Terra Firma Capital (TSXV:TII) Total Assets : C$176.37 Mil (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Terra Firma Capital Total Assets?

Terra Firma Capital's Total Assets for the quarter that ended in Jun. 2023 was C$176.37 Mil.

During the past 12 months, Terra Firma Capital's average Total Assets Growth Rate was -14.80% per year. During the past 3 years, the average Total Assets Growth Rate was -1.70% per year. During the past 5 years, the average Total Assets Growth Rate was 2.00% per year. During the past 10 years, the average Total Assets Growth Rate was 13.80% per year.

During the past 13 years, Terra Firma Capital's highest 3-Year average Total Assets Growth Rate was 317.60%. The lowest was -4.50%. And the median was 25.50%.

Total Assets is connected with ROA %. Terra Firma Capital's annualized ROA % for the quarter that ended in Jun. 2023 was 0.14%. Total Assets is also linked to Revenue through Asset Turnover. Terra Firma Capital's Asset Turnover for the quarter that ended in Jun. 2023 was 0.01.

Terra Firma Capital Total Assets Historical Data

The historical data trend for Terra Firma Capital'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.

Terra Firma Capital Total Assets Chart

Terra Firma Capital Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

Get a 7-Day Free Trial

188.30

195.21

170.43

178.31

205.67

Terra Firma Capital Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Assets	Get a 7-Day Free Trial															187.21	190.22	205.67	193.42	176.37

Terra Firma Capital 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.

Terra Firma Capital's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	59.971	+	145.702
	=	205.67

Terra Firma Capital's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	58.826	+	117.548
	=	176.37

Terra Firma Capital (TSXV:TII) Total Assets Explanation

Total Assets is connected with ROA %.

Terra Firma Capital's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	0.26	/	( (193.423	+	176.373)	/ 2 )
	=	0.26	/	184.898
	=	0.14 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Terra Firma Capital's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	1.064	/	( (193.423	+	176.373)	/ 2 )
=	1.064	/	184.898
=	0.01

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.

Terra Firma Capital Total Assets Related Terms

Thank you for viewing the detailed overview of Terra Firma Capital's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Terra Firma Capital (TSXV:TII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Terra Firma Capital Corp (TSXV:TII) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Saint Clair Avenue East, Weston Centre, Suite 200, Toronto, ON, CAN, M4T 2S5

Website

https://www.tfcc.ca

Terra Firma Capital Corp is a real estate finance company that provides real estate financings secured by investment properties and real estate developments throughout Canada and the U.S. These financings are made to real estate developers and owners who require shorter-term loans to bridge a transitional period of one to five years where it requires capital at various stages of development or redevelopment properties, for such development or redevelopment, properties repairs or the purchase of investment properties.

Terra Firma Capital (TSXV:TII) Headlines

No Headlines