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Sailfish Royalty (TSXV:FISH) Total Assets : C$56.53 Mil (As of Mar. 2024)


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What is Sailfish Royalty Total Assets?

Sailfish Royalty's Total Assets for the quarter that ended in Mar. 2024 was C$56.53 Mil.

During the past 12 months, Sailfish Royalty's average Total Assets Growth Rate was -3.70% per year. During the past 3 years, the average Total Assets Growth Rate was -5.20% per year. During the past 5 years, the average Total Assets Growth Rate was 8.40% per year.

During the past 8 years, Sailfish Royalty's highest 3-Year average Total Assets Growth Rate was 251.20%. The lowest was -5.60%. And the median was 28.20%.

Total Assets is connected with ROA %. Sailfish Royalty's annualized ROA % for the quarter that ended in Mar. 2024 was 1.40%. Total Assets is also linked to Revenue through Asset Turnover. Sailfish Royalty's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.


Sailfish Royalty Total Assets Historical Data

The historical data trend for Sailfish Royalty'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.

Sailfish Royalty Total Assets Chart

Sailfish Royalty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 66.24 65.35 62.01 57.69 57.41

Sailfish Royalty Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.69 56.62 57.89 57.41 56.53

Sailfish Royalty 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.

Sailfish Royalty'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 )
=50.205+7.207
=57.41

Sailfish Royalty'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 )
=49.521+7.008
=56.53

* 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.


Sailfish Royalty  (TSXV:FISH) Total Assets Explanation

Total Assets is connected with ROA %.

Sailfish Royalty'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 )
=0.8/( (57.412+56.528)/ 2 )
=0.8/56.97
=1.40 %

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.

Sailfish Royalty'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 )
=0.485/( (57.412+56.528)/ 2 )
=0.485/56.97
=0.01

* 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.

Sailfish Royalty Total Assets Related Terms

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Sailfish Royalty (TSXV:FISH) Business Description

Traded in Other Exchanges
Address
Sea Meadow House, PO Box 116, Tortola, Road Town, VGB, VG1110
Sailfish Royalty Corp is engaged in the acquisition of royalty and streaming agreements. The company's portfolio has two main assets on stage projects in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold project and a 2% NSR on the rest of the area surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the Spring Valley gold project in Pershing County, Nevada.
Executives
Asheef Lalani Director

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