FAR Ltd (FAR) - Total Assets
Based on the latest financial reports, FAR Ltd (FAR) holds total assets worth AU$46.32 Million AUD (≈ $32.78 Million USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore FAR operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
FAR Ltd - Total Assets Trend (1989–2024)
This chart illustrates how FAR Ltd's total assets have evolved over time, based on quarterly financial data. See FAR book value for net asset value and shareholders' equity analysis.
FAR Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
FAR Ltd's total assets of AU$46.32 Million consist of 28.5% current assets and 71.5% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 3.6% |
| Accounts Receivable | AU$11.59 Million | 24.7% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (1989–2024)
This chart illustrates how FAR Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see FAR market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: FAR Ltd's current assets represent 28.5% of total assets in 2024, an increase from 10.5% in 1989.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2024, down from 4.3% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is accounts receivable at 24.7% of total assets.
FAR Ltd Competitors by Total Assets
Key competitors of FAR Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
EQT Corporation
NYSE:EQT
|
USA | $41.69 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
Tourmaline Oil Corp.
TO:TOU
|
Canada | CA$23.06 Billion |
|
Permian Resources Corporation
NYSE:PR
|
USA | $17.33 Billion |
|
APA Corporation
NASDAQ:APA
|
USA | $18.08 Billion |
|
MEG Energy Corp
TO:MEG
|
Canada | CA$6.98 Billion |
|
DELEK GP SP.ADR/1/01/O.N
F:6D40
|
Germany | €48.92 Billion |
|
International Petroleum Corp
TO:IPCO
|
Canada | CA$1.98 Billion |
FAR Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.97 | 58.11 | 10.67 |
| Quick Ratio | 4.97 | 58.11 | 10.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$24.09 Million | AU$9.42 Million | AU$209.69 Million |
FAR Ltd - Advanced Valuation Insights
This section examines the relationship between FAR Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.76 |
| Latest Market Cap to Assets Ratio | 0.40 |
| Asset Growth Rate (YoY) | 1426.3% |
| Total Assets | AU$46.95 Million |
| Market Capitalization | $18.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values FAR Ltd's assets below their book value (0.40x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: FAR Ltd's assets grew by 1426.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for FAR Ltd (1989–2024)
The table below shows the annual total assets of FAR Ltd from 1989 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$46.95 Million ≈ $33.22 Million |
+1426.35% |
| 2023-12-31 | AU$3.08 Million ≈ $2.18 Million |
-94.12% |
| 2022-12-31 | AU$52.30 Million ≈ $37.01 Million |
-8.31% |
| 2021-12-31 | AU$57.05 Million ≈ $40.36 Million |
-67.98% |
| 2020-12-31 | AU$178.17 Million ≈ $126.06 Million |
+31.48% |
| 2019-12-31 | AU$135.51 Million ≈ $95.88 Million |
+0.34% |
| 2018-12-31 | AU$135.06 Million ≈ $95.56 Million |
-3.28% |
| 2017-12-31 | AU$139.64 Million ≈ $98.80 Million |
+27.83% |
| 2016-12-31 | AU$109.24 Million ≈ $77.30 Million |
+23.04% |
| 2015-12-31 | AU$88.79 Million ≈ $62.82 Million |
+20.84% |
| 2014-12-31 | AU$73.47 Million ≈ $51.99 Million |
+150.39% |
| 2013-12-31 | AU$29.34 Million ≈ $20.76 Million |
-66.66% |
| 2012-12-31 | AU$88.02 Million ≈ $62.28 Million |
+9.35% |
| 2011-12-31 | AU$80.49 Million ≈ $56.95 Million |
+29.90% |
| 2010-12-31 | AU$61.96 Million ≈ $43.84 Million |
+122.91% |
| 2009-12-31 | AU$27.79 Million ≈ $19.67 Million |
+52.20% |
| 2008-12-31 | AU$18.26 Million ≈ $12.92 Million |
-21.67% |
| 2007-12-31 | AU$23.31 Million ≈ $16.50 Million |
+34.00% |
| 2006-12-31 | AU$17.40 Million ≈ $12.31 Million |
+107.10% |
| 2005-12-31 | AU$8.40 Million ≈ $5.94 Million |
+46.08% |
| 2004-12-31 | AU$5.75 Million ≈ $4.07 Million |
+12.58% |
| 2003-12-31 | AU$5.11 Million ≈ $3.61 Million |
+21.82% |
| 2002-12-31 | AU$4.19 Million ≈ $2.97 Million |
+4.89% |
| 2001-12-31 | AU$4.00 Million ≈ $2.83 Million |
+17.36% |
| 2000-12-31 | AU$3.41 Million ≈ $2.41 Million |
-1.56% |
| 1999-12-31 | AU$3.46 Million ≈ $2.45 Million |
-23.43% |
| 1998-12-31 | AU$4.52 Million ≈ $3.20 Million |
-39.26% |
| 1997-12-31 | AU$7.44 Million ≈ $5.26 Million |
+23.47% |
| 1996-12-31 | AU$6.03 Million ≈ $4.26 Million |
+83.07% |
| 1995-12-31 | AU$3.29 Million ≈ $2.33 Million |
-18.41% |
| 1994-12-31 | AU$4.03 Million ≈ $2.85 Million |
+153.64% |
| 1993-12-31 | AU$1.59 Million ≈ $1.13 Million |
+26.17% |
| 1992-12-31 | AU$1.26 Million ≈ $892.07K |
-16.67% |
| 1991-12-31 | AU$1.51 Million ≈ $1.07 Million |
-15.38% |
| 1990-12-31 | AU$1.79 Million ≈ $1.27 Million |
-14.57% |
| 1989-12-31 | AU$2.09 Million ≈ $1.48 Million |
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About FAR Ltd
FAR Limited operates as an oil and gas exploration and development company in Africa. It primarily holds a portfolio of exploration licenses in the Gambia. The company was formerly known as First Australian Resources NL and changed its name to FAR Limited in 2010. The company was incorporated in 1984 and is based in South Melbourne, Australia.