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Siren Gold (ASX:SNG) Total Assets : A$18.26 Mil (As of Jun. 2023)


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What is Siren Gold Total Assets?

Siren Gold's Total Assets for the quarter that ended in Jun. 2023 was A$18.26 Mil.

During the past 12 months, Siren Gold's average Total Assets Growth Rate was 11.60% per year. During the past 3 years, the average Total Assets Growth Rate was 97.90% per year.

During the past 4 years, Siren Gold's highest 3-Year average Total Assets Growth Rate was 97.90%. The lowest was 97.90%. And the median was 97.90%.

Total Assets is connected with ROA %. Siren Gold's annualized ROA % for the quarter that ended in Jun. 2023 was -10.93%. Total Assets is also linked to Revenue through Asset Turnover. Siren Gold's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Siren Gold Total Assets Historical Data

The historical data trend for Siren Gold'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.

Siren Gold Total Assets Chart

Siren Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
11.18 14.28 16.83 19.26

Siren Gold Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 14.28 14.64 16.83 18.26 19.26

Siren Gold 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.

Siren Gold's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=18.771+0.492
=19.26

Siren Gold's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=17.724+0.532
=18.26

* 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.

Siren Gold  (ASX:SNG) Total Assets Explanation

Total Assets is connected with ROA %.

Siren Gold's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=-1.918/( (16.833+18.255)/ 2 )
=-1.918/17.544
=-10.93 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Siren Gold's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (16.833+18.255)/ 2 )
=0/17.544
=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.

Siren Gold Total Assets Related Terms

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Siren Gold (ASX:SNG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Siren Gold Ltd (ASX:SNG) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
295 Rokeby Road, Suite 1, Subiaco, Perth, WA, AUS, 6008
Website
https://www.sirengold.com.au
Siren Gold Ltd is engaged in the exploration and development of gold properties in New Zealand. The company holds Big River, Reefton gold, Alexander River, Reefton South, Auld creek, Cumberland, and other projects in its portfolio.

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