Petrovietnam Drilling & Well Service (STC:PVD) Total Assets : ₫21,632,848 Mil (As of Dec. 2023)

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What is Petrovietnam Drilling & Well Service Total Assets?

Petrovietnam Drilling & Well Service's Total Assets for the quarter that ended in Dec. 2023 was ₫21,632,848 Mil.

During the past 12 months, Petrovietnam Drilling & Well Service's average Total Assets Growth Rate was -0.60% per year. During the past 3 years, the average Total Assets Growth Rate was -1.10% per year. During the past 10 years, the average Total Assets Growth Rate was -0.90% per year.

During the past 13 years, Petrovietnam Drilling & Well Service's highest 3-Year average Total Assets Growth Rate was 31.70%. The lowest was -4.20%. And the median was 1.00%.

Total Assets is connected with ROA %. Petrovietnam Drilling & Well Service's annualized ROA % for the quarter that ended in Dec. 2023 was 3.77%. Total Assets is also linked to Revenue through Asset Turnover. Petrovietnam Drilling & Well Service's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.

Petrovietnam Drilling & Well Service Total Assets Historical Data

The historical data trend for Petrovietnam Drilling & Well Service'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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Petrovietnam Drilling & Well Service Total Assets Chart

Petrovietnam Drilling & Well Service Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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20,891,727.39

20,856,190.21

20,761,202.48

20,704,046.69

21,632,848.21

Petrovietnam Drilling & Well Service 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															20,704,046.69	20,510,846.08	20,865,167.42	21,499,361.64	21,632,848.21

Petrovietnam Drilling & Well Service 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.

Petrovietnam Drilling & Well Service'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 )
	=	14898157.54	+	6734690.668
	=	21,632,848

Petrovietnam Drilling & Well Service'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 )
	=	14898157.54	+	6734690.668
	=	21,632,848

Petrovietnam Drilling & Well Service (STC:PVD) Total Assets Explanation

Total Assets is connected with ROA %.

Petrovietnam Drilling & Well Service'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 )
	=	814087.912	/	( (21499361.638	+	21632848.208)	/ 2 )
	=	814087.912	/	21566104.923
	=	3.77 %

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.

Petrovietnam Drilling & Well Service'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 )
=	1771068.371	/	( (21499361.638	+	21632848.208)	/ 2 )
=	1771068.371	/	21566104.923
=	0.08

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.

Petrovietnam Drilling & Well Service Total Assets Related Terms

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Petrovietnam Drilling & Well Service (STC:PVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrovietnam Drilling & Well Service Corp (STC:PVD) » Definitions » Total Assets

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Address

4th Floor, Sailing Tower, 111A Pasteur Street, Ben Nghe Ward, District 1, Ho Chi Minh, VNM

Website

http://www.pvdrilling.com.vn

Petrovietnam Drilling & Well Service Corp is a provider of drilling rigs and technical services for the exploration and exploitation of oil and gas industry locally and internationally. The company operates through three segments namely Drilling services, Trading, and Other services. Its Drilling services segment offers drilling rigs and drilling services. The Trading segment produces material and equipment for drilling-related activities. Its Other services segment is involved in administering well services, wireline logging, oil spill control service, drilling manpower supply service, investment-management project consulting service, management consulting service and other related services. Geographically it operates in Vietnam, Malaysia, Myanmar, Algeria.

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