Taseko Mines (Taseko Mines) Total Assets : $1,167.5 Mil (As of Dec. 2023)

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What is Taseko Mines Total Assets?

Taseko Mines's Total Assets for the quarter that ended in Dec. 2023 was $1,167.5 Mil.

Warning Sign:

If a company builds assets at 10.4% a year, faster than its revenue growth rate of 3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Taseko Mines's average Total Assets Growth Rate was 27.10% per year. During the past 3 years, the average Total Assets Growth Rate was 21.30% per year. During the past 5 years, the average Total Assets Growth Rate was 10.40% per year. During the past 10 years, the average Total Assets Growth Rate was 3.10% per year.

During the past 13 years, Taseko Mines's highest 3-Year average Total Assets Growth Rate was 53.60%. The lowest was -12.70%. And the median was 14.20%.

Total Assets is connected with ROA %. Taseko Mines's annualized ROA % for the quarter that ended in Dec. 2023 was 17.90%. Total Assets is also linked to Revenue through Asset Turnover. Taseko Mines's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

Taseko Mines Total Assets Historical Data

The historical data trend for Taseko Mines'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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Taseko Mines Total Assets Chart

Taseko Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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671.27

710.72

924.37

941.25

1,167.54

Taseko Mines 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															941.25	1,017.38	1,068.15	1,078.72	1,167.54

Taseko Mines 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.

Taseko Mines'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 )
	=	323.605	+	843.933
	=	1,167.5

Taseko Mines'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 )
	=	323.605	+	843.933
	=	1,167.5

Taseko Mines (AMEX:TGB) Total Assets Explanation

Total Assets is connected with ROA %.

Taseko Mines'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 )
	=	201.028	/	( (1078.716	+	1167.537)	/ 2 )
	=	201.028	/	1123.1265
	=	17.90 %

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.

Taseko Mines'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 )
=	114.56	/	( (1078.716	+	1167.537)	/ 2 )
=	114.56	/	1123.1265
=	0.10

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.

Taseko Mines Total Assets Related Terms

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Taseko Mines (Taseko Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Taseko Mines Ltd (AMEX:TGB) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TKO:UK UDM:Germany TKO:Canada

Address

1040 West Georgia Street, 12th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.tasekomines.com

Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.

Executives

Sailingstone Capital Partners Llc	10 percent owner	100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Sailingstone Holdings Llc	10 percent owner	1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111
Mackenzie B Davis	10 percent owner	1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 941111
Settles Kenneth L Jr	10 percent owner	1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111