Conifex Timber (TSX:CFF) Total Assets : C$221.2 Mil (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Conifex Timber Total Assets?

Conifex Timber's Total Assets for the quarter that ended in Mar. 2024 was C$221.2 Mil.

During the past 12 months, Conifex Timber's average Total Assets Growth Rate was -13.50% per year. During the past 3 years, the average Total Assets Growth Rate was 1.50% per year. During the past 5 years, the average Total Assets Growth Rate was -20.00% per year. During the past 10 years, the average Total Assets Growth Rate was -2.30% per year.

During the past 13 years, Conifex Timber's highest 3-Year average Total Assets Growth Rate was 3582.50%. The lowest was -32.20%. And the median was 19.00%.

Total Assets is connected with ROA %. Conifex Timber's annualized ROA % for the quarter that ended in Mar. 2024 was -8.25%. Total Assets is also linked to Revenue through Asset Turnover. Conifex Timber's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.

Conifex Timber Total Assets Historical Data

The historical data trend for Conifex Timber'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.

Conifex Timber Total Assets Chart

Conifex Timber Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

461.49

216.76

231.46

257.26

218.99

Conifex Timber 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															256.06	233.21	227.71	218.99	221.25

Conifex Timber 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.

Conifex Timber'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 )
	=	115.503	+	103.49
	=	219.0

Conifex Timber'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 )
	=	111.112	+	110.133
	=	221.2

Conifex Timber (TSX:CFF) Total Assets Explanation

Total Assets is connected with ROA %.

Conifex Timber'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 )
	=	-18.164	/	( (218.994	+	221.245)	/ 2 )
	=	-18.164	/	220.1195
	=	-8.25 %

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.

Conifex Timber'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 )
=	40.76	/	( (218.994	+	221.245)	/ 2 )
=	40.76	/	220.1195
=	0.19

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.

Conifex Timber Total Assets Related Terms

Thank you for viewing the detailed overview of Conifex Timber's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Conifex Timber (TSX:CFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Conifex Timber Inc (TSX:CFF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CFXTF:USA 5CA:Germany

Address

980-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B6

Website

https://www.conifex.com

Conifex Timber Inc is a Canada-based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm's primary activities in the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company's harvesting and manufacturing operations. The firm's main activities areas are the United States, Chinese, Canadian and Japanese markets. The revenues are generated from lumber in the United States of America.

Executives

John Michael Costello

Director

Conifex Timber (TSX:CFF) Headlines

No Headlines