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Arrow Exploration (Arrow Exploration) Total Assets : $62.28 Mil (As of Dec. 2023)


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What is Arrow Exploration Total Assets?

Arrow Exploration's Total Assets for the quarter that ended in Dec. 2023 was $62.28 Mil.

During the past 12 months, Arrow Exploration's average Total Assets Growth Rate was 23.40% per year. During the past 3 years, the average Total Assets Growth Rate was 33.50% per year. During the past 5 years, the average Total Assets Growth Rate was -9.10% per year. During the past 10 years, the average Total Assets Growth Rate was 26.70% per year.

During the past 13 years, Arrow Exploration's highest 3-Year average Total Assets Growth Rate was 1245.80%. The lowest was -56.30%. And the median was 40.15%.

Total Assets is connected with ROA %. Arrow Exploration's annualized ROA % for the quarter that ended in Dec. 2023 was -67.13%. Total Assets is also linked to Revenue through Asset Turnover. Arrow Exploration's Asset Turnover for the quarter that ended in Dec. 2023 was 0.24.


Arrow Exploration Total Assets Historical Data

The historical data trend for Arrow Exploration'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.

Arrow Exploration Total Assets Chart

Arrow Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.75 33.53 41.20 53.19 62.28

Arrow Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 53.19 53.72 56.31 62.76 62.28

Arrow Exploration 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.

Arrow Exploration's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=41.51+20.766
=62.28

Arrow Exploration'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 )
=41.51+20.766
=62.28

* 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.


Arrow Exploration  (OTCPK:CSTPF) Total Assets Explanation

Total Assets is connected with ROA %.

Arrow Exploration's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-41.968/( (62.755+62.275)/ 2 )
=-41.968/62.515
=-67.13 %

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

Arrow Exploration's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=15.109/( (62.755+62.275)/ 2 )
=15.109/62.515
=0.24

* 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.

Arrow Exploration Total Assets Related Terms

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Arrow Exploration (Arrow Exploration) Business Description

Traded in Other Exchanges
Address
333 - 11th Avenue SW, 1430, Calgary, CAN, T2R 1L9
Arrow Exploration Corp is engaged in oil exploration, development and production, and the acquisition of oil and gas properties. It operates in Colombia and Western Canada. Some of the company's assets are Tapir Block and Santa Isabel. The Canada segment of the company is referred to as Corporate Segment. The company's revenues are majorly derived from Oil Sales.

Arrow Exploration (Arrow Exploration) Headlines

From GuruFocus

Arrow Announces Termination of Market-Making Agreement

By GlobeNewswire GlobeNewswire 12-06-2019

Arrow Exploration Announces Closing of the Sale of the LLA-23 Block

By GlobeNewswire GlobeNewswire 12-30-2020

Arrow Appoints New Chairman

By GlobeNewswire GlobeNewswire 01-16-2020

Arrow Announces New Interim CEO Appointment

By GlobeNewswire GlobeNewswire 12-18-2019