ))	/ count )
	=	-0.196	/	( (0.074	+	0.045)	/ 2 )
	=	-0.196	/	0.0595
	=	-329.41 %

Note: The Net Income data used here is four times the quarterly (Apr. 2025) 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.

Silvernds Resources's Asset Turnover for the quarter that ended in Apr. 2025 is

	Asset Turnover
=	Revenue (Q: Apr. 2025 )	/	( (Total Assets (Q: Jan. 2025 )	+	Total Assets (Q: Apr. 2025 ))	/ count )
=	0	/	( (0.074	+	0.045)	/ 2 )
=	0	/	0.0595
=	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.

Silvernds Resources Total Assets Related Terms

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Silvernds Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SSRSF:USA

Address

1100 Melville Street, Suite 830, Vancouver, BC, CAN, V6E 4A6

Website

https://www.silversandscorp.com

Silver Sands Resources Corp is a mining company. The Company's business activities include the acquisition and exploration of mineral property assets. The Virginia silver project is located in the southern region of Argentina known as Patagonia, in the mining-friendly and resource-rich province of Santa Cruz. The company's other projects include The Detour project is located in the Detour Greenstone Belt; and its Maple Bay property.

Executives

Richard Macey

Director