Triple Flag Precious Metals (TSX:TFPM) Total Assets : C$2,402.0 Mil (As of Sep. 2024)

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What is Triple Flag Precious Metals Total Assets?

Triple Flag Precious Metals's Total Assets for the quarter that ended in Sep. 2024 was C$2,402.0 Mil.

During the past 12 months, Triple Flag Precious Metals's average Total Assets Growth Rate was -6.70% per year. During the past 3 years, the average Total Assets Growth Rate was 15.60% per year. During the past 5 years, the average Total Assets Growth Rate was 26.90% per year.

During the past 6 years, Triple Flag Precious Metals's highest 3-Year average Total Assets Growth Rate was 30.10%. The lowest was 15.60%. And the median was 27.30%.

Total Assets is connected with ROA %. Triple Flag Precious Metals's annualized ROA % for the quarter that ended in Sep. 2024 was 6.71%. Total Assets is also linked to Revenue through Asset Turnover. Triple Flag Precious Metals's Asset Turnover for the quarter that ended in Sep. 2024 was 0.04.

Triple Flag Precious Metals Total Assets Historical Data

The historical data trend for Triple Flag Precious Metals'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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Triple Flag Precious Metals Total Assets Chart

Triple Flag Precious Metals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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866.47

1,666.35

1,668.36

1,816.36

2,541.61

Triple Flag Precious Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															2,578.71	2,541.61	2,576.65	2,385.83	2,402.01

Triple Flag Precious Metals 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.

Triple Flag Precious Metals'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 )
	=	2429.29	+	112.323
	=	2,541.6

Triple Flag Precious Metals's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	2315.77	+	86.243
	=	2,402.0

Triple Flag Precious Metals (TSX:TFPM) Total Assets Explanation

Total Assets is connected with ROA %.

Triple Flag Precious Metals's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	160.652	/	( (2385.831	+	2402.013)	/ 2 )
	=	160.652	/	2393.922
	=	6.71 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

Triple Flag Precious Metals's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	99.792	/	( (2385.831	+	2402.013)	/ 2 )
=	99.792	/	2393.922
=	0.04

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.

Triple Flag Precious Metals Total Assets Related Terms

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Triple Flag Precious Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Triple Flag Precious Metals Corp (TSX:TFPM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TFPM:USA 7781:Germany

Address

161 Bay Street, TD Canada Trust Tower, Suite 4535, Toronto, ON, CAN, M5J 2S1

Website

https://www.tripleflagpm.com

Triple Flag Precious Metals Corp is a precious-metals-focused streaming and royalty company. Its revenues are largely generated from a diversified portfolio of properties in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, and the United States.

Executives

Geoffrey Alan Burns	Director
Charles Warren Beil	Senior Officer
Leshan Soyini Daniel	Senior Officer
Sheldon Alexander Vanderkooy	Senior Officer
James Edward Dendle	Senior Officer
Timothy Clive Baker	Director
Blake Michael Rhodes	Director
Eban Bari	Senior Officer
Lawrence Peter O'hagan	Director
Elliott Investment Management L.p.	10% Security Holder
Shaun Alleyne Usmar	Director, Senior Officer