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BG Group PLC (OTCPK:BRGYY)
Total Assets
$67,186 Mil (As of Sep. 2014)

BG Group PLC's total assets for the quarter that ended in Sep. 2014 was $67,186 Mil.

Warning Sign:

If a company builds asset at 10.7% a year, faster than its revenue growth rate of 4.7% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, BG Group PLC's average Total Assets Growth Rate was -5.90% per year. During the past 3 years, the average Total Assets Growth Rate was 6.40% per year. During the past 5 years, the average Total Assets Growth Rate was 10.70% per year. During the past 10 years, the average Total Assets Growth Rate was 21.10% per year.

During the past 13 years, BG Group PLC's highest 3-Year average Total Assets Growth Rate was 33.20%. The lowest was -31.10%. And the median was 11.00%.

Total Assets is connected with Return on Assets (ROA). BG Group PLC's annualized Return on Assets (ROA) for the quarter that ended in Sep. 2014 was 8.89%. Total Assets is also linked to revenue through asset turnover. BG Group PLC's asset turnover for the quarter that ended in Sep. 2014 was 0.07.


Definition

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.

BG Group PLC's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets=Total Current Assets+Total Long Term Assets
=Total Current Assets+(Net PPE+Intangibles+Other Long-Term Assets)
=14130+(42225+3889+5730)
=65,974

Total Assets=Total Shareholder’s Equity (A: Dec. 2013 )+Total Liabilities (A: Dec. 2013 )
=31960+34014
=65,974

BG Group PLC's Total Assets for the quarter that ended in Sep. 2014 is calculated as

Total Assets=Total Current Assets+Total Long Term Assets
=Total Current Assets+(Net PPE+Intangibles+Other Long-Term Assets)
=11725+(44960+4231+6270)
=67,186

Total Assets=Total Shareholder’s Equity (Q: Sep. 2014 )+Total Liabilities (Q: Sep. 2014 )
=34901+32285
=67,186

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Total Assets is connected with Return on Assets.

BG Group PLC's annualized Return on Assets (ROA) for the quarter that ended in Sep. 2014 is

ROA=Net Income (Q: Sep. 2014 )/( (Total Assets (Q: Jun. 2014 )+Total Assets (Q: Sep. 2014 ))/ 2 )
=6036/( (68623+67186)/ 2 )
=6036/67904.5
=8.89 %

Note: The Net Income data used here is four times the quarterly (Sep. 2014) net income 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.

BG Group PLC's Asset Turnover for the quarter that ended in Sep. 2014 is

Asset Turnover
=Sales/Average Total Assets
=Revenue (Q: Sep. 2014 )/( (Total Assets (Q: Jun. 2014 )+Total Assets (Q: Sep. 2014 ))/ 2 )
=4590/( (68623+67186)/ 2 )
=4590/67904.5
=0.07

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Therefore, if a company grows its assets faster than its sales, the asset turnover will decline. This might be a warning sign for the business.


Related Terms

Return on Assets, Assets Turnover, Net Income, Revenue, Total Current Assets, Net PPE, Intangibles, Other Long-Term Assets, Total Shareholder’s Equity, Total Liability


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

BG Group PLC Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Total Assets 16,66619,96924,85830,52136,60442,44250,29961,38265,24765,974

BG Group PLC Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Total Assets 64,36366,41465,24766,77066,68668,36565,97467,97968,62367,186
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