Sabre Gold Mines (TSX:SGLD) Total Assets : C$46.40 Mil (As of Mar. 2024)

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What is Sabre Gold Mines Total Assets?

Sabre Gold Mines's Total Assets for the quarter that ended in Mar. 2024 was C$46.40 Mil.

During the past 12 months, Sabre Gold Mines's average Total Assets Growth Rate was -22.40% per year. During the past 3 years, the average Total Assets Growth Rate was 33.90% per year. During the past 5 years, the average Total Assets Growth Rate was 24.10% per year. During the past 10 years, the average Total Assets Growth Rate was 14.40% per year.

During the past 13 years, Sabre Gold Mines's highest 3-Year average Total Assets Growth Rate was 94.90%. The lowest was -48.30%. And the median was 8.10%.

Total Assets is connected with ROA %. Sabre Gold Mines's annualized ROA % for the quarter that ended in Mar. 2024 was -7.64%. Total Assets is also linked to Revenue through Asset Turnover. Sabre Gold Mines's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Sabre Gold Mines Total Assets Historical Data

The historical data trend for Sabre Gold Mines'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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Sabre Gold Mines Total Assets Chart

Sabre Gold Mines Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Total Assets

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18.47

18.28

31.63

53.66

45.87

Sabre Gold Mines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															59.92	58.84	52.34	45.87	46.40

Sabre Gold Mines 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.

Sabre Gold Mines'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 )
	=	28.511	+	17.362
	=	45.87

Sabre Gold Mines's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	28.358	+	18.046
	=	46.40

Sabre Gold Mines (TSX:SGLD) Total Assets Explanation

Total Assets is connected with ROA %.

Sabre Gold Mines's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-3.524	/	( (45.872	+	46.403)	/ 2 )
	=	-3.524	/	46.1375
	=	-7.64 %

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

Sabre Gold Mines's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (45.872	+	46.403)	/ 2 )
=	0	/	46.1375
=	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.

Sabre Gold Mines Total Assets Related Terms

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Sabre Gold Mines (TSX:SGLD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sabre Gold Mines Corp (TSX:SGLD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SGLDF:USA 7AZ:Germany

Address

200 Burrard Street, Suite 250, Vancouver, BC, CAN, V6C 3L6

Website

https://www.sabre.gold

Sabre Gold Mines Corp is a mineral exploration and development company currently focused on advancing the fully permitted past-producing Copperstone mine and on the past-producing Brewery Creek mine. Its project is situated within the Arizona portion of the Prolific Walker Lane Belt in the Southwestern United States. It operates Gold Mine in La Paz County, Arizona, United States, and the Brewery Creek property in the Yukon, Canada.

Executives

Andrew Elinesky

Director, Senior Officer

Sabre Gold Mines (TSX:SGLD) Headlines

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