GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » LinnCo LLC (OTCPK:LNCOQ) » Definitions » Total Assets

LinnCo LLC (LinnCo LLC) Total Assets : $6.32 Mil (As of Sep. 2016)


View and export this data going back to 2012. Start your Free Trial

What is LinnCo LLC Total Assets?

LinnCo LLC's Total Assets for the quarter that ended in Sep. 2016 was $6.32 Mil.

Total Assets is connected with ROA %. LinnCo LLC's annualized ROA % for the quarter that ended in Sep. 2016 was -366.17%. Total Assets is also linked to Revenue through Asset Turnover. LinnCo LLC's Asset Turnover for the quarter that ended in Sep. 2016 was 0.00.


LinnCo LLC Total Assets Historical Data

The historical data trend for LinnCo LLC'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.

LinnCo LLC Total Assets Chart

LinnCo LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Assets
Get a 7-Day Free Trial 8,000.14 1,222.34 3,665.52 1,368.02 37.41

LinnCo LLC Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 378.88 37.41 18.28 17.55 6.32

LinnCo LLC 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.

LinnCo LLC's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (A: Dec. 2015 )+Total Liabilities (A: Dec. 2015 )
=7.006+30.402
=37.41

LinnCo LLC's Total Assets for the quarter that ended in Sep. 2016 is calculated as

Total Assets=Total Equity (Q: Sep. 2016 )+Total Liabilities (Q: Sep. 2016 )
=-5.13+11.453
=6.32

* 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.


LinnCo LLC  (OTCPK:LNCOQ) Total Assets Explanation

Total Assets is connected with ROA %.

LinnCo LLC's annualized ROA % for the quarter that ended in Sep. 2016 is

ROA %=Net Income (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=-43.708/( (17.55+6.323)/ 2 )
=-43.708/11.9365
=-366.17 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) 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.

LinnCo LLC's Asset Turnover for the quarter that ended in Sep. 2016 is

Asset Turnover
=Revenue (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=0/( (17.55+6.323)/ 2 )
=0/11.9365
=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.

LinnCo LLC Total Assets Related Terms

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


LinnCo LLC (LinnCo LLC) Business Description

Traded in Other Exchanges
N/A
Address
LinnCo LLC is a Delaware limited liability company formed on April 30, 2012, under the Delaware Limited Liability Company Act. The Company owns interests in Linn Energy, LLC. It had no significant assets or operations other than those related to its interest in LINN Energy. LINN Energy is an independent oil and natural gas company. Its properties, including those acquired in the Berry acquisition, are located in seven operating regions in the U.S. are Rockies, which includes properties located in Wyoming (Green River Basin and Powder River Basin), Utah (Uinta Basin), North Dakota (Williston Basin) and Colorado (Piceance Basin); Mid-Continent, which includes properties in Oklahoma, Louisiana and the eastern portion of the Texas Panhandle (including the Granite Wash and Cleveland horizontal plays); Hugoton Basin, which includes properties located in Kansas and the Shallow Texas Panhandle; California, which includes the San Joaquin Valley Basin and the Los Angeles Basin; Permian Basin, which includes areas in west Texas and southeast New Mexico; Michigan/Illinois, which includes the Antrim Shale formation in the northern part of Michigan and oil properties in southern Illinois; and East Texas, which includes properties located in east Texas.
Executives
Stephen J Hadden director 3 SUMMIT PARK DRIVE, SUITE 700, INDEPENDENCE OH 44131
Mark E Ellis director, officer: Chairman, President and CEO 717 TEXAS AVENUE, SUITE 2100, HOUSTON TX 77002
Michael C Linn director 650 WASHINGTON ROAD, 8TH FLOOR, PITTSBURGH PA 15228
David D Dunlap other: Former Director 3003 SWISS AVE HOUSTON TX 75204
George A Alcorn director P O BOX 4362, HOUSTON TX 77210-4362
Jeffrey C Swoveland director C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203

LinnCo LLC (LinnCo LLC) Headlines