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Simba Essel Energy (Simba Essel Energy) Total Assets : $6.26 Mil (As of Mar. 2019)


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What is Simba Essel Energy Total Assets?

Simba Essel Energy's Total Assets for the quarter that ended in Mar. 2019 was $6.26 Mil.

Total Assets is connected with ROA %. Simba Essel Energy's annualized ROA % for the quarter that ended in Mar. 2019 was -3.34%. Total Assets is also linked to Revenue through Asset Turnover. Simba Essel Energy's Asset Turnover for the quarter that ended in Mar. 2019 was 0.00.


Simba Essel Energy Total Assets Historical Data

The historical data trend for Simba Essel 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.

Simba Essel Energy Total Assets Chart

Simba Essel Energy Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.42 7.21 7.72 7.87 6.33

Simba Essel Energy Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 8.20 6.33 6.37 6.18 6.26

Simba Essel 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.

Simba Essel Energy's Total Assets for the fiscal year that ended in Jun. 2018 is calculated as

Total Assets=Total Equity (A: Jun. 2018 )+Total Liabilities (A: Jun. 2018 )
=4.361+1.965
=6.33

Simba Essel Energy's Total Assets for the quarter that ended in Mar. 2019 is calculated as

Total Assets=Total Equity (Q: Mar. 2019 )+Total Liabilities (Q: Mar. 2019 )
=4.162+2.097
=6.26

* 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.


Simba Essel Energy  (OTCPK:SMBZF) Total Assets Explanation

Total Assets is connected with ROA %.

Simba Essel Energy's annualized ROA % for the quarter that ended in Mar. 2019 is

ROA %=Net Income (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=-0.208/( (6.183+6.259)/ 2 )
=-0.208/6.221
=-3.34 %

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

Simba Essel Energy's Asset Turnover for the quarter that ended in Mar. 2019 is

Asset Turnover
=Revenue (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=0/( (6.183+6.259)/ 2 )
=0/6.221
=0.00

* 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.

Simba Essel Energy Total Assets Related Terms

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Simba Essel Energy (Simba Essel Energy) Business Description

Traded in Other Exchanges
N/A
Address
905 West Pender Street, Suite 210, Vancouver, BC, CAN, V6C 1L6
Simba Essel Energy Inc is a Canadian exploration company. Its principal business activity includes the acquisition and exploration of resource properties. The company engages in the process of exploring its oil and gas properties.

Simba Essel Energy (Simba Essel Energy) Headlines

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