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Twin Butte Energy (Twin Butte Energy) Total Assets : $276.8 Mil (As of Jun. 2016)


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What is Twin Butte Energy Total Assets?

Twin Butte Energy's Total Assets for the quarter that ended in Jun. 2016 was $276.8 Mil.

Total Assets is connected with ROA %. Twin Butte Energy's annualized ROA % for the quarter that ended in Jun. 2016 was -157.96%. Total Assets is also linked to Revenue through Asset Turnover. Twin Butte Energy's Asset Turnover for the quarter that ended in Jun. 2016 was 0.09.


Twin Butte Energy Total Assets Historical Data

The historical data trend for Twin Butte Energy'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.

Twin Butte Energy Total Assets Chart

Twin Butte Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 332.84 853.97 1,095.63 904.66 410.80

Twin Butte Energy 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 748.76 649.88 410.80 398.18 276.84

Twin Butte Energy 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.

Twin Butte Energy'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 )
=27.015+383.786
=410.8

Twin Butte Energy'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 )
=-122.497+399.338
=276.8

* 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.


Twin Butte Energy  (OTCPK:TBTEF) Total Assets Explanation

Total Assets is connected with ROA %.

Twin Butte Energy'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 )
=-533.124/( (398.176+276.841)/ 2 )
=-533.124/337.5085
=-157.96 %

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.

Twin Butte Energy'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 )
=31.627/( (398.176+276.841)/ 2 )
=31.627/337.5085
=0.09

* 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.

Twin Butte Energy Total Assets Related Terms

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Twin Butte Energy (Twin Butte Energy) Business Description

Traded in Other Exchanges
N/A
Address
410, 396 11th Avenue SW, Suite 410, Calgary, AB, CAN, T2R 0C5
Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.

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