Helios Fairfax Partners (Helios Fairfax Partners) Total Assets : $488.33 Mil (As of Dec. 2023)

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What is Helios Fairfax Partners Total Assets?

Helios Fairfax Partners's Total Assets for the quarter that ended in Dec. 2023 was $488.33 Mil.

During the past 12 months, Helios Fairfax Partners's average Total Assets Growth Rate was -25.60% per year. During the past 3 years, the average Total Assets Growth Rate was -10.40% per year. During the past 5 years, the average Total Assets Growth Rate was 0.60% per year.

During the past 8 years, Helios Fairfax Partners's highest 3-Year average Total Assets Growth Rate was 746.20%. The lowest was -10.40%. And the median was 3.50%.

Total Assets is connected with ROA %. Helios Fairfax Partners's annualized ROA % for the quarter that ended in Dec. 2023 was -56.26%. Total Assets is also linked to Revenue through Asset Turnover. Helios Fairfax Partners's Asset Turnover for the quarter that ended in Dec. 2023 was -0.12.

Helios Fairfax Partners Total Assets Historical Data

The historical data trend for Helios Fairfax Partners'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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Helios Fairfax Partners Total Assets Chart

Helios Fairfax Partners Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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520.67

610.78

704.39

652.61

488.33

Helios Fairfax Partners Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															652.61	661.49	671.58	662.09	488.33

Helios Fairfax Partners 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.

Helios Fairfax Partners'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 )
	=	474.596	+	13.737
	=	488.33

Helios Fairfax Partners's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	474.596	+	13.737
	=	488.33

Helios Fairfax Partners (OTCPK:FFXXF) Total Assets Explanation

Total Assets is connected with ROA %.

Helios Fairfax Partners's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-323.596	/	( (662.091	+	488.333)	/ 2 )
	=	-323.596	/	575.212
	=	-56.26 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Helios Fairfax Partners's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	-67.381	/	( (662.091	+	488.333)	/ 2 )
=	-67.381	/	575.212
=	-0.12

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.

Helios Fairfax Partners Total Assets Related Terms

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Helios Fairfax Partners (Helios Fairfax Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Helios Fairfax Partners Corp (OTCPK:FFXXF) » Definitions » Total Assets

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Traded in Other Exchanges

3UD:Germany HFPC.U:Canada

Address

95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7

Website

https://www.heliosinvestment.com

Helios Fairfax Partners Corp is an investment holding company whose investment objective is to achieve long-term capital appreciation while preserving capital, by investing in public and private equity securities and debt instruments in Africa and African businesses. It is also engaged in property and casualty insurance and reinsurance business.