FRSPF (First Phosphate) Total Assets: $17.88 Mil (As of Nov. 2025)


FRSPF First Phosphate Corp FRSPF
30 GF Score
Price $1.16
! 1 Warning Sign
View Full Analysis

What is First Phosphate Total Assets?

First Phosphate FRSPF -1.78% 30 Total Assets is $17.88 Mil as of Nov. 2025. GuruFocus rates FRSPF with a GF Score™ of 30/100. The stock has 1 warning sign investors should review.

First Phosphate's Total Assets for the quarter that ended in Nov. 2025 was $17.88 Mil.

During the past 12 months, First Phosphate's average Total Assets Growth Rate was 1.40% per year.

During the past 12 years, First Phosphate's highest 3-Year average Total Assets Growth Rate was 495.80%. The lowest was -82.40%. And the median was 191.90%.

Total Assets is connected with ROA %. First Phosphate's annualized ROA % for the quarter that ended in Nov. 2025 was -115.32%. Total Assets is also linked to Revenue through Asset Turnover. First Phosphate's Asset Turnover for the quarter that ended in Nov. 2025 was 0.00.

First Phosphate  (OTCPK:FRSPF) Total Assets Explanation

Total Assets is connected with ROA %.

First Phosphate's annualized ROA % for the quarter that ended in Nov. 2025 is

ROA %=Net Income (Q: Nov. 2025 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Nov. 2025 ))/ count )
=-16.444/( (10.642+17.876)/ 2 )
=-16.444/14.259
=-115.32 %

Note: The Net Income data used here is four times the quarterly (Nov. 2025) 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.

First Phosphate's Asset Turnover for the quarter that ended in Nov. 2025 is

Asset Turnover
=Revenue (Q: Nov. 2025 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Nov. 2025 ))/ count )
=0/( (10.642+17.876)/ 2 )
=0/14.259
=0.00

* 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.

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.

First Phosphate Total Assets Related Terms

First Phosphate Total Assets Historical Data

* Premium members only.

The historical data trend for First Phosphate'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.

First Phosphate Total Assets Chart

First Phosphate Annual Data
Trend Feb10 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.00 4.41 9.63 5.21

First Phosphate Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.94 5.21 6.30 10.64 17.88
FRSPF
30GF Score
First Phosphate Corp FRSPF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Phosphate 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.

First Phosphate's Total Assets for the fiscal year that ended in Feb. 2025 is calculated as

Total Assets=Total Equity (A: Feb. 2025 )+Total Liabilities (A: Feb. 2025 )
=4.47+0.742
=5.21

First Phosphate's Total Assets for the quarter that ended in Nov. 2025 is calculated as

Total Assets=Total Equity (Q: Nov. 2025 )+Total Liabilities (Q: Nov. 2025 )
=16.997+0.879
=17.88

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $17.88 Mil mean?
First Phosphate (FRSPF) has a Total Assets of $17.88 Mil as of Nov. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on First Phosphate and its competitors.
Is First Phosphate's Total Assets too high?
First Phosphate's current Total Assets is $17.88 Mil. Overall, First Phosphate has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does First Phosphate's Total Assets compare to competitors?
First Phosphate's Total Assets of $17.88 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on First Phosphate and its competitors. First Phosphate's current Total Assets is $17.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Phosphate stock overvalued right now?
First Phosphate (FRSPF) has a current Total Assets of $17.88 Mil. The current Total Assets is $17.88 Mil. First Phosphate's overall GF Score™ is 30/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For First Phosphate (FRSPF), the current Total Assets is $17.88 Mil as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Phosphate Business Description

Address 1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.
30GF Score

Get the complete analysis for FRSPF

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.16
Price