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Rose Rock Midstream LP (Rose Rock Midstream LP) Total Assets : $1,337.4 Mil (As of Jun. 2016)


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What is Rose Rock Midstream LP Total Assets?

Rose Rock Midstream LP's Total Assets for the quarter that ended in Jun. 2016 was $1,337.4 Mil.

Total Assets is connected with ROA %. Rose Rock Midstream LP's annualized ROA % for the quarter that ended in Jun. 2016 was 3.11%. Total Assets is also linked to Revenue through Asset Turnover. Rose Rock Midstream LP's Asset Turnover for the quarter that ended in Jun. 2016 was 0.13.


Rose Rock Midstream LP Total Assets Historical Data

The historical data trend for Rose Rock Midstream LP'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.

Rose Rock Midstream LP Total Assets Chart

Rose Rock Midstream LP Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Assets
Get a 7-Day Free Trial 445.49 544.73 897.25 1,006.26 1,257.83

Rose Rock Midstream LP Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 1,323.84 1,273.50 1,257.83 1,212.84 1,337.43

Rose Rock Midstream LP 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.

Rose Rock Midstream LP's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (A: Dec. 2015 )+Total Liabilities (A: Dec. 2015 )
=230.205+1027.626
=1,257.8

Rose Rock Midstream LP's Total Assets for the quarter that ended in Jun. 2016 is calculated as

Total Assets=Total Equity (Q: Jun. 2016 )+Total Liabilities (Q: Jun. 2016 )
=206.692+1130.736
=1,337.4

* 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.


Rose Rock Midstream LP  (NYSE:RRMS) Total Assets Explanation

Total Assets is connected with ROA %.

Rose Rock Midstream LP's annualized ROA % for the quarter that ended in Jun. 2016 is

ROA %=Net Income (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=39.688/( (1212.837+1337.428)/ 2 )
=39.688/1275.1325
=3.11 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) 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.

Rose Rock Midstream LP's Asset Turnover for the quarter that ended in Jun. 2016 is

Asset Turnover
=Revenue (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=169.144/( (1212.837+1337.428)/ 2 )
=169.144/1275.1325
=0.13

* 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.

Rose Rock Midstream LP Total Assets Related Terms

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Rose Rock Midstream LP (Rose Rock Midstream LP) Business Description

Traded in Other Exchanges
N/A
Address
Rose Rock Midstream LP is a Delaware limited partnership formed in 2011. The Company is engaged in the business of crude oil gathering, transportation, storage, distribution and marketing in Colorado, Kansas, Minnesota, Montana, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas and Wyoming. We operate in the Bakken Shale in North Dakota and Montana, the Denver-Julesburg Basin ("DJ Basin") and the Niobrara Shale in the Rocky Mountain region, and the Granite Wash and Mississippi Lime Play in the Mid-Continent region. The Company's operating business segments are Transportation, Facilities, and Supply & Logistics. The Transportation segment operates crude oil pipelines and truck transportation businesses. The Facilities segment operates crude oil storage and terminal businesses. The Supply and Logistics segment operates a crude oil marketing business which utilizes our Transportation and Facilities assets for marketing purposes. Its competitors include Cushing include Blueknight Energy Partners, L.P., Enbridge Energy Partners, L.P., Enterprise Products Partners L.P., Magellan Midstream Partners, L.P. and Plains All American Pipeline, L.P. The Company' operations are subject to extensive regulation.
Executives
Carlin G. Conner director, officer: President and CEO of GP 6120 SOUTH YALE AVE., SUITE 1500, TULSA OK 74136
Ronald A Ballschmiede director 1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Semgroup Corp director, 10 percent owner TWO WARREN PLACE, 6120 SOUTH YALE AVENUE, SUITE 1500, TULSA OK 74136-4231
Candice L Cheeseman officer: VP and General Counsel of GP 6120 SOUTH YALE AVE., SUITE 1500, TULSA OK 74136
Peter L Schwiering director, officer: COO of GP 6120 SOUTH YALE AVENUE, SUITE 700, TULSA OK 74136
Mark E Monroe director 7130 S LEWIS 10TH FL, TULSA OK 74136
Paul Largess officer: VP, CAO & Controller of GP 6120 S YALE STE 700, TULSA OK 74136
Norman J Szydlowski director, officer: Pres., CEO & Director of GP 6120 S. YALE, SUITE 700, TULSA OK 74136

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