Texon Petroleum Limited (ASX:TXN) Total Assets : A$0.00 Mil (As of . 20)

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What is Texon Petroleum Limited Total Assets?

Texon Petroleum Limited's Total Assets for the quarter that ended in . 20 was A$0.00 Mil.

Warning Sign:

If a company builds asset at 78.4% a year, faster than its revenue growth rate of 59.1% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, Texon Petroleum Limited's average Total Assets Growth Rate was 161.80% per year. During the past 3 years, the average Total Assets Growth Rate was 89.20% per year. During the past 5 years, the average Total Assets Growth Rate was 78.40% per year.

During the past 6 years, Texon Petroleum Limited's highest 3-Year average Total Assets Growth Rate was 121.40%. The lowest was 62.40%. And the median was 89.20%.

Total Assets is connected with ROA %. Texon Petroleum Limited's annualized ROA % for the quarter that ended in . 20 was %. Total Assets is also linked to Revenue through Asset Turnover. Texon Petroleum Limited's Asset Turnover for the quarter that ended in . 20 was .

Texon Petroleum Limited Total Assets Historical Data

The historical data trend for Texon Petroleum Limited'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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Texon Petroleum Limited Total Assets Chart

Texon Petroleum Limited Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Total Assets

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18.27

14.98

18.49

39.62

81.24

Texon Petroleum Limited Quarterly Data

Total Assets

Texon Petroleum Limited 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.

Texon Petroleum Limited's Total Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Assets	=	Total Equity (A: Dec. 2011 )	+	Total Liabilities (A: Dec. 2011 )
	=	77.784	+	3.458
	=	81.24

Texon Petroleum Limited's Total Assets for the quarter that ended in . 20 is calculated as

Total Assets	=	Total Equity (Q: . 20 )	+	Total Liabilities (Q: . 20 )
	=	N/A	+	N/A
	=	N/A

Texon Petroleum Limited (ASX:TXN) Total Assets Explanation

Total Assets is connected with ROA %.

Texon Petroleum Limited's annualized ROA % for the quarter that ended in . 20 is

ROA %	=	Net Income (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
	=		/	( (	+	)	/ )
	=		/
	=	%

Note: The Net Income data used here is four times the quarterly (. 20) 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.

Texon Petroleum Limited's Asset Turnover for the quarter that ended in . 20 is

	Asset Turnover
=	Revenue (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

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.

Texon Petroleum Limited Total Assets Related Terms

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