Summa Silver Corp
Summa Silver Corp., a mineral exploration company, engages in the acquisition, exploration, development, and exploitation of natural resource properties in the United States. The company explores for gold and silver deposits. It holds a 100% interest in the Hughes property located in central Nevada. In addition, the company has 100% interest in the Mogollon Property located in New Mexico; and 100… Read more
Summa Silver Corp (SSVRF) - Total Assets
Latest total assets as of May 2025: $48.40 Million USD
Based on the latest financial reports, Summa Silver Corp (SSVRF) holds total assets worth $48.40 Million USD as of May 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.
Summa Silver Corp - Total Assets Trend (2018–2024)
This chart illustrates how Summa Silver Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Summa Silver Corp - Asset Composition Analysis
Current Asset Composition (August 2024)
Summa Silver Corp's total assets of $48.40 Million consist of 3.1% current assets and 96.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| Accounts Receivable | $13.20K | 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 (2018–2024)
This chart illustrates how Summa Silver Corp'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: Summa Silver Corp's current assets represent 3.1% of total assets in 2024, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2024, down from 100.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.
Summa Silver Corp Competitors by Total Assets
Key competitors of Summa Silver Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Summa Silver Corp - 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 - Summa Silver Corp 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 - Summa Silver Corp is currently not profitable relative to its asset base.
Summa Silver Corp - 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 | 3.03 | 14.40 | 12.74 |
| Quick Ratio | 3.03 | 14.40 | 12.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $655.91K | $ 2.27 Million | $ 9.87 Million |
Summa Silver Corp - Advanced Valuation Insights
This section examines the relationship between Summa Silver Corp'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 | 1.09 |
| Latest Market Cap to Assets Ratio | 0.51 |
| Asset Growth Rate (YoY) | 4.1% |
| Total Assets | $43.85 Million |
| Market Capitalization | $22.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Summa Silver Corp's assets below their book value (0.51 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Summa Silver Corp's assets grew by 4.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Summa Silver Corp (2018–2024)
The table below shows the annual total assets of Summa Silver Corp from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-08-31 | $43.85 Million | +4.09% |
| 2023-08-31 | $42.13 Million | +33.33% |
| 2022-08-31 | $31.60 Million | +47.16% |
| 2021-08-31 | $21.47 Million | +49.27% |
| 2020-08-31 | $14.38 Million | +4337.50% |
| 2019-08-31 | $324.15K | +326.48% |
| 2018-08-31 | $76.01K | -- |