Genesis Energy LP's Total Assets for the quarter that ended in Dec. 2023 was $7,019 Mil.
During the past 12 months, Genesis Energy LP's average Total Assets Growth Rate was 10.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 0.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.00% per year.
During the past 13 years, Genesis Energy LP's highest 3-Year average Total Assets Growth Rate was 86.30%. The lowest was -31.20%. And the median was 9.40%.
Total Assets is connected with ROA %. Genesis Energy LP's annualizedROA % for the quarter that ended in Dec. 2023 was 0.68%. Total Assets is also linked to Revenue through Asset Turnover. Genesis Energy LP's Asset Turnover for the quarter that ended in Dec. 2023 was 0.11.
Genesis Energy LP Total Assets Historical Data
The historical data trend for Genesis Energy LP'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.
Genesis Energy LP Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Total Assets
6,597.64
5,933.62
5,905.80
6,365.99
7,018.78
Genesis Energy LP Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Total Assets
6,365.99
6,586.46
6,669.46
6,938.44
7,018.78
Genesis Energy LP 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.
Genesis Energy LP's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Genesis Energy LP (NYSE:GEL) Total Assets Explanation
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.
Genesis Energy LP's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Genesis Energy LP Total Assets Related Terms
Thank you for viewing the detailed overview of Genesis Energy LP's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Genesis Energy LP (Genesis Energy LP) Business Description
Genesis Energy LP is an us-based limited partnership that focuses on the midstream segment of the crude oil and natural gas industry. It engages in providing services to crude oil and natural gas producers, and industrial and commercial enterprises. The company's reportable segments are offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation, and marine transportation. It generates maximum revenue from the offshore pipeline transportation segment. The Sodium minerals and sulfur services segment includes trona and trona-based exploring, mining, processing, producing, marketing, and selling activities, as well as processing high sulfur gas streams for refineries to remove the sulfur, and selling the related by-product.
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