Skyharbour Resources (TSXV:SYH) Total Assets : C$33.94 Mil (As of Dec. 2023)

View and export this data going back to 1970. Start your Free Trial

What is Skyharbour Resources Total Assets?

Skyharbour Resources's Total Assets for the quarter that ended in Dec. 2023 was C$33.94 Mil.

During the past 12 months, Skyharbour Resources's average Total Assets Growth Rate was 36.30% per year. During the past 3 years, the average Total Assets Growth Rate was 22.10% per year. During the past 5 years, the average Total Assets Growth Rate was 19.20% per year. During the past 10 years, the average Total Assets Growth Rate was 43.60% per year.

During the past 13 years, Skyharbour Resources's highest 3-Year average Total Assets Growth Rate was 184.90%. The lowest was -47.00%. And the median was 24.55%.

Total Assets is connected with ROA %. Skyharbour Resources's annualized ROA % for the quarter that ended in Dec. 2023 was -13.35%. Total Assets is also linked to Revenue through Asset Turnover. Skyharbour Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Skyharbour Resources Total Assets Historical Data

The historical data trend for Skyharbour 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.

Skyharbour Resources Total Assets Chart

Skyharbour Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

11.10

11.14

16.08

23.01

24.59

Skyharbour Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															24.55	24.65	24.59	27.78	33.94

Skyharbour 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.

Skyharbour Resources's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	23.841	+	0.751
	=	24.59

Skyharbour Resources's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	33.656	+	0.282
	=	33.94

Skyharbour Resources (TSXV:SYH) Total Assets Explanation

Total Assets is connected with ROA %.

Skyharbour Resources's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-4.12	/	( (27.784	+	33.938)	/ 2 )
	=	-4.12	/	30.861
	=	-13.35 %

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

Skyharbour Resources's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (27.784	+	33.938)	/ 2 )
=	0	/	30.861
=	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.

Skyharbour Resources Total Assets Related Terms

Thank you for viewing the detailed overview of Skyharbour Resources's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Skyharbour Resources (TSXV:SYH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Skyharbour Resources Ltd (TSXV:SYH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SYHBF:USA SC1P:Germany

Address

777 Dunsmuir Street, Suite 1610, PO Box 10427, Vancouver, BC, CAN, V7Y 1K4

Website

https://www.skyharbourltd.com

Skyharbour Resources Ltd is engaged the acquisition and exploration of mineral property interests, at the present, principally in Saskatchewan, Canada. The company is principally engaged in the acquisition, exploration, and evaluation of resource properties in Saskatchewan, Canada. Its projects include Falcon Point and Yurchison, Moore Lake, Mann Lake, Preston and others.

Executives

Andrew J. Ramcharan

Senior Officer

Skyharbour Resources (TSXV:SYH) Headlines

No Headlines