Hercules Silver (TSXV:BIG) Total Assets : C$26.29 Mil (As of Mar. 2024)

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What is Hercules Silver Total Assets?

Hercules Silver's Total Assets for the quarter that ended in Mar. 2024 was C$26.29 Mil.

During the past 12 months, Hercules Silver's average Total Assets Growth Rate was 1051.10% per year. During the past 3 years, the average Total Assets Growth Rate was 26.80% per year.

During the past 5 years, Hercules Silver's highest 3-Year average Total Assets Growth Rate was 26.80%. The lowest was 26.80%. And the median was 26.80%.

Total Assets is connected with ROA %. Hercules Silver's annualized ROA % for the quarter that ended in Mar. 2024 was -16.13%. Total Assets is also linked to Revenue through Asset Turnover. Hercules Silver's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Hercules Silver Total Assets Historical Data

The historical data trend for Hercules Silver'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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Hercules Silver Total Assets Chart

Hercules Silver Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

0.27

1.32

1.88

1.98

25.85

Hercules Silver Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial												1.98	2.50	3.70	25.85	26.29

Hercules Silver 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.

Hercules Silver'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 )
	=	25.345	+	0.505
	=	25.85

Hercules Silver'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 )
	=	25.398	+	0.892
	=	26.29

Hercules Silver (TSXV:BIG) Total Assets Explanation

Total Assets is connected with ROA %.

Hercules Silver'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 )
	=	-4.204	/	( (25.85	+	26.29)	/ 2 )
	=	-4.204	/	26.07
	=	-16.13 %

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.

Hercules Silver'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	/	( (25.85	+	26.29)	/ 2 )
=	0	/	26.07
=	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.

Hercules Silver Total Assets Related Terms

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Hercules Silver (TSXV:BIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hercules Silver Corp (TSXV:BIG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

BADEF:USA 8Q7:Germany

Address

100 King Street West, Suite 1600, 1 First Canadian Place, Toronto, ON, CAN, M5X 1G5

Website

https://www.herculessilver.com

Hercules Silver Corp is a junior mining company focused on the exploration and development of the Hercules Silver Project, northwest of Cambridge, Idaho. The company is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules with over 28,000 meters of historical drilling and a newly discovered copper porphyry target which adds scale and discovery potential to the system.

Executives

Kelly James Malcolm

Director