Silver Star Energy (Silver Star Energy) Total Assets : $1.81 Mil (As of Sep. 2007)

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What is Silver Star Energy Total Assets?

Silver Star Energy's Total Assets for the quarter that ended in Sep. 2007 was $1.81 Mil.

Total Assets is connected with ROA %. Silver Star Energy's annualized ROA % for the quarter that ended in Sep. 2007 was -37.56%. Total Assets is also linked to Revenue through Asset Turnover. Silver Star Energy's Asset Turnover for the quarter that ended in Sep. 2007 was 0.03.

Silver Star Energy Total Assets Historical Data

The historical data trend for Silver Star Energy'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 Star Energy Total Assets Chart

Silver Star Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Total Assets

0.95

3.21

6.36

5.00

Silver Star Energy Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Total Assets	Get a 7-Day Free Trial														5.40	5.00	4.74	2.02	1.81

Silver Star Energy 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 Star Energy's Total Assets for the fiscal year that ended in Dec. 2006 is calculated as

Total Assets	=	Total Equity (A: Dec. 2006 )	+	Total Liabilities (A: Dec. 2006 )
	=	0.305	+	4.69
	=	5.00

Silver Star Energy's Total Assets for the quarter that ended in Sep. 2007 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2007 )	+	Total Liabilities (Q: Sep. 2007 )
	=	1.808	+	0.005
	=	1.81

Silver Star Energy (OTCPK:SVSE) Total Assets Explanation

Total Assets is connected with ROA %.

Silver Star Energy's annualized ROA % for the quarter that ended in Sep. 2007 is

ROA %	=	Net Income (Q: Sep. 2007 )	/	( (Total Assets (Q: Jun. 2007 )	+	Total Assets (Q: Sep. 2007 ))	/ count )
	=	-0.72	/	( (2.021	+	1.813)	/ 2 )
	=	-0.72	/	1.917
	=	-37.56 %

Note: The Net Income data used here is four times the quarterly (Sep. 2007) 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 Star Energy's Asset Turnover for the quarter that ended in Sep. 2007 is

	Asset Turnover
=	Revenue (Q: Sep. 2007 )	/	( (Total Assets (Q: Jun. 2007 )	+	Total Assets (Q: Sep. 2007 ))	/ count )
=	0.051	/	( (2.021	+	1.813)	/ 2 )
=	0.051	/	1.917
=	0.03

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 Star Energy Total Assets Related Terms

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Silver Star Energy (Silver Star Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Silver Star Energy Inc (OTCPK:SVSE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212

Website

Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.

Executives

Scott Marshall	10 percent owner	2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson	director	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh	director, officer: President	504 THRASHER STREET, NORCROSS GA 30071

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