Wolf Energy Services (Wolf Energy Services) Total Assets : $1.80 Mil (As of Jun. 2023)

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What is Wolf Energy Services Total Assets?

Wolf Energy Services's Total Assets for the quarter that ended in Jun. 2023 was $1.80 Mil.

Total Assets is connected with ROA %. Wolf Energy Services's annualized ROA % for the quarter that ended in Jun. 2023 was -223.95%. Total Assets is also linked to Revenue through Asset Turnover. Wolf Energy Services's Asset Turnover for the quarter that ended in Jun. 2023 was 1.15.

Wolf Energy Services Total Assets Historical Data

The historical data trend for Wolf Energy Services'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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Wolf Energy Services Total Assets Chart

Wolf Energy Services Annual Data

Trend

Mar22

Mar23

Total Assets

10.14

2.28

Wolf Energy Services Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Assets	Get a 7-Day Free Trial			-	5.01	9.34	2.28	1.80

Wolf Energy Services 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.

Wolf Energy Services's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	-1.048	+	3.33
	=	2.28

Wolf Energy Services's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	-2.154	+	3.955
	=	1.80

Wolf Energy Services (OTCPK:WOEN) Total Assets Explanation

Total Assets is connected with ROA %.

Wolf Energy Services's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-4.572	/	( (2.282	+	1.801)	/ 2 )
	=	-4.572	/	2.0415
	=	-223.95 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) 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.

Wolf Energy Services's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	2.344	/	( (2.282	+	1.801)	/ 2 )
=	2.344	/	2.0415
=	1.15

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.

Wolf Energy Services Total Assets Related Terms

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Wolf Energy Services (Wolf Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wolf Energy Services Inc (OTCPK:WOEN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

408 State Highway 135N, Kilgore, TX, USA, 75662

Website

https://www.wolf-energy.com

Wolf Energy Services Inc, through its wholly-owned subsidiary, provides transportation of frac sand and logistics services to hydraulic fracturing and drilling operations. Capstone procures and finances equipment for oilfield transportation service contractors. It operates in the transportation and logistics services business serving hydraulic fracking companies and assisting in their operations through Banner. The Company operates through Banner Midstream which has two operating subsidiaries: Pinnacle Frac Transport LLC and Capstone Equipment Leasing LLC.

Executives

Jay M. Puchir	officer: CEO & President of Subsidiary	3333 PINNACLE HILLS PARKWAY, SUITE 220, ROGERS AR 72758
Jimmy Ray Galla	director, officer: CEO and CFO	408 STATE HWY 135N, KILGORE TX 75662
Ecoark Holdings, Inc.	10 percent owner	303 PEARL PARKWAY SUITE 200, SAN ANTONIO TX 78215
Jimmy Don Reedy	director	303 PEARL PARKWAY, SUITE 200, SAN ANTONIO TX 78215
Raynard Veldman	director	2011 ROYAL CREST, MANSFIELD TX 76063
Adele Dibella	10 percent owner	3500 BAYVIEW DRIVE, FT. LAUDERDALE FL 33308
John Dibella	director, officer: Chief Executive Officer	821 NW 57TH PLACE, FORT LAUDERDALE FL 33309
Alberto Dibella	director, 10 percent owner, officer: Chief Executive Officer	3500 BAYVIEW DRIVE, FORT LAUDERDALE FL 33301

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