Freehold Royalties (Freehold Royalties) Total Assets : $833.6 Mil (As of Dec. 2023)

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What is Freehold Royalties Total Assets?

Freehold Royalties's Total Assets for the quarter that ended in Dec. 2023 was $833.6 Mil.

During the past 12 months, Freehold Royalties's average Total Assets Growth Rate was -7.70% per year. During the past 3 years, the average Total Assets Growth Rate was 10.50% per year. During the past 5 years, the average Total Assets Growth Rate was 7.50% per year. During the past 10 years, the average Total Assets Growth Rate was 6.70% per year.

During the past 13 years, Freehold Royalties's highest 3-Year average Total Assets Growth Rate was 34.30%. The lowest was -5.90%. And the median was -1.35%.

Total Assets is connected with ROA %. Freehold Royalties's annualized ROA % for the quarter that ended in Dec. 2023 was 12.19%. Total Assets is also linked to Revenue through Asset Turnover. Freehold Royalties's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Freehold Royalties Total Assets Historical Data

The historical data trend for Freehold Royalties'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.

Freehold Royalties Total Assets Chart

Freehold Royalties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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637.78

647.91

836.33

892.16

833.65

Freehold Royalties 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															892.16	865.43	861.32	845.86	833.65

Freehold Royalties 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.

Freehold Royalties'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 )
	=	688.553	+	145.095
	=	833.6

Freehold Royalties'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 )
	=	688.553	+	145.095
	=	833.6

Freehold Royalties (OTCPK:FRHLF) Total Assets Explanation

Total Assets is connected with ROA %.

Freehold Royalties'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 )
	=	102.336	/	( (845.863	+	833.649)	/ 2 )
	=	102.336	/	839.756
	=	12.19 %

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.

Freehold Royalties'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 )
=	59.677	/	( (845.863	+	833.649)	/ 2 )
=	59.677	/	839.756
=	0.07

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.

Freehold Royalties Total Assets Related Terms

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Freehold Royalties (Freehold Royalties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Freehold Royalties Ltd (OTCPK:FRHLF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

1FH:Germany FRU:Canada

Address

517 - 10 Avenue SW, Suite 1000, Calgary, AB, CAN, T2R 0A8

Website

https://www.freeholdroyalties.com

Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. It operates in two segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; and the United States, which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins primarily located in the states of Texas, Louisiana, and North Dakota. The majority of its revenue is generated from Canada Segment.