Sanchez Energy's Total Assets for the quarter that ended in Sep. 2019 was $2,862.81 Mil.
Warning Sign:
If a company builds asset at 6.7% a year, faster than its revenue growth rate of 3.2% over the past 5 years, it means that the company may be getting less efficent.
During the past 12 months, Sanchez Energy's average Total Assets Growth Rate was 4.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 35.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.70% per year.
During the past 10 years, Sanchez Energy's highest 3-Year average Total Assets Growth Rate was 280.60%. The lowest was -17.40%. And the median was 43.00%.
The historical data trend for Sanchez 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.
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.
Sanchez Energy's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as
* 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.
Sanchez Energy (OTCPK:SCAZQ.PFD) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
Sanchez Energy's Asset Turnover for the quarter that ended in Sep. 2019 is
* 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.
Sanchez Energy Total Assets Related Terms
Thank you for viewing the detailed overview of Sanchez Energy's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Sanchez Energy (Sanchez Energy) Business Description
Sanchez Energy Corp is a United States-based independent exploration and production company. It is focused on the acquisition and development of U.S. onshore unconventional oil and natural gas resources, with the focus on the horizontal development of resource potential from the Eagle Ford Shale in South Texas. The company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana. It generates its revenue from the sale of oil, natural gas liquid sales, and others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SCAZQ.PFD has been successfully added to your 