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Sasquatch Resources (XCNQ:SASQ) Total Assets : C$0.53 Mil (As of Apr. 2024)


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What is Sasquatch Resources Total Assets?

Sasquatch Resources's Total Assets for the quarter that ended in Apr. 2024 was C$0.53 Mil.

During the past 12 months, Sasquatch Resources's average Total Assets Growth Rate was -40.70% per year.

Total Assets is connected with ROA %. Sasquatch Resources's annualized ROA % for the quarter that ended in Apr. 2024 was -33.66%. Total Assets is also linked to Revenue through Asset Turnover. Sasquatch Resources's Asset Turnover for the quarter that ended in Apr. 2024 was 0.00.


Sasquatch Resources Total Assets Historical Data

The historical data trend for Sasquatch 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.

* Premium members only.

Sasquatch Resources Total Assets Chart

Sasquatch Resources Annual Data
Trend Apr22 Apr23 Apr24
Total Assets
0.65 0.52 0.53

Sasquatch Resources Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.80 0.62 0.59 0.53

Sasquatch 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.

Sasquatch Resources'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 )
=0.502+0.023
=0.53

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

Total Assets=Total Equity (Q: Apr. 2024 )+Total Liabilities (Q: Apr. 2024 )
=0.502+0.023
=0.53

* 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.


Sasquatch Resources  (XCNQ:SASQ) Total Assets Explanation

Total Assets is connected with ROA %.

Sasquatch Resources's annualized ROA % for the quarter that ended in Apr. 2024 is

ROA %=Net Income (Q: Apr. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Apr. 2024 ))/ count )
=-0.188/( (0.591+0.526)/ 2 )
=-0.188/0.5585
=-33.66 %

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

Sasquatch Resources's Asset Turnover for the quarter that ended in Apr. 2024 is

Asset Turnover
=Revenue (Q: Apr. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Apr. 2024 ))/ count )
=0/( (0.591+0.526)/ 2 )
=0/0.5585
=0.00

* 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.

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.

Sasquatch Resources Total Assets Related Terms

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Sasquatch Resources Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7
Sasquatch Resources Corp is a mineral exploration company focused on its Mount Sicker Property in British Columbia, Canada. It engages in the acquisition, exploration, and evaluation of mineral properties.
Executives
Thomas David Lamb Director

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