GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zargon Oil & Gas Ltd (GREY:ZARFF) » Definitions » Total Assets

Zargon Oil & Gas (Zargon Oil & Gas) Total Assets : $36.85 Mil (As of Jun. 2020)


View and export this data going back to 2009. Start your Free Trial

What is Zargon Oil & Gas Total Assets?

Zargon Oil & Gas's Total Assets for the quarter that ended in Jun. 2020 was $36.85 Mil.

Total Assets is connected with ROA %. Zargon Oil & Gas's annualized ROA % for the quarter that ended in Jun. 2020 was 5.11%. Total Assets is also linked to Revenue through Asset Turnover. Zargon Oil & Gas's Asset Turnover for the quarter that ended in Jun. 2020 was 0.01.


Zargon Oil & Gas Total Assets Historical Data

The historical data trend for Zargon 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.

Zargon Oil & Gas Total Assets Chart

Zargon Oil & Gas Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 192.27 126.99 110.07 80.68 77.03

Zargon Oil & Gas Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 79.57 78.75 77.03 46.89 36.85

Zargon 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.

Zargon Oil & Gas's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=20.202+56.826
=77.03

Zargon Oil & Gas's Total Assets for the quarter that ended in Jun. 2020 is calculated as

Total Assets=Total Equity (Q: Jun. 2020 )+Total Liabilities (Q: Jun. 2020 )
=-8.751+45.601
=36.85

* 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.


Zargon Oil & Gas  (GREY:ZARFF) Total Assets Explanation

Total Assets is connected with ROA %.

Zargon Oil & Gas's annualized ROA % for the quarter that ended in Jun. 2020 is

ROA %=Net Income (Q: Jun. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Jun. 2020 ))/ count )
=2.14/( (46.885+36.851)/ 2 )
=2.14/41.868
=5.11 %

Note: The Net Income data used here is four times the quarterly (Jun. 2020) 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.

Zargon Oil & Gas's Asset Turnover for the quarter that ended in Jun. 2020 is

Asset Turnover
=Revenue (Q: Jun. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Jun. 2020 ))/ count )
=0.292/( (46.885+36.851)/ 2 )
=0.292/41.868
=0.01

* 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.

Zargon Oil & Gas Total Assets Related Terms

Thank you for viewing the detailed overview of Zargon Oil & Gas's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Zargon Oil & Gas (Zargon Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
112 - 4th Avenue SW, Suite 1100, Sun Life Plaza - East Tower, Calgary, AB, CAN, T2P 0H3
Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin projects.

Zargon Oil & Gas (Zargon Oil & Gas) Headlines