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TransAtlantic Petroleum (TransAtlantic Petroleum) Total Assets : $84.86 Mil (As of Sep. 2020)


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What is TransAtlantic Petroleum Total Assets?

TransAtlantic Petroleum's Total Assets for the quarter that ended in Sep. 2020 was $84.86 Mil.

Total Assets is connected with ROA %. TransAtlantic Petroleum's annualized ROA % for the quarter that ended in Sep. 2020 was -13.18%. Total Assets is also linked to Revenue through Asset Turnover. TransAtlantic Petroleum's Asset Turnover for the quarter that ended in Sep. 2020 was 0.10.


TransAtlantic Petroleum Total Assets Historical Data

The historical data trend for TransAtlantic Petroleum'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.

TransAtlantic Petroleum Total Assets Chart

TransAtlantic Petroleum Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 298.19 196.39 160.65 132.60 136.50

TransAtlantic Petroleum Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 143.27 136.50 103.21 94.69 84.86

TransAtlantic Petroleum 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.

TransAtlantic Petroleum's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=7.58+128.924
=136.50

TransAtlantic Petroleum's Total Assets for the quarter that ended in Sep. 2020 is calculated as

Total Assets=Total Equity (Q: Sep. 2020 )+Total Liabilities (Q: Sep. 2020 )
=-19.417+104.279
=84.86

* 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.


TransAtlantic Petroleum  (AMEX:TAT) Total Assets Explanation

Total Assets is connected with ROA %.

TransAtlantic Petroleum's annualized ROA % for the quarter that ended in Sep. 2020 is

ROA %=Net Income (Q: Sep. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=-11.836/( (94.686+84.862)/ 2 )
=-11.836/89.774
=-13.18 %

Note: The Net Income data used here is four times the quarterly (Sep. 2020) 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.

TransAtlantic Petroleum's Asset Turnover for the quarter that ended in Sep. 2020 is

Asset Turnover
=Revenue (Q: Sep. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=8.629/( (94.686+84.862)/ 2 )
=8.629/89.774
=0.10

* 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.

TransAtlantic Petroleum Total Assets Related Terms

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TransAtlantic Petroleum (TransAtlantic Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
16803 Dallas Parkway, Addison, TX, USA, 75001
TransAtlantic Petroleum Ltd is an oil and natural gas company, which is engaged in the acquisition, exploration, development, and production of oil and natural gas. It operates through the Turkey and Bulgaria geographical segments. It holds interests in developed and undeveloped oil and natural gas properties in Turkey and Bulgaria. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The firm derives the majority of revenue from of crude oil and natural gas.
Executives
Mary E West other: See REMARKS 1603 ORRINGTON AVE STE 810 EVANSTON IL 60201
Mitchell Noah Malone Iii director, 10 percent owner, officer: Chief Executive Officer 16803 DALLAS PARKWAY, ADDISON TX 75001
West Family Investments, Inc. other: See REMARKS 1603 ORRINGTON AVE, SUITE 810 EVANSTON IL 60201
Randy Rochman director 16803 DALLAS PARKWAY ADDISON TX 75001
Jonathon Fite director 16803 DALLAS PARKWAY ADDISON TX 75001
West Investment Holdings, Llc 10 percent owner, other: See REMARKS 1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Gary West other: See REMARKS 1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Todd Dutton officer: President 16803 DALLAS PARKWAY ADDISON TX 75001
Tabitha Bailey officer: VP & General Counsel 16803 DALLAS PARKWAY, ADDISON TX 75001
Michael Paul Hill officer: Chief Accounting Officer 16803 DALLAS PARKWAY ADDISON TX 75001
Selami Uras officer: Executive VP Turkey 16803 N. DALLAS PARKWAY ADDISON TX 75001
David Gerald Mitchell officer: Vice President Engineering 16803 DALLAS PARKWAY ADDISON TX 75001
Galo Fabian Anda officer: Principal Accounting/Financial 16803 DALLAS PARKWAY ADDISON TX 75001
Mel G Riggs director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Charles J Campise director

TransAtlantic Petroleum (TransAtlantic Petroleum) Headlines