Filo (TSX:FIL) Total Assets : C$125.80 Mil (As of Dec. 2023)

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What is Filo Total Assets?

Filo's Total Assets for the quarter that ended in Dec. 2023 was C$125.80 Mil.

During the past 12 months, Filo's average Total Assets Growth Rate was 48.80% per year. During the past 3 years, the average Total Assets Growth Rate was 13.00% per year. During the past 5 years, the average Total Assets Growth Rate was 9.20% per year.

During the past 11 years, Filo's highest 3-Year average Total Assets Growth Rate was 16.10%. The lowest was -9.30%. And the median was 13.00%.

Total Assets is connected with ROA %. Filo's annualized ROA % for the quarter that ended in Dec. 2023 was -100.46%. Total Assets is also linked to Revenue through Asset Turnover. Filo's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Filo Total Assets Historical Data

The historical data trend for Filo'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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Filo Total Assets Chart

Filo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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23.94

47.88

30.78

86.05

125.80

Filo 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															71.69	179.21	149.25	125.80	-

Filo 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.

Filo'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 )
	=	103.099	+	22.696
	=	125.80

Filo'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 )
	=	103.099	+	22.696
	=	125.80

Filo (TSX:FIL) Total Assets Explanation

Total Assets is connected with ROA %.

Filo'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 )
	=	-138.152	/	( (149.246	+	125.796)	/ 2 )
	=	-138.152	/	137.521
	=	-100.46 %

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.

Filo'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 )
=	0	/	( (149.246	+	125.796)	/ 2 )
=	0	/	137.521
=	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.

Filo Total Assets Related Terms

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Filo (TSX:FIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Filo Corp (TSX:FIL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

FLMMF:USA FIL:Sweden Z94:Germany

Address

885 West Georgia Street, 2000 HSBC Building, Vancouver, BC, CAN, V6C 3E8

Website

https://www.filocorp.com

Filo Corp is a Canada-based mineral exploration company engaged in the acquisition, exploration, and development of mineral properties in South America. The company is focused on the Filo del Sol Project. Filo del Sol hosts a high-sulphidation epithermal copper-gold-silver deposit associated with a large porphyry copper-gold system. The project is located in the San Juan Province of Argentina and the adjacent Atacama Region of Northern Chile.

Executives

Trevor D'sa

Senior Officer

Filo (TSX:FIL) Headlines

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