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Talon Metals (TSX:TLO) Total Assets : C$237.07 Mil (As of Dec. 2023)


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What is Talon Metals Total Assets?

Talon Metals's Total Assets for the quarter that ended in Dec. 2023 was C$237.07 Mil.

During the past 12 months, Talon Metals's average Total Assets Growth Rate was 22.50% per year. During the past 3 years, the average Total Assets Growth Rate was 52.10% per year. During the past 5 years, the average Total Assets Growth Rate was 43.10% per year. During the past 10 years, the average Total Assets Growth Rate was 25.40% per year.

During the past 13 years, Talon Metals's highest 3-Year average Total Assets Growth Rate was 70.90%. The lowest was -22.60%. And the median was 23.90%.

Total Assets is connected with ROA %. Talon Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -1.22%. Total Assets is also linked to Revenue through Asset Turnover. Talon Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Talon Metals Total Assets Historical Data

The historical data trend for Talon 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.

* Premium members only.

Talon Metals Total Assets Chart

Talon Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.22 76.27 125.58 218.20 237.07

Talon Metals 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 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 218.20 217.66 215.34 218.97 237.07

Talon 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.

Talon 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 )
=231.274+5.792
=237.07

Talon Metals'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 )
=231.274+5.792
=237.07

* 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.


Talon Metals  (TSX:TLO) Total Assets Explanation

Total Assets is connected with ROA %.

Talon Metals'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 )
=-2.784/( (218.973+237.066)/ 2 )
=-2.784/228.0195
=-1.22 %

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.

Talon Metals'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/( (218.973+237.066)/ 2 )
=0/228.0195
=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.

Talon Metals Total Assets Related Terms

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Talon Metals (TSX:TLO) Business Description

Traded in Other Exchanges
Address
Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, VGB
Talon Metals Corp is a base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. The Tamarack Nickel Project comprises a large land position with additional high-grade intercepts outside the current resource area. Talon is focused on expanding and infilling its current high-grade nickel mineralization resource prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators and following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex.
Executives
Sean Neal Werger Senior Officer
Mark Groulx Senior Officer
Vincent Gregory Conte Senior Officer
Warren Eric Newfield Director
Henri Van Rooyen Director, Senior Officer

Talon Metals (TSX:TLO) Headlines