Highlander Silver (XCNQ:LIDO) Total Assets : C$2.66 Mil (As of Mar. 2024)

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What is Highlander Silver Total Assets?

Highlander Silver's Total Assets for the quarter that ended in Mar. 2024 was C$2.66 Mil.

During the past 12 months, Highlander Silver's average Total Assets Growth Rate was -85.30% per year. During the past 3 years, the average Total Assets Growth Rate was 5.40% per year. During the past 5 years, the average Total Assets Growth Rate was 322.10% per year.

During the past 6 years, Highlander Silver's highest 3-Year average Total Assets Growth Rate was 1215.00%. The lowest was 5.40%. And the median was 807.40%.

Total Assets is connected with ROA %. Highlander Silver's annualized ROA % for the quarter that ended in Mar. 2024 was -122.56%. Total Assets is also linked to Revenue through Asset Turnover. Highlander Silver's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Highlander Silver Total Assets Historical Data

The historical data trend for Highlander 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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Highlander Silver Total Assets Chart

Highlander Silver Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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0.87

2.54

5.78

5.70

0.52

Highlander Silver 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															5.49	5.24	0.52	2.92	2.66

Highlander 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.

Highlander Silver's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	0.284	+	0.235
	=	0.52

Highlander 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 )
	=	2.55	+	0.114
	=	2.66

Highlander Silver (XCNQ:LIDO) Total Assets Explanation

Total Assets is connected with ROA %.

Highlander 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 )
	=	-3.42	/	( (2.917	+	2.664)	/ 2 )
	=	-3.42	/	2.7905
	=	-122.56 %

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.

Highlander 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	/	( (2.917	+	2.664)	/ 2 )
=	0	/	2.7905
=	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.

Highlander Silver Total Assets Related Terms

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Highlander Silver (XCNQ:LIDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Highlander Silver Corp (XCNQ:LIDO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

9LM:Germany

Address

130 Brew Street, Suite 605, Port Moody, BC, CAN, V3H 0E3

Website

https://highlandersilver.com

Highlander Silver Corp is engaged in the acquisition, exploration, and evaluation of mineral properties located in Peru. The Company's main corporate strategy is to advance its mineral properties to a drill-ready stage and then conduct exploration and evaluation. The company's projects include Alta victoria and Politunche.

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