Siem Industries (Siem Industries) Total Assets : $4,033.3 Mil (As of Jun. 2019)

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What is Siem Industries Total Assets?

Siem Industries's Total Assets for the quarter that ended in Jun. 2019 was $4,033.3 Mil.

Total Assets is connected with ROA %. Siem Industries's annualized ROA % for the quarter that ended in Jun. 2019 was -5.38%. Total Assets is also linked to Revenue through Asset Turnover. Siem Industries's Asset Turnover for the quarter that ended in Jun. 2019 was 0.07.

Siem Industries Total Assets Historical Data

The historical data trend for Siem Industries'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.

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Siem Industries Total Assets Chart

Siem Industries Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Assets

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2,357.97

3,924.51

4,365.87

4,558.43

4,086.79

Siem Industries Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Total Assets	Get a 7-Day Free Trial											4,312.69	4,558.43	4,385.21	4,086.79	4,033.26

Siem Industries 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.

Siem Industries's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets	=	Total Equity (A: Dec. 2018 )	+	Total Liabilities (A: Dec. 2018 )
	=	2050.952	+	2035.835
	=	4,086.8

Siem Industries's Total Assets for the quarter that ended in Jun. 2019 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2019 )	+	Total Liabilities (Q: Jun. 2019 )
	=	1872.638	+	2160.617
	=	4,033.3

Siem Industries (OTCPK:SEMUF) Total Assets Explanation

Total Assets is connected with ROA %.

Siem Industries's annualized ROA % for the quarter that ended in Jun. 2019 is

ROA %	=	Net Income (Q: Jun. 2019 )	/	( (Total Assets (Q: Dec. 2018 )	+	Total Assets (Q: Jun. 2019 ))	/ count )
	=	-218.334	/	( (4086.787	+	4033.255)	/ 2 )
	=	-218.334	/	4060.021
	=	-5.38 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2019) 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.

Siem Industries's Asset Turnover for the quarter that ended in Jun. 2019 is

	Asset Turnover
=	Revenue (Q: Jun. 2019 )	/	( (Total Assets (Q: Dec. 2018 )	+	Total Assets (Q: Jun. 2019 ))	/ count )
=	271.974	/	( (4086.787	+	4033.255)	/ 2 )
=	271.974	/	4060.021
=	0.07

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.

Siem Industries Total Assets Related Terms

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Siem Industries (Siem Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Siem Industries Inc (OTCPK:SEMUF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ugland House, South Church Street, P.O. Box 309, George Town, Grand Cayman, CYM, KY1-1104

Website

https://www.siemindustries.com

Siem Industries Inc is a diversified industrial holding company that operates through autonomous affiliates. The company has segregated its operations into Offshore Support Vessels, Reefer Vessels and Car Carriers, Cable-lay for Offshore Wind Farms (OWF), Scientific Core-Drilling, Shipbuilding, Potash-Mining and Corporate and Other. The company hold interests in several industrial areas including the oil and gas services industry and renewable energy sector, ocean transportation of refrigerated cargoes and automobiles, potash mining and finance. It generates maximum revenue from the Offshore Support Vessels segment.

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