Faraday Copper (TSX:FDY) Total Assets : C$36.59 Mil (As of Dec. 2023)

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What is Faraday Copper Total Assets?

Faraday Copper's Total Assets for the quarter that ended in Dec. 2023 was C$36.59 Mil.

During the past 12 months, Faraday Copper's average Total Assets Growth Rate was 207.90% per year. During the past 3 years, the average Total Assets Growth Rate was 54.90% per year. During the past 5 years, the average Total Assets Growth Rate was 9.40% per year. During the past 10 years, the average Total Assets Growth Rate was 72.50% per year.

During the past 13 years, Faraday Copper's highest 3-Year average Total Assets Growth Rate was 1040.40%. The lowest was -87.70%. And the median was 7.70%.

Total Assets is connected with ROA %. Faraday Copper's annualized ROA % for the quarter that ended in Dec. 2023 was -54.68%. Total Assets is also linked to Revenue through Asset Turnover. Faraday Copper's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Faraday Copper Total Assets Historical Data

The historical data trend for Faraday Copper'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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Faraday Copper Total Assets Chart

Faraday Copper Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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5.66

5.88

9.52

16.58

36.59

Faraday Copper 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															16.58	48.42	42.66	40.73	36.59

Faraday Copper 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.

Faraday Copper'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 )
	=	34.105	+	2.487
	=	36.59

Faraday Copper'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 )
	=	34.105	+	2.487
	=	36.59

Faraday Copper (TSX:FDY) Total Assets Explanation

Total Assets is connected with ROA %.

Faraday Copper'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 )
	=	-21.14	/	( (40.726	+	36.592)	/ 2 )
	=	-21.14	/	38.659
	=	-54.68 %

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.

Faraday Copper'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	/	( (40.726	+	36.592)	/ 2 )
=	0	/	38.659
=	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.

Faraday Copper Total Assets Related Terms

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Faraday Copper (TSX:FDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Faraday Copper Corp (TSX:FDY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CPPKF:USA 9CM0:Germany

Address

250 - 200 Burrard Street, Vancouver, BC, CAN, V6C 3L6

Website

https://www.faradaycopper.com

Faraday Copper Corp is engaged in the acquisition and development of mineral properties. The company is focused on advancing its flagship copper project in Arizona, The Copper Creek project is one of the undeveloped copper projects in North America with open pit and bulk underground mining potential.

Executives

Robert Graham Richardson

Senior Officer

Faraday Copper (TSX:FDY) Headlines

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