AXP Energy (AXP Energy) Total Assets : $21.11 Mil (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is AXP Energy Total Assets?

AXP Energy's Total Assets for the quarter that ended in Dec. 2023 was $21.11 Mil.

During the past 12 months, AXP Energy's average Total Assets Growth Rate was -18.80% per year. During the past 3 years, the average Total Assets Growth Rate was 26.40% per year. During the past 5 years, the average Total Assets Growth Rate was 30.80% per year. During the past 10 years, the average Total Assets Growth Rate was 2.10% per year.

During the past 13 years, AXP Energy's highest 3-Year average Total Assets Growth Rate was 87.00%. The lowest was -36.00%. And the median was 21.20%.

Total Assets is connected with ROA %. AXP Energy's annualized ROA % for the quarter that ended in Dec. 2023 was -21.13%. Total Assets is also linked to Revenue through Asset Turnover. AXP Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

AXP Energy Total Assets Historical Data

The historical data trend for AXP 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.

AXP Energy Total Assets Chart

AXP Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

12.15

10.86

27.51

30.59

20.11

AXP Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															30.55	30.59	26.01	20.11	21.11

AXP 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.

AXP Energy's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	10.521	+	9.59
	=	20.11

AXP Energy's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	8.333	+	12.777
	=	21.11

AXP Energy (OTCPK:AUNXF) Total Assets Explanation

Total Assets is connected with ROA %.

AXP Energy's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-4.356	/	( (20.111	+	21.11)	/ 2 )
	=	-4.356	/	20.6105
	=	-21.13 %

Note: The Net Income data used here is two times the semi-annual (Dec. 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.

AXP Energy's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.314	/	( (20.111	+	21.11)	/ 2 )
=	0.314	/	20.6105
=	0.02

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.

AXP Energy Total Assets Related Terms

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

AXP Energy (AXP Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » AXP Energy Ltd (OTCPK:AUNXF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AXP:Australia

Address

8 Spring Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.apxenergy.com

AXP Energy Ltd is an independent oil and gas exploration company focusing on the Illinois Basin and other areas in the southern United States. The principal activities of the Group continued to be oil and gas exploration, development, and production in the United States of America. The company's segment consists of the Appalachian Basin, Denver-Julesburg ("DJ") Basin, Illinois Basin, and Corporate and Other. The company generates the majority of its revenue from the Appalachian Basin.