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Pioneer Oil & Gas (Pioneer Oil & Gas) Total Assets : $7.66 Mil (As of Jun. 2005)


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What is Pioneer Oil & Gas Total Assets?

Pioneer Oil & Gas's Total Assets for the quarter that ended in Jun. 2005 was $7.66 Mil.

Total Assets is connected with ROA %. Pioneer Oil & Gas's annualized ROA % for the quarter that ended in Jun. 2005 was 96.33%. Total Assets is also linked to Revenue through Asset Turnover. Pioneer Oil & Gas's Asset Turnover for the quarter that ended in Jun. 2005 was 0.45.


Pioneer Oil & Gas Total Assets Historical Data

The historical data trend for Pioneer Oil & Gas'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.

Pioneer Oil & Gas Total Assets Chart

Pioneer Oil & Gas Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04
Total Assets
1.09 1.23 1.65 1.18 2.39

Pioneer Oil & Gas Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 2.49 2.39 2.82 4.44 7.66

Pioneer Oil & Gas 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.

Pioneer Oil & Gas's Total Assets for the fiscal year that ended in Sep. 2004 is calculated as

Total Assets=Total Equity (A: Sep. 2004 )+Total Liabilities (A: Sep. 2004 )
=1.533+0.852
=2.39

Pioneer Oil & Gas's Total Assets for the quarter that ended in Jun. 2005 is calculated as

Total Assets=Total Equity (Q: Jun. 2005 )+Total Liabilities (Q: Jun. 2005 )
=5.076+2.583
=7.66

* 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.


Pioneer Oil & Gas  (OTCPK:POGS) Total Assets Explanation

Total Assets is connected with ROA %.

Pioneer Oil & Gas's annualized ROA % for the quarter that ended in Jun. 2005 is

ROA %=Net Income (Q: Jun. 2005 )/( (Total Assets (Q: Mar. 2005 )+Total Assets (Q: Jun. 2005 ))/ count )
=5.828/( (4.441+7.659)/ 2 )
=5.828/6.05
=96.33 %

Note: The Net Income data used here is four times the quarterly (Jun. 2005) 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.

Pioneer Oil & Gas's Asset Turnover for the quarter that ended in Jun. 2005 is

Asset Turnover
=Revenue (Q: Jun. 2005 )/( (Total Assets (Q: Mar. 2005 )+Total Assets (Q: Jun. 2005 ))/ count )
=2.741/( (4.441+7.659)/ 2 )
=2.741/6.05
=0.45

* 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.

Pioneer Oil & Gas Total Assets Related Terms

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Pioneer Oil & Gas (Pioneer Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512
Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States.
Executives
Don Jared Colton director, 10 percent owner, officer: President 2172 GAMBEL OAK DR, SANDY UT 84092
Gregg B Colton director, 10 percent owner, officer: Vice President and Secretary 1206 W SOUTH JORDON PARKWAY, UNITE B, SOUTH JORDAN UT 84095

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