Sassy Resources Corporation
Sassy Gold Corp., an exploration stage company, acquires, identifies, explores for, and evaluates of precious metals resources in Canada. It explores for gold, silver, copper, zinc, lead, and uranium deposits. The company was formerly known as Sassy Resources Corporation and changed its name to Sassy Gold Corp. in July 2022. Sassy Gold Corp. was incorporated in 2019 and is based in Vancouver, Can… Read more
Sassy Resources Corporation (SSYRF) - Total Assets
Latest total assets as of March 2025: $13.43 Million USD
Based on the latest financial reports, Sassy Resources Corporation (SSYRF) holds total assets worth $13.43 Million USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Sassy Resources Corporation - Total Assets Trend (2019–2024)
This chart illustrates how Sassy Resources Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sassy Resources Corporation - Asset Composition Analysis
Current Asset Composition (June 2024)
Sassy Resources Corporation's total assets of $13.43 Million consist of 13.9% current assets and 86.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Sassy Resources Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sassy Resources Corporation's current assets represent 13.9% of total assets in 2024, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 100.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Sassy Resources Corporation Competitors by Total Assets
Key competitors of Sassy Resources Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Sassy Resources Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Sassy Resources Corporation generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sassy Resources Corporation is currently not profitable relative to its asset base.
Sassy Resources Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.08 | 3.00 | 0.62 |
| Quick Ratio | 1.08 | 3.00 | 0.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $53.61K | $ 958.08K | $ -71.45K |
Sassy Resources Corporation - Advanced Valuation Insights
This section examines the relationship between Sassy Resources Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.07 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -48.5% |
| Total Assets | $14.49 Million |
| Market Capitalization | $88.18K USD |
Valuation Analysis
Below Book Valuation: The market values Sassy Resources Corporation's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sassy Resources Corporation's assets decreased by 48.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sassy Resources Corporation (2019–2024)
The table below shows the annual total assets of Sassy Resources Corporation from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $14.49 Million | -48.52% |
| 2023-06-30 | $28.15 Million | +11.95% |
| 2022-06-30 | $25.15 Million | +40.65% |
| 2021-06-30 | $17.88 Million | +377.56% |
| 2020-06-30 | $3.74 Million | +374405200.00% |
| 2019-06-30 | $1.00 | -- |