Genesis Energy (NZSE:GNE) Total Assets

: NZ$5,166 Mil (As of Dec. 2023)

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Genesis Energy's Total Assets for the quarter that ended in Dec. 2023 was NZ$5,166 Mil.

During the past 12 months, Genesis Energy's average Total Assets Growth Rate was -8.80% per year. During the past 3 years, the average Total Assets Growth Rate was 3.40% per year. During the past 5 years, the average Total Assets Growth Rate was 4.10% per year.

During the past 10 years, Genesis Energy's highest 3-Year average Total Assets Growth Rate was 7.10%. The lowest was 2.80%. And the median was 5.10%.

Total Assets is connected with ROA %. Genesis Energy's annualized ROA % for the quarter that ended in Dec. 2023 was 1.49%. Total Assets is also linked to Revenue through Asset Turnover. Genesis Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.27.

Genesis Energy Total Assets Historical Data

The historical data trend for Genesis 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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Genesis Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

4,632.50

4,582.30

5,241.90

5,272.40

5,090.00

Genesis 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																4,797.90	5,272.40	5,701.80	5,090.00	5,165.90

Genesis 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.

Genesis 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 )
	=	2406	+	2684
	=	5,090

Genesis 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 )
	=	2469	+	2696.9
	=	5,166

Genesis Energy (NZSE:GNE) Total Assets Explanation

Total Assets is connected with ROA %.

Genesis 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 )
	=	76.6	/	( (5090	+	5165.9)	/ 2 )
	=	76.6	/	5127.95
	=	1.49 %

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.

Genesis 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 )
=	1379.4	/	( (5090	+	5165.9)	/ 2 )
=	1379.4	/	5127.95
=	0.27

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 Total Assets Related Terms

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Genesis Energy (NZSE:GNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Genesis Energy Ltd (NZSE:GNE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

1G6:Germany GNE:Australia

Address

155 Fanshawe Street, Genesis Energy Level 6, Wynyard Quarter, Auckland, NZL, 1010

Website

https://www.genesisenergy.co.nz

Genesis Energy is one of New Zealand's leading producers of electricity, accounting for more than 15% of the country's total generation. The firm enjoys a strong retail presence, with the highest retail market share, at over 25%. The company has a mix of renewable and thermal assets, with the latter accounting for about 55%-60% of the firm's overall production. The company has a 46% interest in the Kupe oil and gas field.