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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Total Assets

: $215,003 Mil (As of Dec. 2023)
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Petroleo Brasileiro Petrobras's Total Assets for the quarter that ended in Dec. 2023 was $215,003 Mil.

During the past 12 months, Petroleo Brasileiro Petrobras's average Total Assets Growth Rate was 4.80% per year. During the past 3 years, the average Total Assets Growth Rate was 1.90% per year. During the past 5 years, the average Total Assets Growth Rate was 3.20% per year. During the past 10 years, the average Total Assets Growth Rate was 3.30% per year.

During the past 13 years, Petroleo Brasileiro Petrobras's highest 3-Year average Total Assets Growth Rate was 29.40%. The lowest was -0.30%. And the median was 13.30%.

Total Assets is connected with ROA %. Petroleo Brasileiro Petrobras's annualized ROA % for the quarter that ended in Dec. 2023 was 10.39%. Total Assets is also linked to Revenue through Asset Turnover. Petroleo Brasileiro Petrobras's Asset Turnover for the quarter that ended in Dec. 2023 was 0.11.


Petroleo Brasileiro Petrobras Total Assets Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 225,262.18 192,015.47 171,829.08 188,704.12 215,002.56

Petroleo Brasileiro Petrobras Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets 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 Premium Member Only Premium Member Only Premium Member Only 188,704.12 188,442.87 205,731.48 208,814.35 215,002.56

Petroleo Brasileiro Petrobras 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.

Petroleo Brasileiro Petrobras'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 )
=78223.901+136778.663
=215,003

Petroleo Brasileiro Petrobras'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 )
=78223.901+136778.663
=215,003

* 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.


Petroleo Brasileiro Petrobras  (NYSE:PBR) Total Assets Explanation

Total Assets is connected with ROA %.

Petroleo Brasileiro Petrobras's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=22021.516/( (208814.346+215002.564)/ 2 )
=22021.516/211908.455
=10.39 %

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

Petroleo Brasileiro Petrobras's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=24042.93/( (208814.346+215002.564)/ 2 )
=24042.93/211908.455
=0.11

* 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.

Petroleo Brasileiro Petrobras Total Assets Related Terms

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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Business Description

Address
Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.

Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Headlines