What does the File Size on the Diagnostics Bar represent?

I recently enabled the Diagnostics Bar on studio and saw that the file size was at a quite high value (or is it) and I think it has something to do with the memory that my place occupies or the variables I’ve used in the output? Does anyone know what this value represents?

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I’m not 100% clear on what you mean by the Diagnostics bar, but it probably relating to the actual file size of the game.

Go to File -> Settings -> Studio -> Show Diagnostics Bar (Look at the bottom right of studio)

It couldnt possibly be the file size of the place, its consistent on all places in studio.