GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulf Keystone Petroleum Ltd (OTCPK:GFKSY) » Definitions » Total Assets

Gulf Keystone Petroleum (Gulf Keystone Petroleum) Total Assets : $697.1 Mil (As of Dec. 2023)


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

What is Gulf Keystone Petroleum Total Assets?

Gulf Keystone Petroleum's Total Assets for the quarter that ended in Dec. 2023 was $697.1 Mil.

During the past 12 months, Gulf Keystone Petroleum's average Total Assets Growth Rate was -5.20% per year. During the past 3 years, the average Total Assets Growth Rate was 8.60% per year. During the past 5 years, the average Total Assets Growth Rate was 6.60% per year. During the past 10 years, the average Total Assets Growth Rate was -1.80% per year.

During the past 13 years, Gulf Keystone Petroleum's highest 3-Year average Total Assets Growth Rate was 89.30%. The lowest was -14.20%. And the median was 9.65%.

Total Assets is connected with ROA %. Gulf Keystone Petroleum's annualized ROA % for the quarter that ended in Dec. 2023 was -2.42%. Total Assets is also linked to Revenue through Asset Turnover. Gulf Keystone Petroleum's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.


Gulf Keystone Petroleum Total Assets Historical Data

The historical data trend for Gulf Keystone Petroleum'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.

Gulf Keystone Petroleum Total Assets Chart

Gulf Keystone Petroleum 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 733.89 658.51 764.26 744.36 697.15

Gulf Keystone Petroleum Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 764.26 814.85 744.36 728.63 697.15

Gulf Keystone Petroleum 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.

Gulf Keystone Petroleum'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 )
=547.237+149.909
=697.1

Gulf Keystone Petroleum'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 )
=547.237+149.909
=697.1

* 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.


Gulf Keystone Petroleum  (OTCPK:GFKSY) Total Assets Explanation

Total Assets is connected with ROA %.

Gulf Keystone Petroleum's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-17.268/( (728.627+697.146)/ 2 )
=-17.268/712.8865
=-2.42 %

Note: The Net Income data used here is two times the semi-annual (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.

Gulf Keystone Petroleum's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=43.959/( (728.627+697.146)/ 2 )
=43.959/712.8865
=0.06

* 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.

Gulf Keystone Petroleum Total Assets Related Terms

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


Gulf Keystone Petroleum (Gulf Keystone Petroleum) Business Description

Traded in Other Exchanges
Address
C/o Coson Corporate Services Limited, 41 Cedar Avenue, Cedar House, 3rd Floor, Hamilton, BMU, HM12
Gulf Keystone Petroleum Ltd is a holding company, which is engaged in oil and gas exploration and production. It mainly operates in the Kurdistan Region of Iraq, the Republic of Algeria, and Others. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks, and the Erbil office, which provides support to the operations in Kurdistan. It generates its revenues from the sale of oil.

Gulf Keystone Petroleum (Gulf Keystone Petroleum) Headlines