MCF Energy (FRA:DC6) Total Assets

: €24.83 Mil (As of Sep. 2023)

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MCF Energy's Total Assets for the quarter that ended in Sep. 2023 was €24.83 Mil.

During the past 12 months, MCF Energy's average Total Assets Growth Rate was 425616.70% per year. During the past 3 years, the average Total Assets Growth Rate was -54.10% per year.

During the past 13 years, MCF Energy's highest 3-Year average Total Assets Growth Rate was 1277.70%. The lowest was -85.40%. And the median was 35.70%.

Total Assets is connected with ROA %. MCF Energy's annualized ROA % for the quarter that ended in Sep. 2023 was -40.20%. Total Assets is also linked to Revenue through Asset Turnover. MCF Energy's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

MCF Energy Total Assets Historical Data

The historical data trend for MCF 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.

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MCF Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

8.72

8.32

0.06

7.69

MCF Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Total Assets																0.08	0.06	7.69	16.17	24.83

MCF 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.

MCF Energy's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	5.452	+	2.237
	=	7.69

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

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	17.87	+	6.959
	=	24.83

MCF Energy (FRA:DC6) Total Assets Explanation

Total Assets is connected with ROA %.

MCF Energy's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-8.24	/	( (16.165	+	24.829)	/ 2 )
	=	-8.24	/	20.497
	=	-40.20 %

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

MCF Energy's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (16.165	+	24.829)	/ 2 )
=	0	/	20.497
=	0.00

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.

MCF Energy Total Assets Related Terms

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MCF Energy (FRA:DC6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MCF Energy Ltd (FRA:DC6) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MCFNF:USA DC6:Germany MCF:Canada

Address

595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1

Website

https://www.mcfenergy.com

MCF Energy Ltd is a junior resource company engaged in the identification, exploration, and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. It has two projects which are in Australia and Germany.

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